209 Main Ave N | Braham, MN 55006
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209 Main Ave N
Braham, MN 55006
Sinclair Branded Convenience Store · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 14 years remain on NNN lease, with 1% annual rent increases and four 5-year renewal options.
- Recently re-branded to Sinclair.
- There are 1,500 Sinclair-branded gas stations owned by independent operators in 29 US states.
- Potential 100% depreciation in year 1: Please consult your tax advisor.
- Average Household Income over $63,959 within a 5 mile radius.
- Located on Main Street North with traffic counts averaging 4,900 vehicles daily in front of the property.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,866 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.00 AC
Parking
10 Spaces (3.49 Spaces per 1,000 SF Leased)
Frontage
330’ on Main Ave N
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 14.041.0050 | Improvements Assessment | $173,000 |
| Land Assessment | $130,700 | Total Assessment | $303,700 |
PROPERTY TAXES
Parcel Number
14.041.0050
Land Assessment
$130,700
Improvements Assessment
$173,000
Total Assessment
$303,700
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