221 2nd Ave SW | Byron, MN 55920
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- LoopNet Team
221 2nd Ave SW
Byron, MN 55920
Momentum Behavior Services | 8.00% Cap Rate · Office Property For Sale
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASE: The site features an absolute NNN lease with no landlord responsibilities.
- ANNUAL RENT INCREASES: The lease features 2% annual rent increases, providing investors with a hedge against inflation and consistent rent growth.
- LONG-TERM LEASE: This property features a secure long-term lease with ±11 years remaining, providing a reliable stream of rental income for landlord.
- The global autism spectrum disorder therapeutics market size is estimated to be valued at USD 2.4 billion in 2025.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
18,030 SF
Building Class
B
Year Built/Renovated
1996/2008
Tenancy
Single
Building Height
1 Story
Typical Floor Size
18,030 SF
Building FAR
0.30
Lot Size
1.36 AC
Zoning
C - Commercial
AMENITIES
- Security System
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 75.32.31.079023 | Improvements Assessment | $932,400 |
| Land Assessment | $118,500 | Total Assessment | $1,050,900 |
PROPERTY TAXES
Parcel Number
75.32.31.079023
Land Assessment
$118,500
Improvements Assessment
$932,400
Total Assessment
$1,050,900
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