229 Carson St NW | Elk River, MN 55330
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- LoopNet Team
229 Carson St NW
Elk River, MN 55330
Sonic Drive-In · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 Year Lease Without Any Lease Negotiations
- Great Underlining Real Estate Right Off I69 (45K+VPD)
- Franchisee + Personal Guaranty
- High Store Sales - 2021 Store Sales Were Over 1.85M
- 2% Annual Increases and Percentage Rent
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,728 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.88 AC
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
215’ on Carson St NW
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 75-802-0105 | Improvements Assessment | $249,500 |
| Land Assessment | $230,000 | Total Assessment | $479,500 |
PROPERTY TAXES
Parcel Number
75-802-0105
Land Assessment
$230,000
Improvements Assessment
$249,500
Total Assessment
$479,500
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