4920 Highway 29 S | Alexandria, MN 56308
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4920 Highway 29 S
Alexandria, MN 56308
Perkins · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,368 SF
Building Class
C
Year Built/Renovated
1977/2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.25 AC
ABOUT 4920 HIGHWAY 29 S , ALEXANDRIA, MN 56308
This is an excellent opportunity to purchase an investment property for $2,950,000 at 6.50% cap rate. With approximately 9 years remaining, this lease includes 2.75% annual rent increases and two 10-year options. Alexandria is located in the heart of lake country in West Central Minnesota and serves as the county seat of Douglas County. It is ranked the #1 Micropolitan in Minnesota.
PROPERTY TAXES
| Parcel Number | 63-3160-000 | Improvements Assessment | $426,600 |
| Land Assessment | $864,700 | Total Assessment | $1,291,300 |
PROPERTY TAXES
Parcel Number
63-3160-000
Land Assessment
$864,700
Improvements Assessment
$426,600
Total Assessment
$1,291,300
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