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DG Market 531 Minnesota Ave S 12,861 SF Retail Building Oronoco, MN 55960 $2,358,737 ($183.40/SF) 6.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Positioned within the Rochester MSA
- 5% rental escalations every five years
- 102,000+ people live within a 10-mile radius
- 2024 construction
- Located just off US Highway 52 (30,000 VPD)
- Average household income exceeds $187,000 within 3 miles
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
12,861 SF
Building Class
C
Year Built
2024
Price
$2,358,737
Price Per SF
$183.40
Cap Rate
6.35%
NOI
$149,780
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.74 AC
Zoning
C-1 - Commercial
Frontage
184’ on South Minnesota Avenue
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Dollar General
- -
- -
- -
- Sep 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Dollar General | - | - | - | Sep 2039 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $102,900 | Total Assessment | $102,900 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$102,900
Improvements Assessment
$0
Total Assessment
$102,900
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DG Market | 531 Minnesota Ave S
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