631 Ryans Way | Buffalo, MN 55313
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- LoopNet Team
631 Ryans Way
Buffalo, MN 55313
ADVANCE AUTO PARTS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- CREDIT RATED TENANT: The anchor tenant here, Advance Stores Company, Incorporated (NYSE: AAP) credit is rated BB+ by S&P Global
- This location is ideally positioned to several large automotive dealerships – Morrie’s Ford, Ryan Chevrolet, Ryan Chrysler Dodge, etc
- RECENT EXTENSIONS: Advance Auto recently extended their lease early this year by 5 years, communicating their commitment to the location.
- Property is located off Highway 55 with ±20,000 VPD traffic counts, Shadow-Anchored by a Coborn’s Grocery and Gas, surrounded by several retailers
- Each tenant has proven their long-term viability in this location with Advance Auto having occupied this space for almost +18 years
- The Verizon tenant is a 56 unit operator who recently bought this location’s business from the previous franchisee due to its strong performance.
PROPERTY FACTS
Property Type
Retail
Building Size
10,620 SF
Year Built
2005
Building Height
1 Story
Building FAR
0.11
Lot Size
2.25 AC
Frontage
130’ on Ryan's Way
PROPERTY TAXES
| Parcel Number | 103-500-292326 | Improvements Assessment | $685,700 |
| Land Assessment | $784,200 | Total Assessment | $1,469,900 |
PROPERTY TAXES
Parcel Number
103-500-292326
Land Assessment
$784,200
Improvements Assessment
$685,700
Total Assessment
$1,469,900
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