7035 Highway 7 SW | Montevideo, MN 56265
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- LoopNet Team
7035 Highway 7 SW
Montevideo, MN 56265
Flex Property For Sale
INVESTMENT HIGHLIGHTS
- New Long Term Net Lease Investment Opportunity.
- Excellent Initial Yield with annual increase of 4.
- Building was completely remodeled in 2022 including major upgrades to all aspects of property.
- Favorable Lease Structure with Landlord Only responsible for Roof and Structure.
- Mitlyng Electric is a well established business that has been operating in this market for 40+ years.
- Versatile building situated on 2.75 Acres of land.
PROPERTY FACTS
| Property Type | Flex | No. Stories | 1 |
| Property Subtype | Light Distribution | Year Built/Renovated | 1950/2022 |
| Building Class | B | Tenancy | Single |
| Lot Size | 0.90 AC | Clear Ceiling Height | 12’ |
| Rentable Building Area | 4,400 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | C - Commercial | ||
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 0.90 AC |
| Rentable Building Area | 4,400 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2022 |
| Tenancy | Single |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | C - Commercial |
AMENITIES
- 24 Hour Access
- Storage Space
- Air Conditioning
- Fiber Optic Internet
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 13-213-1180 | Improvements Assessment | $46,200 |
| Land Assessment | $10,400 | Total Assessment | $56,600 |
PROPERTY TAXES
Parcel Number
13-213-1180
Land Assessment
$10,400
Improvements Assessment
$46,200
Total Assessment
$56,600
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