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Dollar Tree - Hutchinson, MN 945 MN-7 West 10,000 SF Retail Building Hutchinson, MN 55350 $1,960,000 ($196/SF) 7.50% Cap Rate
Investment Highlights
- 10+ year construction warranty
- NN+ lease with 9+ years remaining
Executive Summary
9+ years remaining on the lease. Brand new construction. NN+ with limited landlord responsibilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,000 SF
Year Built
2024
Price
$1,960,000
Price Per SF
$196
Cap Rate
7.50%
NOI
$147,000
Tenancy
Single
Building Height
1 Story
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar Tree
- Retailer
- 10,000 SF
- -
- Double Net
- Feb 2035
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar Tree | Retailer | 10,000 SF | - | Double Net | Feb 2035 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 23.036.2550 | Improvements Assessment | $0 |
| Land Assessment | $193,700 | Total Assessment | $193,700 |
Property Taxes
Parcel Number
23.036.2550
Land Assessment
$193,700
Improvements Assessment
$0
Total Assessment
$193,700
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Dollar Tree - Hutchinson, MN | 945 MN-7 West
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