2004 2Nd AveStewartville, MN 55976
High-yield, corporate-guaranteed investment.
Overview
- Added:
- Feb 13
- Days on market:
- 29
Highlights
- $2,503,401 asking price for a Net Lease retail property.
- 100% occupancy with a 10-year, NN+ lease to Dollar General, Dollar Tree, and Family Dollar.
- 7.35% cap rate and $184,000 annual NOI.
- Located in Stewartville, MN, approximately 12 miles from Rochester, MN (3rd largest MSA in Minnesota) and 4 miles from Rochester International Airport.
- 1.15-acre lot with a new 2025 build-to-suit construction featuring a 20-year transferable roof warranty.
- Five, 5-year lease options with $5,000 rental increases.
Property Details for 2004 2Nd Ave
- Property type
- Other retail properties, Individual retail properties
- Year Built
- 2025
- Lot Size (sq. ft)
- 50,094 SF
Location Insight
- City
- Stewartville
- County
- Olmsted
- State
- Minnesota
- Latitude
- 43.870566963226
- Longitude
- -92.485811811141
Nearby Comparable
Nearby Similar for Sale
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