210 10Th AveBrainerd, MN 56401

Exceptional investment opportunity: a 67,373-square-foot manufacturing facility in Brainerd, Minnesota, is available for sale. This single-story building, constructed in 1960 and renovated in 2011, sits on a 4.23-acre lot at 210 10th Ave NE, 56401. The property features six dock-high doors and a 14-foot ceiling height. Currently 100% occupied by ATEK Access Technologies under a 15-year absolute NNN lease with a 7.25% cap rate and a $500,000 annual net operating income (NOI). The lease includes a crucial 2% annual rent increase, providing inflation protection, and two 5-year renewal options. This sale-leaseback transaction offers a passive investment with minimal landlord responsibilities. ATEK, a well-established company, utilizes the facility for its manufacturing, warehousing, purchasing, customer service, accounting, and HR operations. The property's strategic location and ATEK's long-term commitment ensure a stable and predictable income stream. The building's capacity allows for significant production expansion within the existing footprint. This is a fee-simple ownership opportunity with no ground lease.