1450 Gilmore AveWinona, MN 55987

This exceptional investment opportunity presents a fee-simple ownership of a 17,575-square-foot Goodwill storefront located at 1450 Gilmore Ave, Winona, Minnesota 55987. The property, built in 2016 on a 1.63-acre lot (APN 32.610.0010), boasts a 6.00% cap rate and a Net Operating Income (NOI) of $286,650. Currently operating under a single-tenant, net lease (NNN) agreement with Goodwill, the lease commenced August 20, 2015, and expires October 31, 2026, leaving approximately 1.9 years remaining. The lease includes two five-year renewal options, each with built-in rental increases. The tenant, Goodwill, is a highly reputable and recession-resistant business. The property enjoys excellent visibility and access, situated near other major retail establishments. The asking price is $4,777,500, translating to a price per square foot of $271.83. The tenant is responsible for all expenses except roof and structural repairs. Comparatively low debt is assumable, subject to lender approval. This is a rare opportunity to acquire a stable, high-performing retail investment with significant upside potential.