13135 Main StRogers, MN 55374

For Sale
$2,975,000

High-Yield Triple-Net Lease Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional multi-tenant retail property, located at 13135 Main St in Rogers, Minnesota (zip code 55374), presents a compelling investment opportunity. Built in 2019, this 5,193 square foot center sits on a 0.75-acre lot and boasts 100% occupancy with three national tenants: Dunkin', Five Guys, and Prose. The property offers a strong net operating income (NOI) of $178,653, translating to an attractive 6.00% cap rate. The asking price is $2,975,000. Strategically positioned on a main I-94 exit, this center benefits from high visibility and easy access, serving a thriving retail market in Rogers, a premier out-of-metro retail hub with limited vacancy. The property's diverse tenant mix and strong financial performance make it an ideal addition to any investment portfolio. This is a triple-net lease investment, offering a low-maintenance, high-return opportunity. The property's location in Hennepin County, Minnesota, further enhances its appeal. This is a rare opportunity to acquire a high-performing retail center in a prime location.

Highlights

  • $2,975,000 asking price for this net-leased retail property.
  • Multi-tenant retail property with three tenants: Dunkin', Five Guys, and Prose.
  • 5,193 square feet on a 0.75-acre lot in Rogers, MN.
  • 100% occupancy with a 6.00% cap rate and $178,653 NOI.
  • Built in 2019, located at 13135 Main St, Rogers, MN 55374.

Property Details for 13135 Main St

Property type
Other retail properties, Individual retail properties
Square Feet
5,193 SF
Year Built
2019
Lot Size (sq. ft)
32,670 SF

Location Insight

City
Rogers
County
Hennepin
State
Minnesota
Latitude
45.1929963
Longitude
-93.5534178
13135 Main St, Rogers, Minnesota

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13135 Main St
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