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Investment Highlights

  • 100% Leased with Two National Tenants
  • Anytime Fitness with 7 years remaining on lease
  • Fully Equipped Salons with One owner/Tenant for all 19 Individual Salons

Executive Summary

Great 1031 Exchange Property- 100% Occupied
Rosemount has tremendous development with Corp. Clients like Meta, U Mor Park,
Built in 2015, Excellent Condition
Two National Tenants - Anytime Fitness with 7 years remaining on Lease
BOTH are NNN Lease
Sola Salons has one owner with 19 fully equipped salons; 2-3 Year old HVAC System for tenant
Tenants have individual remodeling in 2022 & 2025
64 Parking Spaces

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $352,903 $32.03
Other Income - -
Vacancy Loss - -
Effective Gross Income $352,903 $32.03
Taxes $49,746 $4.52
Operating Expenses $41,035 $3.72
Total Expenses $90,781 $8.24
Net Operating Income $262,122 $23.79

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $352,903
Annual Per SF $32.03
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $352,903
Annual Per SF $32.03
Taxes (CAD)
Annual $49,746
Annual Per SF $4.52
Operating Expenses (CAD)
Annual $41,035
Annual Per SF $3.72
Total Expenses (CAD)
Annual $90,781
Annual Per SF $8.24
Net Operating Income (CAD)
Annual $262,122
Annual Per SF $23.79

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,017 SF
Year Built
2015
Price
$3,895,779 CAD
Price Per SF
$353.62 CAD
Cap Rate
6.72%
NOI
$261,867 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.09 AC
Zoning
Commercial Preferred - B-2 Employment District
Parking
64 Spaces (5.81 Spaces per 1,000 SF Leased)
Frontage
128’ on 149th St

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -

Anytime Fitness is a global fitness franchise headquartered in Woodbury, Minnesota, and was founded in 2002. The company operates under Self Esteem Brands, its parent organization, which later merged with Orangetheory Fitness to form Purpose Brands. Anytime Fitness was established to provide members round-the-clock gym access through compact, convenience-focused fitness centers. Its franchising model accelerated rapid expansion and helped position it as a major international fitness brand. Over the years, Anytime Fitness has developed a significant global footprint supported by accessible membership options and consistent gym formats. The organization maintains a privately held structure under its parent company and continues to build on its original mission of providing accessible fitness solutions. Notable milestones include its large-scale international growth and the strategic merger that created a broader wellness-focused holding company.

  • Salon Aurora Hair By Kattie
  • Services
  • -
  • -
  • -
  • Services
  • -
  • -
  • -

Sola Salon Studios began in 2004 when founders created move-in-ready salon spaces in Denver, Colorado. The company developed a model allowing beauty professionals to rent private studios instead of working in traditional salons. This approach reduces overhead costs while providing renters with business autonomy. Sola now supports thousands of entrepreneurs across hundreds of locations in North America. The company provides fully equipped suites and business tools, while renters manage their own scheduling and pricing. Sola's community-focused model has attracted a diverse group of independent stylists and technicians.

Tenant Industry SF Occupied Rent/SF Lease End
Arts, Entertainment, and Recreation - - -
Salon Aurora Hair By Kattie Services - - -
Services - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Noodles & Company
CrossFit

Property Taxes

Property Taxes

Parcel Number
34-64850-01-010
Land Assessment
$451,278 CAD
Improvements Assessment
$1,419,320 CAD
Total Assessment
$1,870,598 CAD
Annual Taxes
$49,746 CAD ($4.52 CAD/SF)
Tax Year
2024
  • Listing ID: 38658871

  • Date on Market: 2025-12-04

  • Last Updated:

  • Address: 2678 149th St W, Rosemount, MN 55068

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