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406 N 5th Ave E 9,206 SF Retail Building Truman, MN 56088 $1,666,029 CAD ($180.97 CAD/SF) 7.15% Cap Rate
Investment Highlights
- Absolute NNN Lease Through December 2034 – Zero Landlord Responsibilities
- Corporate Guarantee – Over 20,000 locations
- Built-To-Suit in 2019
- Only Dollar Store in Truman and 17 Miles from Next Dollar General
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,206 SF
Building Class
B
Year Built
2019
Price
$1,666,029 CAD
Price Per SF
$180.97 CAD
Cap Rate
7.15%
NOI
$119,102 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.02 AC
Zoning
Commercial
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 410400570 | Improvements Assessment | $969,549 CAD |
| Land Assessment | $44,662 CAD | Total Assessment | $1,014,211 CAD |
Property Taxes
Parcel Number
410400570
Land Assessment
$44,662 CAD
Improvements Assessment
$969,549 CAD
Total Assessment
$1,014,211 CAD
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406 N 5th Ave E
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