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7500 Highway 55 3,899 SF 100% Leased Retail Building Greenfield, MN 55373 $1,490,369 CAD ($382.24 CAD/SF) 6.50% Cap Rate
Investment Highlights
- 100% leased multi-tenant retail asset with national tenants
- Subway exercised 5-year option with 3% annual increases
- Dual income stream diversifies risk across two service-oriented users
- Attractive price point for investors seeking near-term yield with upside
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,899 SF
Building Class
B
Year Built
2005
Price
$1,490,369 CAD
Price Per SF
$382.24 CAD
Cap Rate
6.50%
NOI
$96,862 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.74 AC
Parking
20 Spaces (5.13 Spaces per 1,000 SF Leased)
Frontage
153’ on Highway 55
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Lake Sarah Dental Pllc
- Health Care and Social Assistance
- -
- -
- Triple Net
- Oct 2017
-
- Accommodation and Food Services
- -
- -
- -
- -
Des sandwichs personnalisables et distinctifs aux enveloppements et aux salades, Subway est tout simplement le meilleur choix lorsqu'il s'agit de plats fraîchement préparés, pratiques et abordables. Subway est l'une des plus grandes marques de restaurants au monde pour une raison, offrant chaque jour un menu agréable avec des options meilleures pour vous à des millions de fans.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Lake Sarah Dental Pllc | Health Care and Social Assistance | - | - | Triple Net | Oct 2017 | |
|
|
Accommodation and Food Services | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- Ground
- 1,940 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| Ground | 1,940 SF | Retail | - | Now |
Ground
| Size |
| 1,940 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 28-119-24-43-0005 | Improvements Assessment | $858,223 CAD |
| Land Assessment | $318,373 CAD | Total Assessment | $1,176,596 CAD |
Property Taxes
Parcel Number
28-119-24-43-0005
Land Assessment
$318,373 CAD
Improvements Assessment
$858,223 CAD
Total Assessment
$1,176,596 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
7500 Highway 55
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