Eagan Flex for Sale - Burnsville/Eagan/Apple Vy

Walleye Brokerage is pleased to present an exclusive investment opportunity at 2905 Lexington Avenue. Blue Water I consists of 47,837 square feet of rental building area, a fully leased, multi-tenant office building. The property boasts a diverse mix of Caliber Collision, Enterprise Rent-A-Car, and Union Fitness. The property includes 8,388 square feet of office space and 39,449 square feet of warehouse space, with an office ratio of 17.5%. Additionally, the site features 197,748 square feet of fully leased outdoor storage permitted under a conditional use permit. On-site features and amenities include ample natural light, expansive floor-to-ceiling windows, an attractive brick exterior, a dock and drive-in loading, and 130 parking spaces (at a 1.35 ratio). The property is ideally located adjacent to Interstate 35E and 494 in Eagan’s premier business district, with quick access to Downtown Minneapolis and St. Paul, MSP International Airport, the Minnesota Vikings Headquarters, the Mall of America, and so much more. Tenants are just a short drive from Costco, Starbucks, Caribou Coffee, The Home Depot, hotels, and many restaurants. Eagan is south of St. Paul and lies on the south bank of the Minnesota River, upstream from its confluence with the Mississippi River. Eagan and the other nearby suburbs form the southern section of the Minneapolis-St. Paul area. Blue Water I’s 5-mile demographics showcase a growing population with an affluent average household income. The realm is home to approximately 139,104 residents (expected to grow by 0.52% by 2030) with an average household income surpassing $126,600. Inquire today to learn more about the cash-flowing, prominently located passive investment opportunity at Blue Water I.

Property Subtype:

Light Distribution

Date on Market:

2026-01-06

Osseo Retail for Sale - Northwest

Absolute NNN Lease - The property is secured by an absolute NNN lease with over 5 years of remaining term. Prime Twin Cities Suburban Location - Located in affluent Maple Grove, one of the fastest-growing and most desirable suburbs in the Minneapolis MSA, with an average household income exceeding $176,000 within a 5-mile radius. Rapidly Growing Market - Maple Grove is growing at an annual rate of 0.83%, with the population increasing 5.2% since 2020. Excellent Visibility & Access - Prominent corner location featuring multiple points of ingress/egress, strong frontage along County Road 30 with 15,500+ VPD, and convenient access just off Interstate 94. Drive-Thru Pharmacy - Features a convenient drive-thru, enhancing customer accessibility and operational efficiency. Retail Dense Corridor - Adjacent to numerous national and regional retailers, restaurants, and service providers that help drive consumer traffic. Strong Market Fundamentals - The Maple Grove retail submarket has a vacancy rate of 1.8%, with little currently under construction. Demand for the submarket remains high, and rent growth outpaces the Minneapolis market and the national average.

Property Subtype:

Drug Store

Date on Market:

2026-05-07

Hastings Flex for Sale - Washington Cnty Outlying

Complementary Dual-Tenant Use – Two tenants with aligned uses that efficiently utilize the space and operate cohesively, complementing each other's business. Growing Industry – U.S. pet daycare market valued at $1.7B in 2024 and projected to reach $3.9B by 2034 (8.6% CAGR). Long-Term NNN Lease – Both tenants have 8+ years remaining on their leases with 2% annual rent increases and minimal landlord responsibilities. Market-Leading Tenants with Proven Stability – Barks & Rec is the only full-service dog daycare and boarding business in the immediate area, featuring the most indoor and outdoor space for dogs to play in the South Metro, and the brand also operates two additional Twin Cities locations. Rio Grooming School & Salon is known nationally for the size and quality of its grooming school, as well as providing top-of-market grooming services directly to the public. The facility has operated as a dog-centric asset to the community for over 12 years, providing long-term stability. Strategic Location & Access – Located in the growing suburb of Hastings with direct access to Highway 10, offering convenient connectivity to the Twin Cities metro and exposure to over 34,000 VPD. Functional Flex Building with Recent Renovations – ±13,580 SF building with adaptable layout and 6 large dock doors. Additionally, both tenants have made significant financial improvements to their space, specifically Barks & Rec who made over $300k in improvements in 2024. Strong & Growing Demographics – The property is supported by a growing population with approximately 36,757 people within a 5-mile radius and an average household income of $118,619. E-Commerce Resistant Tenancy – Dog daycare and boarding facility complemented by an on-site grooming school and salon, collectively driving consistent, recurring in-person demand.

Property Subtype:

Showroom

Date on Market:

2026-04-21

Brooklyn Park Retail for Sale - Northwest

Completed in 2021, this Raising Cane’s is situated on a prominent 1.85- acre parcel in Brooklyn Park, Minnesota and features a 3,384 SF modern prototype designed for high-volume efficiency, including a dual-lane drive thru configuration that maximizes throughput and operational performance. The property is secured by a 15-year absolute NNN corporate-guaranteed ground lease with Raising Cane’s Restaurants, LLC, commencing September 2, 2021 and extending through September 30, 2036, with more than 10 years of remaining lease term. The lease structure provides zero landlord responsibilities and includes 10% rent escalations every five years, delivering durable, inflation protected income backed by one of the fastest-growing quick-service restaurant brands in the United States. » CORPORATE-BACKED LONG-TERM LEASE Leased to Raising Cane’s Restaurants, LLC under a 15-year absolute NNN ground lease, providing predictable long-term income supported by a nationally recognized, high-growth quick-service restaurant operator with strong brand loyalty and industry-leading unit volumes. » ABSOLUTE NNN GROUND LEASE Zero landlord responsibilities for operating expenses, maintenance, roof, structure, or capital expenditures — offering truly passive, management-free ownership. » LOW GROUND RENT / ATTRACTIVE RENT GROWTH The lease features highly favorable, below-market ground rent with contractual 10% increases every five (5) years. » CERTIFIED TRAINING SITE | STRONG SALES | LOW RENT-TO-SALES Elite designation reserved for high-performing Raising Cane’s locations, reflecting strong store sales and operational excellence. A low rent-to-sales ratio further highlights healthy unit economics. Contact broker for details. » HIGH-GROWTH QSR LEADER | STRONG AUVS & DRIVE-THRU PERFORMANCE Raising Cane’s is one of the fastest-growing quick-service restaurant concepts in the country, known for its focused operating model, strong average unit volumes, and best-in-class drive-thru execution. The company continues disciplined national expansion while maintaining strong brand loyalty and sales productivity.

Property Subtype:

Fast Food

Date on Market:

2026-04-15

Portfolio of properties for Sale - Indiana

Thomas Company is pleased to offer for sale a four-property portfolio totaling over 400,000 square feet of large-format retail across four states, comprising three Cabela’s locations and one Bass Pro Shops. All properties are fee simple, providing full ownership of land and improvements. The portfolio features established, high-performing stores in strong regional trade areas aligned with long-term outdoor recreation demand. With approximately 16 years of remaining lease term and absolute triple-net structures, the assets offer zero landlord responsibilities and may be acquired individually or as a portfolio.

Date on Market:

2026-04-13

Winona Retail for Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, drive-thru–equipped Walgreens investment property. The tenant, Walgreen Co., has 10+ years of firm lease term remaining, with ten (10) additional five-year renewal options, providing long-term income durability. The lease features a one-time 14%+ rental increase at the beginning of the first option period, offering a meaningful step-up in NOI and a hedge against inflation. The lease is corporate-signed by Walgreen Co., one of the largest pharmacy operators in the U.S. with over 8,500 locations nationwide, and is structured as absolute NNN with zero landlord responsibilities, making it an ideal management-free investment for a passive investor.

Property Subtype:

Drug Store

Date on Market:

2026-04-13

Rochester Office for Sale - North Rochester

Established Tenant: Charter Communications has occupied the building since 2009 Long-Term Stability: Tenant did not exercise the early termination option prior to 3/1/26, demonstrating commitment to the location Future Upside: Two (2) additional 5-year renewal options with pre-determined rental increases Market Consolidation: Other Charter locations in Rochester have been consolidated into this site, making it the company’s only Rochester location CAP RATE of 6.34% - Seller will credit rent difference back if closing occurs before September 2026 Building Characteristics: 31,920 square feet, with approximately 6,000 square feet dedicated to warehouse space and the remaining 25,920 square feet designed for office use

Date on Market:

2026-04-13

Plymouth Retail for Sale - I-394 Corridor

KW Commercial is pleased to present investors with the opportunity to acquire a 100% leased, three-tenant strip center, located in the heart of Plymouth, Minnesota. The property faces Highway 55 with over 39,000 traffic counts per day, making this a prominent asset in a highly desired suburb! This fully stabilized asset provides great rental income, and the leases are all structured triple net with annual rental escalations which protects investors from creeping inflationary expenditures and expense leakage. Priced at an 8.75% cap rate and well below replacement cost, this is a can’t miss investment opportunity! Investment Highlights -Triple Net Leases & Limited Landlord Responsibilities -New Building Improvements! New rooftop unit on 1/3 of the Building. New tenant buildouts in 2 out of the 3 units over the last two years. -High Visibility! Signage Facing Highway 55 with 35,500 traffic counts per day -Value Add Potential- Gross lease rates are 21% below market. -Additional Value-Add Opportunity-Property includes ±4,580 SF of lower-level space (currently not leased or included in GLA).This space is sprinklered and offers future potential for storage income or low occupancy tenancy. If included, total building size would be 12,160 SF (basis: ~$131/SF). Financial Highlights: Cap Rate: 8.75% Cash-on-Cash: 9.44% 5-Year IRR: 23.54% if sold at 8.75% Cap at end of Yr. 5 (doesn't include possible additional lower level income) Lower-Level Value-Add Potential: If lower level is leased at 50% the rate of the existing units above, it would increase NOI by $41,220/yr. which increases building value by $471,085 at a 8.75% cap rate!

Property Subtype:

Storefront

Date on Market:

2026-03-26

Albertville Retail for Sale - Wright County

KinderCare Learning Center | 15 Year Absolute Net Lease | Leading Provider of Early Childhood Education (ECE) in the U.S. | Brand New 2026 Construction | 10% Increase after 5 Years & 2% Annual Thereafter | Immediate Access to/from I-94 | Proximity to Major Employment Nodes | Within the Highly Regarded St. Michael-Albertville School District | Dense and Growing Residential Corridor | Affluent Area: $129k Avg. HHI Minnesota Broker of Record: Jon Ruzicka | 1601 Utica Avenue South, Suite 301 Minneapolis, MN 55416 | P: (952) 852-9700 | Lic #: 40583288 | Jon.Ruzicka2@MarcusMillichap.com

Date on Market:

2026-03-16

Portfolio of properties for Sale

Long-Term NNN Master Lease - Secured by a NNN master lease with 14+ years of remaining term and 2% annual rent increases. Strategic Highway & Arterial Access - Locations positioned along well-traveled corridors with convenient locations for both local and commuter traffic. All three have dual access as well as great visibility and signage. Stable, Growing Midwest Markets - Located in dependable secondary and tertiary markets experiencing steady population growth. Solid Market Fundamentals - Benefiting from tight vacancy conditions, with approximately 3% vacancy in the markets, supporting long-term stability. Essential Service Retail - Gas stations remain recession-resistant assets and a critical part of the retail landscape, bolstering long-term viability. All three locations have limited competition and provide shopping options for essential items.

Date on Market:

2026-03-16

Braham Retail for Sale - Isanti County

Solid Tenant - Long-term tenant with 14+ years remaining and annual rent bumps. This BP ranks in the 85th percentile nationwide and 94th in MN with limited local competition. Strategic Location - Positioned to capture traffic along Main Ave / MN-107, the main thoroughfare with traffic counts over 5.1K+ per day. The property is easily accessible with a large lot, ample parking, and signage. Strong Market Fundamentals - Retail submarket vacancy is at just 1.6% with no current construction, supporting long-term stability. Essential Service Retail - Gas stations remain recession-resistant assets and a critical part of the retail landscape, bolstering long-term viability. This c-store is the only gas station in Braham, which also has limited shopping options for essential items. Great MN Market - Located about 50 miles north of the Twin Cities, Braham combines rural living with modern amenities. The area within a ten-mile radius of the property has a population exceeding 14,000, with an average household income of over $90,000.

Property Subtype:

Service Station

Date on Market:

2026-03-16

Brainerd Retail for Sale

Positioned along the highly traveled Hwy 371 corridor near Brainerd International Raceway, this commercial investment property offers excellent visibility and easy access in a strong regional trade area. The building is currently occupied by Valley Pools & Spas, providing immediate tenant presence for investors. The property features a large retail showroom with supporting offices and storage areas, along with a warehouse and cold storage—both equipped with overhead doors for efficient operations and service access. With a functional layout, established tenant occupancy, and prime highway exposure, this property presents a compelling opportunity for investors seeking commercial real estate along one of Central Minnesota’s busiest corridors.

Property Subtype:

Freestanding

Date on Market:

2026-03-10

New Ulm Retail for Sale

Jones Lang LaSalle Americas, Inc. ("JLL"), is pleased to exclusively offer for sale the fee-simple interest in Hardee's located at 1710 Westridge Rd, New Ulm, MN 56073. This 2,966 SF quick-service restaurant sits on 1.17 acres and is secured by a long-term absolute NNN lease extending through August 2038. This investment opportunity offers investors a truly passive ownership experience through its absolute NNN lease structure, where Superior Star LLC, a well-established operator with 93+ Hardee's locations across 11 states, handles all operational aspects and property expenses. The lease provides built-in rent escalations every five years, with current annual income of $98,439 and four additional renewal options that could extend the tenancy through 2058. New Ulm represents an attractive market for quick-service restaurants, with Hardee's enjoying prime positioning adjacent to a Walmart Supercenter on Westridge Road, a frontage road to Highway 14. The restaurant benefits from exceptional highway visibility along US Highway 14, the primary east-west thoroughfare traveling through New Ulm, with approximately 5,000 vehicles per day and unobstructed sightlines that maximize exposure and customer accessibility. Walmart serves as one of the strongest daily-needs anchors in the market, driving consistent consumer traffic and cross-shopping opportunities. As a city of approximately 14,000 residents and the county seat of Brown County, New Ulm maintains economic stability through its diversified base of manufacturing, healthcare, agriculture, and tourism sectors. The community's strategic location along the newly-expanded four-lane Highway 14 provides excellent connectivity to broader regional markets. Please refer to the OM for more information on this investment opportunity.

Property Subtype:

Fast Food

Date on Market:

2026-03-03

Mankato Retail for Sale - East Mankato

Long-Term Tenant – Office Depot/OfficeMax has operated at this location for many years. The tenant has approximately two (2) years remaining on the current lease term, followed by four (4) five-year renewal options with scheduled rent increases in each option period and limited landlord responsibilities. Adjacent to Top-Performing Hy-Vee Grocery Anchor – The property is located next door to a high-performing Hy-Vee grocery store, ranked in the 96th percentile nationwide and the top location in Minnesota according to Placer.ai. Dominant Retail Corridor – Strategically positioned within Mankato’s primary retail corridor near the heavily trafficked junction of Highways 14 and 22, the property benefits from exceptional visibility and accessibility. The surrounding trade area includes a strong lineup of national retailers such as Target, Walmart, Sam's Club, Best Buy, and many others. Established Regional Market – Located in Mankato, the property benefits from the city’s role as a regional hub for south-central Minnesota and northern Iowa, serving approximately 1.6 million people within a 60-mile radius. Mankato is home to Minnesota State University, Mankato, the second-largest university in the state by enrollment. Strong Market & Demographics – The Mankato–North Mankato MSA has a population of just over 100,000 residents with steady historical growth. The population within a 10-mile radius exceeds 75,000, with average household incomes above $90,000. Key employment sectors include manufacturing, education, and healthcare. Experienced Industry Ownership – Atlas Holdings — Office Depot’s new private equity owner as of December 2025 — and its affiliates comprise a diversified group of 27 manufacturing and distribution businesses, including many in paper and packaging, bringing sector-specific expertise that aligns with Office Depot’s core product mix.

Date on Market:

2026-01-13

Saint Paul Retail for Sale - St Paul CBD

Walgreens condo ownership. Tenant pays Cam, Tax, Insurance and Reimburses for REA.

Date on Market:

2026-02-25

Saint Cloud Retail for Sale - Stearns County

Property Subtype:

Fast Food

Date on Market:

2026-02-24

Mankato Retail for Sale - City Center Mankato

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased Arby’s investment property located in Mankato, Minnesota. The tenant, Franchise Associates, LLC (dba Arby’s), recently executed an early lease extension, bringing the remaining term to over 10 years with four (4) additional 5-year renewal options, demonstrating their long-term commitment to the site. The lease includes 1% annual rental increases throughout the current term and option periods, driving consistent NOI growth and providing a built-in hedge against inflation. The lease is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for an out-of-state or passive investor.

Property Subtype:

Fast Food

Date on Market:

2026-01-30

Kenyon Industrial for Sale

Kwekel Companies is pleased to offer the sale leaseback of Plymold’s 219,979 square foot industrial building located on a 28 acre site. Plymold will execute a new 15 year absolute NNN lease at closing.

Property Subtype:

Distribution

Date on Market:

2026-01-28

Willmar Retail for Sale

Cushman & Wakefield is pleased to present the opportunity to acquire an absolute NNN-leased investment tenanted by Les Schwab Tire Center, one of the largest independent tire and automotive service retailers in the United States. The property is secured by a corporate-guaranteed ground lease featuring zero landlord responsibilities, 10% rent escalations every five years, and approximately 18 years of remaining primary lease term, providing investors with long-term, predictable cash flow and built-in inflation protection. Founded in 1952, Les Schwab Tire Centers has grown into a nationally recognized automotive services platform, operating 540+ locations across approximately 15 states throughout the Western and Upper Midwest regions. The company generates multi-billion-dollar annual revenue and employs more than 7,000 team members, supported by a service-driven, essential-use business model focused on tires, brakes, alignments, and preventative maintenance. Les Schwab’s continued investment in purpose-built, company-owned facilities underscores its long-term commitment to each operating location and reinforces the strength of the corporate guaranty. The property is located along 1st Street South (U.S. Highway 71), one of Willmar’s primary commercial corridors, benefiting from strong visibility and convenient access to the region’s major transportation routes, including U.S. Highway 12 and Minnesota Highway 23. The site is surrounded by a dense concentration of national and regional retailers, including Walmart Supercenter, Target, Menards, Hy-Vee, Hobby Lobby, Tractor Supply Co., AutoZone, Runnings, Dollar Tree, and Cub Foods, positioning the asset within Willmar’s dominant retail trade area. This offering represents a compelling opportunity to acquire a new-construction, absolute NNN ground lease backed by a proven, essential-use tenant, featuring long-term lease security, strong rent growth, and durable real estate fundamentals in a stable regional hub of west-central Minnesota.

Property Subtype:

Freestanding

Date on Market:

2026-01-20

Albert Lea Retail for Sale

Tenant has operated at this location for 20+ years and recently extended the lease term by 10 years.

Date on Market:

2026-01-12

Minnetonka Retail for Sale - I-394 Corridor

The Kase Group is pleased to present the opportunity to purchase a well-established Walgreens location in Minnetonka, Minnesota. The lease calls for zero landlord obligations with 9+ years remaining and is corporately guaranteed by Walgreens. This Walgreens includes a drive through and is situated on a hard corner with excellent ingress and egress points. The asset is well situated near Target, Planet Fitness, Dairy Queen, Cub Grocery Store and many others.

Property Subtype:

Drug Store

Date on Market:

2025-12-08

Saint Paul Retail for Sale - Suburban St Paul

The 923 Randolph Ave warehouse featured in this listing has the following amenities: Drive-in Door: 3 Total (two 8 Feet and one 12 Feet) Clear Height: 16 Feet in large warehouse HVAC: Heat only in the warehouse/o ce Power: 3-Phase, 800 Amp panel Bathrooms: One Parking: approximately 6 parking stalls (fenced) Proximity to Highways: 1 minute drive to Interstate 35E Roof: 2002/2008

Property Subtype:

Auto Repair

Date on Market:

2025-12-05

Rochester Retail for Sale - East Rochester

Broadway Marketplace presents a rare chance to acquire a multi-tenant NNN retail asset positioned within one of Rochester’s most established and high-performing commercial corridors, Broadway Commons. Located just off the heavily trafficked South Broadway/Highway 63 interchange, the property benefits from exceptional visibility, consistent daily traffic counts, and direct adjacency to major national anchors including Walmart, Kohl’s, Menards, At Home, Total Wine, and Culver’s. This presents a great opportunity for an owner user, or investor, to make this property their own. Contact us for further information.

Property Subtype:

Storefront

Date on Market:

2025-11-24

Rochester Office for Sale - Historic Southwest

This investment offering comprises the 3rd and 4th floor condominium units at the Northwest Gateway Office Tower, located at the primary west entrance to Rochester MN at the intersection of US Highway 14 and West Circle Drive, just minutes from the Mayo Clinic. The opportunity contains long term leases to creditworthy professional tenants, delivering a stable income stream. The property’s high-visibility location in Rochester’s expanding West Circle Drive corridor ensures strong tenant demand and consistent leasing performance. Positioned to benefit from Rochester’s economic growth, driven by the Mayo Clinic’s Bold Forward Unbound project, the property is expected to see increased demand for Class A office space and long-term value appreciation. The Northwest Gateway Office Tower offers prominent signage opportunities and exceptional accessibility, distinguishing it as a unique investment in a market with limited comparable assets. For additional details or to arrange a tour, please contact us.

Date on Market:

2025-10-02