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Great opportunity for an investor. 7.0+% Cap Rate on this Double Net Leased Property. This large lot at a cul-de-sac is a commercial building that is 100% occupied by the Bridge Autism Clinic who operates during daily normal business hours. They have more than 3 years left on their lease with annual increases. Tenant pays for all operating expenses except Taxes and Insurance. Has had many upgrades within the past few years. Great Unique Investment Opportunity!
- Neighborhood
- Type
- CountyDakota
- Tax Amount$3,582
- StatusActive
- Listing #6432139
- Built1977
- Listed on site370 days
Listed by:
Blackbridge Real Estate
© 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Blackbridge Real Estate. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Last Updated: 09/09/2024 01:03
School Info
- school district197
Property details
Community Features
- No HOA
Property Features
- Gas Utilities
Exterior features
- No Pool
Interior Features
- Central Air Conditioning
Property History
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Jul 30, 2024 | 2 mos ago | Price decreased30,000 (5%) | $569,900 |
| Jan 30, 2024 | 8 mos ago | Price decreased20,000 (3%) | $599,900 |
| Sep 12, 2023 | 1 yr ago | New on market | $619,900 |
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