|
Sportland Corners
|
24052 Smiley Road
Nisswa, MN 56468
|
|
| Sale Type: |
Inv. or Owner/User |
| Description: |
Exceptional, multi-tenant retail center along Hwy 371 |
| Occupancy: |
Multi Tenant |
| Zoning: |
Highway Business District |
| Year Built: |
1990 |
| Building Size: |
5,890 SF |
| Lot Size: |
79,279 SF |
|
Demographics |
|
10 miles |
20 miles |
30 miles |
| Population: |
18,564 | 66,817 | 94,388 |
| Daytime Workforce: | 3,812 |
16,189 | 22,596 |
| Avg Household Inc: |
$67,502 | $58,922 | $57,017 |
| Mdn Household Inc: |
$53,582 | $47,558 | $45,766 |
* Source: ESRI & Business Analysts Online
|
|
Traffic Counts |
| State Highway 371: |
19,800 cars per day |
| * Source: Minnesota Department of Transportation Study Averages / Total Cars Per Day |
|
Pricing Information |
| Listed Price: |
$1,200,000.00 |
| Price SqFt: |
$203.74
|
|
Property Tax & CAM Information |
| Annual Taxes: |
$23,744 |
| Taxes SqFt: |
$4.03 |
| Taxing Authority: |
Crow Wing County |
|
Investment Information |
| Current NOI: |
$6,250 |
|
Highlights & Comments: |
Property Notes:
- Sale includes: Land, Building & FF&E
- New well installed in 2007
- Roof still under warranty through 2010
Lease Terms:
- Tenant runs popular successful restaurant
- Pays base rent equal to $6,250 per month
- Pays their own utilities
- Pays 1/2 of the property taxes
|
|
 |
Photo of
Current site plan.
Tools & Documents:
Map
Heavily traveled, highly visible trade area at Hwy 371 and County Rd 77.
|
E-Mail Listing
Print Listing
