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Big O Tires / TBC Corporation (Dark) 1305 Crystal Ln

4,809 SF Retail Building Chaska, MN 55318 $1,766,341 ($367/SF) 6.75% Cap Rate

Investment Highlights

  • Redevelopment opportunity with Lease buy out potential.
  • The Corporate Big O Tires has closed this location with 5 years, 10 months remaining. Lease is guaranteed by TBC Corporation with over 2,000 locations
  • 4,800 square feet on 0.67 acres.
  • Low Asking Price of $1,766,341 @ 6.75% Cap Rate.
  • The Hazeltine National Golf Club is located about 4 miles away from the property which is considered the Best Private Golf Club in Minnesota.
  • Nearby retailers include Speedway, Valvoline, Caliber Collision, McDonald’s, Holiday, Caribou Coffee, O’Reilly, Napa, etc.

Attachments

CoStar MP

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,809 SF
Building Class
B
Year Built
1998
Price
$1,766,341
Price Per SF
$367
Cap Rate
6.75%
NOI
$119,228
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.67 AC
Frontage
135 FT on Audubon Rd

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Big O Tires
  • -
  • 4,809 SF
  • -
  • Triple Net
  • Sep 2030
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Big O Tires - 4,809 SF - Triple Net Sep 2030

Nearby Major Retailers

Caribou Coffee
Snap Fitness 24/7
StorageMart

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30.1370050
Land Assessment
$365,500
Improvements Assessment
$426,000
Total Assessment
$791,500
  • Listing ID: 31584570

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 1305 Crystal Ln, Chaska, MN 55318

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