16001 Elmhurst Ln | Apple Valley, MN 55124
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This Retail Property is no longer advertised on LoopNet.com.
16001 Elmhurst Ln
Apple Valley, MN 55124
Lakeville PetSmart · Retail Property For Sale
PROPERTY FACTS
Property Type
- Retail
- General Retail Freestanding
Building Size
18,007 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.86 AC
Parking
95 Spaces
Frontage
198 FT on Elmhurst Lane
About 16001 Elmhurst Ln , Apple Valley, MN 55124
This is an excellent opportunity to purchase an investment property for $4,700,000 at 6.50% cap rate, with 9 years remaining on a 10 year lease. This lease includes $1.00 psf rent increases every 5 years and in each of the four 5-year renewal options. Petsmart opened for business in March 2017.
PROPERTY TAXES
Parcel Number | 22-71355-01-010 | Improvements Assessment | $1,476,500 |
Land Assessment | $1,462,000 | Total Assessment | $2,938,500 |
PROPERTY TAXES
Parcel Number
22-71355-01-010
Land Assessment
$1,462,000
Improvements Assessment
$1,476,500
Total Assessment
$2,938,500
Learn More About Investing in Retail Properties
Listing ID: 11735753
Date on Market: 2/26/2018
Last Updated:
Address: 16001 Elmhurst Ln, Apple Valley, MN 55124
The Retail Property at 16001 Elmhurst Ln, Apple Valley, MN 55124 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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