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1611 Halbur Rd

8,750 SF Industrial Building Marshall, MN 56258 $750,000 ($86/SF) 8.23% Cap Rate

Warehouses Minnesota Marshall 1611 Halbur Rd, Marshall, MN 56258

Investment Highlights

  • Tenant has been successfully operating since 1992.
  • Surrounded by many national and regional complementary operators.
  • 10 Grade Level Doors.
  • Located in Marshall, MN Industrial Corridor.
  • Located 2 miles north of Downtown Marshall, MN.
  • 2 Dock high doors.

Executive Summary

NN Lease Landlord Responsible for roof, structure, insurance & first $6K of RE Taxes. Tenant is responsible for utilities, all maintenance, interior of building, snow removal, all CAM, and RE taxes greater than $6K

Attachments

SpeeDee-1611HalburRd-MarshallMN-OM

Property Facts

Price $750,000 Rentable Building Area 8,750 SF
Price Per SF $86 No. Stories 1
Sale Type Investment Year Built 1992
Cap Rate 8.23% Tenancy Single
Property Type Industrial Parking Ratio 2.51/1,000 SF
Property Subtype Warehouse No. Dock-High Doors/Loading 2
Building Class C No. Drive In / Grade-Level Doors 10
Lot Size 2.24 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $750,000
Price Per SF $86
Sale Type Investment
Cap Rate 8.23%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.24 AC
Rentable Building Area 8,750 SF
No. Stories 1
Year Built 1992
Tenancy Single
Parking Ratio 2.51/1,000 SF
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 10
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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PROPERTY TAXES

Parcel Number 27-384009-1 Improvements Assessment $222,400
Land Assessment $83,200 Total Assessment $305,600

PROPERTY TAXES

Parcel Number
27-384009-1
Land Assessment
$83,200
Improvements Assessment
$222,400
Total Assessment
$305,600

zoning

Zoning Code Industrial
Industrial
  • Derek DeLaura
    Derek DeLaura
  • Pat Lutterman
    Pat Lutterman
(248) 848-4109

  • Listing ID: 32888452

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 1611 Halbur Rd, Marshall, MN 56258

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1611 Halbur Rd
(248) 848-4109 x

1611 Halbur Rd

1/2

Derek DeLaura

(248) 848-4109

(248) 848-4109

Pat Lutterman

(507) 530-2368

(507) 530-2368

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