831 1st St | Nashwauk, MN 55769
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
831 1st St
Nashwauk, MN 55769
10-Year NNN Fast Food - No Reserve Auction · Retail Property For Sale
Investment Highlights
- First bid meets reserve - starting bid at $150,000 - 24% cap rate
- Zero landlord responsibilities
- Personal guarantee from the operator
- Absolute NNN Lease - new 10-year lease - $36k NOI
- Low rent and purchase price - easily replaced at equal or greater rents
- Duluth Minnesota MSA
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,598 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.79 AC
Zoning
M - Manufacturing
Parking
30 Spaces (11.55 Spaces per 1,000 SF Leased)
Frontage
318 FT on 1st Street
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 95-032-3303 | Improvements Assessment | $110,800 |
| Land Assessment | $11,500 | Total Assessment | $122,300 |
PROPERTY TAXES
Parcel Number
95-032-3303
Land Assessment
$11,500
Improvements Assessment
$110,800
Total Assessment
$122,300
Learn More About Investing in Retail Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
