For Sale
$1,235,000
529 Woodley St Northfield, MN 55057
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- Triple-net lease with tenant responsible for all operating expenses, providing a stable income stream.
- Guaranteed buyback option at a pre-determined price after three years.
- Seller holds an option to repurchase the property at any time during the three-year lease term.
- 10% capitalization rate.
- Annual base rent of $123,500 provides consistent income.
- Triple-net lease minimizes landlord expenses.
Property Details for 529 Woodley St
- Property type
- Office properties, Medical offices
- Square Feet
- 5,256 SF
- Class
- B
- Year Built
- 1971
- Buildings
- 1
- Lot Size (sq. ft)
- 16,553 SF
Location Insight
- City
- Northfield
- County
- Rice
- State
- Minnesota
- Latitude
- 44.449183
- Longitude
- -93.1689363
529 Woodley St, Northfield, Minnesota
Nearby Comparable
Nearby Similar for Sale
FAQs
- Where is the office property located?
- The property is located at 529 Woodley St Northfield, MN.
- What is the asking price?
- The asking price for this property is $1,235,000.
- What are key features of this property?
- This property features: Triple-net lease with tenant responsible for all operating expenses, providing a stable income stream.; Guaranteed buyback option at a pre-determined price after three years.; Seller holds an option to repurchase the property at any time during the three-year lease term.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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