4460 Fountain Hills DrPrior Lake, MN 55372
MN Convenience Stores, Strong NOI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 119
Highlights
- Triple-net (NNN) leased portfolio of three Holiday Stationstores in Minnesota, totaling 22,700 square feet on 2.14 acres.
- Investment-grade credit tenant with strong corporate guarantee (Alimentation Couche-Tard/Circle K).
- Current lease expires September 30, 2027, with two 5-year renewal options, each including a 13% rent increase.
- $15,250,000 asking price with a 7.07% cap rate and $1,078,290 annual net operating income (NOI).
- Performance-based rent provides potential upside.
Property Details for 4460 Fountain Hills Dr
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 22,700 SF
- Lot Size (sq. ft)
- 93,218 SF
Location Insight
- City
- Prior Lake
- County
- Scott
- State
- Minnesota
- Latitude
- 44.745974216767
- Longitude
- -93.429847558412
Nearby Similar for Sale
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