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Big O Tires / TBC Corporation (Dark) 1305 Crystal Ln

4,809 SF Retail Building Chaska, MN 55318 £1,400,616 (£291/SF) 7.43% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Redevelopment opportunity with Lease buy out potential.
  • The Corporate Big O Tires has closed this location with 5+ years remaining. Lease is guaranteed by TBC Corporation with over 2,000 locations
  • 4,800 square feet on 0.67 acres.
  • Low Asking Price of $1,765,000 @ 7.43% Cap Rate.
  • The Hazeltine National Golf Club is located about 4 miles away from the property which is considered the Best Private Golf Club in Minnesota.
  • Nearby retailers include Speedway, Valvoline, Caliber Collision, McDonald’s, Holiday, Caribou Coffee, O’Reilly, Napa, etc.

ATTACHMENTS

CoStar MP

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,809 SF
Building Class
B
Year Built
1998
Price
£1,400,616
Price Per SF
£291
Net Initial Yield
7.43%
NOI
£104,074
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
0.67 AC
Frontage
135 ft on Audubon Rd

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Big O Tires
  • -
  • 4,809 SF
  • -
  • NNN
  • Sep 2030
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Big O Tires - 4,809 SF - NNN Sep 2030
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NEARBY MAJOR RETAILERS

Snap Fitness 24/7
Caribou Coffee
StorageMart

PROPERTY TAXES

Parcel Number 30.1370050 Improvements Assessment £338,052
Land Assessment £290,043 Total Assessment £628,095

PROPERTY TAXES

Parcel Number
30.1370050
Land Assessment
£290,043
Improvements Assessment
£338,052
Total Assessment
£628,095
(612) 332-6600

CONTACTS

  • Listing ID: 31584570

  • Date on Market: 23/04/2024

  • Last Updated:

  • Address: 1305 Crystal Ln, Chaska, MN 55318

The Retail Property at 1305 Crystal Ln, Chaska, MN 55318 is currently available for sale. Contact Upland Real Estate Group, Inc. for more information.

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Big O Tires / TBC Corporation (Dark) | 1305 Crystal Ln
(612) 332-6600 x

Big O Tires / TBC Corporation (Dark) | 1305 Crystal Ln

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Keith Sturm

(612) 332-6600

(612) 332-6600

Deborah Vannelli

(612) 376-4475

(612) 376-4475

Amanda Leathers

(612) 436-0045

(612) 436-0045

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