1893 W Highway 36 W
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1893 W Highway 36 W
5,229 SF Retail Building Roseville, MN 55113 £1,765,899 (£338/SF) 6.75% Net Initial Yield
Executive Summary
Successful restaurant location for decades in the excellent Rosedale retail trade area. 14 year lease.
Recent remodeling of flooring, lighting and decor. Same ownership since 1979. This is a can't miss opportunity in one of the very best locations in all of Minneapolis-St. Paul.
Recent remodeling of flooring, lighting and decor. Same ownership since 1979. This is a can't miss opportunity in one of the very best locations in all of Minneapolis-St. Paul.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,229 SF
Building Class
B
Year Built
1997
Price
£1,765,899
Price Per SF
£338
Net Initial Yield
6.75%
NOI
£119,199
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
1.45 AC
Parking
100 Spaces (19.12 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Route
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 09-29-23-31-0012 | Improvements Assessment | £967,292 |
| Land Assessment | £592,507 | Total Assessment | £1,559,799 |
PROPERTY TAXES
Parcel Number
09-29-23-31-0012
Land Assessment
£592,507
Improvements Assessment
£967,292
Total Assessment
£1,559,799
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1893 W Highway 36 W
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