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209 Nokomis St
Alexandria, MN 56308
Alexandria Former BK · Retail Property For Rent · 5,518 SF
Highlights
- Large pylon signage available
- Potential for redevelopment of building &/or the entire site
- Nearby tenants include Elden’s Fresh Foods, Tiremaxx Service Center, Wells Fargo Bank, Northwoods Cafe, Caribou Coffee, Goodwill, Holiday, & more.
- Located on a signalized corner with very strong traffic counts of 18,000 VPD
- Potential drive-thru
- Nearby dense housing neighborhoods
PROPERTY FACTS
| Total Space Available | 5,518 SF | Property Subtype | Convenience Store |
| Min. Divisible | 2,300 SF | Gross Internal Area | 5,518 SF |
| Property Type | Retail | Year Built | 1999 |
| Total Space Available | 5,518 SF |
| Min. Divisible | 2,300 SF |
| Property Type | Retail |
| Property Subtype | Convenience Store |
| Gross Internal Area | 5,518 SF |
| Year Built | 1999 |
About the Property
Property portfolio consists of potentially up to 2 buildings and land. There is 209 Nokomis a 5,518 SF retail building formerly occupied by BK and C-Store. There is also a 9,000 SF retail building currently occupied by TireMaxx. Adjacent to the two retail buildings on the hard corner there is about 1/2 acre of land that could be available for a ground lease or maybe a sale. The entire portfolio consists of 3.76 acres of land. There is redevelopment potential for the Former BK & C-Store (Northside Plaza) on its own or the entire 3.76 acre site. There is a potential for a sale leaseback with existing tenant TireMaxx if the entire site was to be sold / redeveloped. A sale leaseback with the Tiremaxx is not required for the portfolio to trade, and in that case the TireMaxx tenant could vacate or stay. In other words, there are several parcels available, including buildings that could remain or be razed. It could very well be a redevelopment site or an opportunity whereby some straightforward building leasing could occur.
