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Big O Tires 828 Main St

7,300 SF Retail Building Red Wing, MN 55066 £483,021 (£66/SF)

Investment Highlights

  • Single tenant absolute NNN lease in the short term offsetting holding costs while establishing your business here
  • Excellent corner location on Red Wings main thoroughfare
  • The property is zoned B-2 General Business District
  • Visible up to approx. 23.6K VPD

Executive Summary

Cushman & Wakefield is pleased to present an absolute NNN leased, Big O Tires investment opportunity located in Red Wing, Minnesota.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,300 SF
Building Class
B
Year Built
1948
Price
£483,021
Price Per SF
£66
Tenancy
Single
Number of Floors
1
Building FAR
0.84
Land Acres
0.20 AC
Zoning
B-2 - General Business District

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 7,300 SF
  • -
  • Triple Net
  • Jun 2025

The Big O Tires story begins back in 1962. The market for replacement tires was exploding, and independent tire dealers found themselves struggling to compete with major tire manufacturers' own company stores. Luckily, Big O's founding fathers, a handful of progressive independent tire dealers with a common belief that service matters, came together to form a tire-buying cooperative. In the following years, Big O Tires evolved into a full-fledged franchise as it continued to find innovative ways to benefit independent dealerships and their customers. And thus, The Team You Trust® was born. Then in 1996, Big O Tires joined forces with TBC Corporation, one of North America’s largest marketers of automotive replacement tires. Now, with hundreds of locations in numerous states, they provide service that can be trusted for more people than ever before.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 7,300 SF - Triple Net Jun 2025

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 7,300 SF
  • Retail
  • Outparcel
  • Now
Space Size Space Use Position Available
1st Floor 7,300 SF Retail Outparcel Now

1st Floor

Size
7,300 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 7,300 SF
Space Use Retail
Position Outparcel
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55.005.4610
Land Assessment
£73,693
Improvements Assessment
£302,581
Total Assessment
£376,274
  • Listing ID: 31391340

  • Date on Market: 02/04/2024

  • Last Updated:

  • Address: 828 Main St, Red Wing, MN 55066

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