For Sale
PetSmart | Lakeville, MN
Asking Price: $4,709,000 | Cap Rate: 6.5%
- Net Operating Income: $306,119
- Weighted Avg. Lease Term (WALT): 10 Years
- Lease Type: Net
Property Highlights
- Grand Opening – April 2017; 10 Year Lease with rental bumps every 5 years
- Out lot to new Hy-Vee
- One of the Fastest-Growing Cities within St. Paul/ Minneapolis area. Average HH Income over $120,000
- Located minutes from Airlake Industrial Park – State’s largest contiguous industrial park employing over 5,000