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