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NTB & Enterprise – Arden Hills

$ 2,560,000
3757 Lexington Ave N,
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  • Three-tenant, low-maintenance ± 9,900 SF strip center
  • Offered at an attractive 7.0% Cap rate for $2,560,000
  • Wealthy demographic – average incomes within a 1-mile radius are over $100,000
  • New 10 year NNN lease recently executed with National Tire and Battery
  • New 10 year NNN lease extension recently executed with Midwest Detailing
  • New 3 year NNN extension recently executed by Enterprise Rent-a-Car
  • All tenants reimburse for taxes, insurance and CAM inclusive of a $6,000 management fee

Represented & Marketed along with Matthews Real Estate Investment Services: http://www.matthews.com/properties/stnl-ntb-strip-center-arden-hills-mn/ 

 

Documents
Address: 3757 Lexington Ave N
State/County:
Zip: 55126
Country: United States
Property Id : 6356
Price: $ 2,560,000
Property Size: 9,900 ft2
Property Type: Retail Strip Center
Tenancy Description: National Tire & Battery, Enterprise Rent-A-Car, & Midwest Detailing

RE/MAX Results Commercial Group

Mark Hulsey - Managing Broker
651-256-7404
info@resultscommercial.com

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