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Key Details
Sold Price $1,428,025
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Credit Union Add
MLS Listing ID 6698101
Year Built 1997
Annual Tax Amount $10,526
Tax Year 2024
Lot Size 0.920 Acres
Property Description
Zero Landlord responsibilities on this true triple net (NNN) investment property. Tenant has been in the property since 2020. There are approximately 10 years left of the original 15 year base term. A great recession resistant investment in the early education sector. Tenant is a 6-unit operator. Roof replaced in 2020.
Location
State MN
County Isanti
Zoning Business/Commercial
Interior
Heating Forced Air
Exterior
Parking Features Open
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Building
Foundation 5214
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Vinyl Siding
Schools
School District Cambridge-Isanti
Read Less Info
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