$1,400,000

324 Lowell Avenue NW, Elk River, MN 55330, US

Summary

Year Built: 2022

Moving Quotes

primary photo for 324 Lowell Avenue NW, Elk River, MN 55330, US

Remarks

6.79% Cap Rate. 2022 built Caribou Cabin with prime Hwy 10 frontage. Triple net lease with 8.5 years remaining of the initial 10-year term. 10% rent increase after year 5. Three additional 5-year options with 10% rent increases after the initial 10-year term.

Details

MLS#: 6431730
Price: $1,400,000

Year Built: 2022

County: Sherburne
Subdivision: Village Elk River
Tax Fee: 4444.00

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Broker Contact


Acuity Group
Dedicated, Determined and Dependable
564 Dodge Ave. Ste. A
Elk River, MN, 55330
US
Dustin Heggem
! 763-633-3535
! sales@acgproperty.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Regional Multiple Listing Service of Minnesota [NorthStarMLS]
Last updated: 2024-09-24T11:02:06.000-05:00.
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