BP | Braham, MN
$3,085,714
209 Main Avenue North, Braham, MN 55006
7
Cap Rate
216,000
NOI
Details:
Description:
Solid Tenant -
Long-term tenant with 14+ years remaining and annual rent bumps. This BP ranks in the 85th percentile nationwide and 94th in MN with limited local competition.
Strategic Location -
Positioned to capture traffic along Main Ave / MN-107, the main thoroughfare with traffic counts over 5.1K+ per day. The property is easily accessible with a large lot, ample parking, and signage.
Strong Market Fundamentals -
Retail submarket vacancy is at just 1.6% with no current construction, supporting long-term stability.
Essential Service Retail -
Gas stations remain recession-resistant assets and a critical part of the retail landscape, bolstering long-term viability. This c-store is the only gas station in Braham, which also has limited shopping options for essential items.
Great MN Market -
Located about 50 miles north of the Twin Cities, Braham combines rural living with modern amenities. The area within a ten-mile radius of the property has a population exceeding 14,000, with an average household income of over $90,000.
NA
Documents:
| Title | ||
|---|---|---|
| BP___Braham__MN_OM.pdf |
Location
Gallery
