Big O Tires ( Dark)

$1,765,000

1305 Crystal Lane, Chaska, MN 55318

For Sale

Retail Other

Active

Last Updated: 03/24/2025

Details:

Cap Rate: 7.43%

NOI: $131,150

Building Size: 4,809 sqft

Lot Area: 0.67 acres

Lease Type: Triple Net

Year Built: 1998

Highlights:

Redevelopment opportunity with Lease buy out potential.
Low Asking Price of $1,765,000 @ 7.43% Cap Rate.
The Corporate Big O Tires has closed this location with 5 1/2 years remaining on the lease term. Lease is guaranteed by TBC Corporation with over 2,000 locations.
The Hazeltine National Golf Club is located about 4 miles away from the property which is considered the Best Private Golf Club in Minnesota and has hosted multiple major golf championships. Hazeltine is the future site of the 2024 U.S. Amateur Championship, 2026 KPMG Women’s PGA Championship, and the 2029 Ryder Cup. Hazeltine is the only club in the country selected to host the Ryder Cup for a second time.
4,800 square feet on 0.67 acres.
Excellent 5-mile average household income of $146,801 and 5-mile population of 96,917.
Chaska is located in a county seat and ranked one of the Best Places to Live in Minnesota in 2024 according to Niche.

Description:

This Big O Tires is located along Crystal Lane and near Highway 212 where traffic counts average 39,500 vehicles per day. Nearby retailers include Caribou Coffee, Snap Fitness, United Sugars, Home Depot, Target, Kohl’s, and much more. Chaska is in a county seat and ranked one of the Best Places to Live in Minnesota according to Niche.