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SiteOne Landscape Supply

$3,850,000

8400 60th Street North, Stillwater, MN 55082

Active
Last Updated: 02/13/2025

6.91

Cap Rate

266,090

NOI

Details:
Cap Rate:    6.91%
NOI:    $266,090
Building Size:    10,236 sqft
Lot Area:    30.67 acres
Occupancy:    100%
Lease Type:    Double Net
Year Built:    1960
Tenancy:    Single
Highlights:
  • SiteOne Landscape Supply has 5 1/2 years remaining on a NN lease with 3% annual increases.
  • This location has operated as a landscape supply & nursery store since 1974.
  • Traffic counts on Highway 36 is 38,500 vehicles per day. Nearby tenants include Fleet Farm, Target, Walmart, Menards, and more.
  • Population of 96,695 within a 5-mile radius and average household income of $133,830.
  • New shingled roof installed in 2020 with warranty.
  • SiteOne Landscape Supply is the largest and only national wholesale distributor of landscaping products in the United States and Canada. SiteOne operates over 690 stores across 45 states and 6 Canadian provinces.
  • Located in the Minneapolis/St. Paul metropolitan area, Stillwater is situated along the St. Croix River and is considered the historic birthplace of Minnesota.
Description:

This SiteOne Landscape Supply is located in Stillwater, MN, a county seat of Washington County. Located in the Minneapolis/St. Paul metropolitan area, Stillwater is situated along the St. Croix River and is considered the historic birthplace of Minnesota. The average traffic count on Highway 36 is 38,500 vehicles per day, while Interstate 649 averages 72,000 vehicles per day. Other major retailers in the area include Fleet Farm, Marcus Oakdale Cinema, Walmart, Target, Lowe’s, Menards, and more.

Map:
Documents:
Title
SiteOne_-_Stillwater__MN_MP.pdf
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