Holiday Blaine
Market Price
12880 Central Ave NE, Blaine, MN 55434
7,875 sqft
Building Size
2.88 acres
Lot Area
Details:
Highlights:
- 10-Year Absolute NNN Lease
- Established Operator with significant Gas/Convenience store experience
- Well maintained storefront
- Car Wash and vehicle detailing station
- Excellent Ingress & Egress
Description:
Holiday Blaine is an opportunity to acquire the fee simple interest in the real estate and improvements; subject to an Absolute Net-Lease to an established and highly reputable gas/convenience store operator for a term of 10+ years, expiring December 31, 2035. The terms of the lease require the tenant to cover the cost of all real estate taxes, insurance, property repair and maintenance, and the total replacement cost of all building and structural elements, parking lot, gas tanks, and other equipment. The lease structure is advantageous for an investor seeking long-term, predicable income. An investor may also benefit from other tax advantages, including 100% Bonus Deprecation.
Located on the west side of Central Avenue (Highway 65) and 129th Street in Blaine, MN. Surrounded by affluent residential housing and commercial development.
The N 450 Ft Of The E 402 Ft Of The Sw1/4 Sec 5-31-23 Ex Rds Subj To Ease Of Rec
Documents:
| Title | ||
|---|---|---|
| Holiday Blaine v4 Smaller File Size_6-8-22.pdf |
Location
