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NNN Office Building | RE/MAX Results of Andover

$5,465,574

2677 Bunker Lake Boulevard Northwest, Andover, MN 55304

Active
Last Updated: 03/25/2025

6.35

Cap Rate

347,072

NOI

Details:
Cap Rate:    6.35%
NOI:    $347,072
Building Size:    13,600 sqft
Lot Area:    0.98 acres
Class:    A
Year Built:    2016
Floors:    2
Parking Spots:    48
Highlights:
  • Over 15,000 VPD on Bunker Lake Boulevard
  • Anoka County is Ranked the 10th Fastest Growing County in MN Since 2010
  • Newer Construction - Built in 2016
  • Class A Office Building
  • Re/Max Results is the Largest/Most Productive Re/Max Franchise in the United States
  • Over 6 Years of Primary Lease Term Remain With 2 5-Year options to Extend, Gives investors a Stable Income Stream Long Into the Future
Description:

Inventure Real Estate is pleased to present investors with the opportunity to purchase the Re/Max Results office building, located in Andover Minnesota. This building is the ideal Class A, single tenant, and state of the art office building asset. With frontage on Bunker Lake Boulevard, this property boasts over 15,000 vehicles per day. In addition, the thriving community of Andover is located in Anoka county, which is ranked in the top 10 fastest growing counties in Minnesota since 2010, great for the residential real estate business.

Re/Max Results has 49 offices within Minnesota and Western Wisconsin that includes the Twin Cities, Rochester, Duluth, and St. Cloud. Re/Max Results has approximately 1,200 Sales Executives and is the largest/most productive Re/Max franchise within the United States.

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