For Sale: Sauk Centre MLS# 6479661
Active
$890,000
Commercial: Other
Built 1983
1.04 acres
Sauk Centre schools
MLS# 6479661
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Property Description
Great Opportunity for an Investor.
This property is in a Corporate Lease with Hardeeâ??s Restaurants LLC (CKE Restaurant Holdings, Inc.) as the Leasee under the lease, providing for a strong lease guarantor. Absolute NNN Lease â?? The tenant is responsible for all expenses, therefore no landlord responsibilities and giving the investor a passive income. Fantastic location just off I-94 located on Hwy 71 & 28.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$890,000
Property Type:
Commercial
City:
Sauk Centre
Garage Spaces:
0
County:
Stearns
Year Built:
1983
State:
MN
Property Style:
Other
Zip Code:
56378
Subdivision Name:
Aud Sub
Exterior
Garage Spaces:
0
Other Parking Spaces:
20
Foundation Size:
3,684 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Heating System:
Forced Air
Parking Features:
Parking Lot
Exterior Material:
Brick/Stone
Lot & Land
Acres:
1.04
Geolocation:
45.724926, -94.952349
Inclusions:
Building, Land, Leases
Lot Dimensions:
1 Acre
Zoning:
Business/Commercial
Schools
School District:
743
District Phone:
320-352-2284
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities, Electricity, Insurance, Grounds Care, Repairs, Sewer, Taxes, Water
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$16,330
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$16,330
Income
Annual Gross Income:
$62,400
Rent
Annual Net Income:
$62,400
Units
Total Units:
1
Miscellaneous
Current Use:
- Commercial
- Restaurant
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Charlie Walker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.