For Sale: Isanti MLS# 6698101
Active
$1,474,090
Commercial: Other
Built 1997
0.92 acres
Cambridge-Isanti schools
MLS# 6698101
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Property Description
Zero Landlord responsibilities on this true triple net (NNN) investment property. Tenant has been in the property since 2020. There are approximately 10 years left of the original 15 year base term. A great recession resistant investment in the early education sector. Tenant is a 6-unit operator. Roof replaced in 2020.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,474,090
Property Type:
Commercial
City:
Isanti
Garage Spaces:
0
County:
Isanti
Year Built:
1997
State:
MN
Property Style:
Other
Zip Code:
55040
Subdivision Name:
Credit Union Add
Exterior
Garage Spaces:
0
Other Parking Spaces:
21
Foundation Size:
5,214 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Open
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.92
Geolocation:
45.4929803077, -93.2421321553
Inclusions:
Building, Land, Leases
Lot Dimensions:
2 x 2 x 2 x 2
Zoning:
Business/Commercial
Schools
School District:
911
District Phone:
763-689-6188
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$10,526
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$10,526
Income
Annual Gross Income:
$114,242
Rent
Annual Net Income:
$114,242
Units
Total Units:
1
Miscellaneous
Current Use:
Commercial
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Entheos Commercial Realty, LLC.
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.