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324 Lowell Avenue NW Elk River MN 55330US6431730
324 Lowell Avenue NW Elk RiverMN55330
1450000.0000 1/1/1900 12:00:00 AM
Realty Executives Associates
7455 France Ave S, Ste 186EdinaMN55435
(952) 767-5300
1 /

Courtesy of: Dustin Heggem, Acuity Group, dustin@acgproperty.com

324 Lowell Avenue NW
Elk River MN 55330 US

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1 /

Courtesy of: Dustin Heggem, Acuity Group, dustin@acgproperty.com

Realty Executives Associates
7455 France Ave S, Ste 186
Edina, MN, US 55435
(952) 767-5300

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324 Lowell Avenue NW
Elk River MN 55330 US

$1,450,000

Active Listing ID 6431730
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$1,450,000

Active Listing ID 6431730
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324 Lowell Avenue NW 6.55% Cap Rate. 2022 built Caribou Cabin with prime Hwy 10 frontage. Triple net lease with 9 years remaining of the initial 10-year term. 10% rent increase after year 5. Three additional 5-year options with 10% rent increases after the initial 10-year term.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Brick/Stone, Cement Board, Metal, Wood
  • Roof Type: Metal
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1450000
  • unparsedaddress: 324 Lowell Avenue NW
  • postalcity: Elk River
  • stateorprovince: MN
  • country: US
  • postalcode: 55330
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingareaunits: Square Feet
  • latitude: 45.304468
  • longitude: -93.569648
  • listagentfullname: Dustin Heggem
  • listagentemail: dustin@acgproperty.com
  • listagentkey: 3yd-RMLSMN-496507244
  • listagentmlsid: 496507244
  • listagentpreferredphone: 7636333535
  • listagentofficephone: 7636333535
  • listofficekey: 3yd-RMLSMN-11445
  • listofficemlsid: 11445
  • disclaimer: Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 2022
  • listingcontractdate: 2023-09-12
  • listagenturl: http://www.acgproperty.com
  • countyorparish: Sherburne
  • parcelnumber: 754050190
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • exteriorfeatures: Brick/Stone, Cement Board, Metal, Wood
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -93.569648, 45.304468
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "Taxes":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/6431730/?channel=rexren", "LeadRoutingEmail":"sales@acgproperty.com", "BrokerName":"Acuity Group", "ListingTitle":"Commercial - Elk River, MN", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"sales@acgproperty.com", "ListOfficeAddress1":"564 Dodge Ave. Ste. A", "ListOfficeAddress2":null, "ListOfficeCity":"Elk River", "ListOfficePostalCode":"55330", "ListOfficeStateOrProvince":"MN", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Acuity Group", "ListBrokeragePhone":"763-633-3535", "ListBrokerageEmail":"sales@acgproperty.com", "ListBrokerageWebsiteUrl":"http://www.acgproperty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/75a9f531c42a11e38d2322000a4380f8/20140414232830999.png", "ListBrokerageUnparsedAddress":"564 Dodge Ave", "ListBrokerageUnitNumber":"Suite A", "ListBrokerageCity":"Elk River", "ListBrokerageStateOrProvince":"MN", "ListBrokeragePostalCode":"55330", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-09T15:21:09Z"}
Listing Changed: 4/9/2024 9:18:03 PM GMT
Source Updated Date: 5/2/2024 6:59:26 AM GMT

Courtesy of: Dustin Heggem, Acuity Group, dustin@acgproperty.com

Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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