Listing Courtesy of: Dustin Heggem - DAVIS & LAGERMAN, INC
612-293-1551
$1,400,000
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324 Lowell Avenue NW Elk River, MN 55330
General Commercial
Residence
Beds
Baths
605
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
6.79% Cap Rate. 2022 built Caribou Cabin with prime Hwy 10 frontage. Triple net lease with 8.5 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.
MLS#
6431730
Property Type
General Commercial
Year Built
2022
Square Feet
605
sq. ft
Sewer
City Sewer
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