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Burger King 1922 S Broadway St 4,192 sq ft 100% Let Retail Property New Ulm, MN 56073 £822,041 (£196.10/sq ft)



INVESTMENT HIGHLIGHTS
- Features a Spacious Commercial Kitchen and Dining Room.
- Located on the Corner of One of the Busiest Intersections in New Ulm.
- Option of Adding .24 Acres for Expanded Drive Thru Area
EXECUTIVE SUMMARY
This attractive property is located at the intersection of South Broadway and MN Hwy 15 in New Ulm, MN, just minutes from US Hwy 14. The world-renowned Schell's Brewery sits within walking distance and the it has immediate access to New Ulm's popular 13-mile bike loop. Plus, Flandrau State Park and the New Ulm Country Club work as additional nearby recreational assets.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Property Size
4,192 sq ft
Costar Property Class
B
Year Built
2001
Price
£822,041
Price per sq ft
£196.10
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.08
Total Plot Size
1.18 ac
Use Class
C2 - Commercial
Parking
48 Spaces (11.45 Spaces per 1,000 sq ft Leased)
Frontage
210 ft on Broadway St
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00105400102020 | Improvements Assessment | £286,892 |
| Land Assessment | £186,753 | Total Assessment | £473,645 |
PROPERTY TAXES
Parcel Number
00105400102020
Land Assessment
£186,753
Improvements Assessment
£286,892
Total Assessment
£473,645
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Burger King | 1922 S Broadway St
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