310 Highway St W | Dodge Center, MN 55927
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- LoopNet Team
310 Highway St W
Dodge Center, MN 55927
NAPA AUTO PARTS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Upgraded Infrastructure: This location was fully renovated into a Napa store in 2018/2019 with a new roof, HVAC, plumbing, and electrical systems
- Attractive Annual Increases: The subject property features a 9 year lease which includes rare 1.5% annual increases.
- Close Proximity to Distribution Center: The subject property is located ±25 miles from the Owatonna, MN Distribution hub, ensuring inventory stock
- Below Replacement costs: Napa pays nearly 40% below market rent and is well below replacement costs for a new location
- Strong Demographics – Dodge Center offers a high average household income of over $104,400 within a 10-mile radius accounting for over 19,037 resident
- Limited Competition: Napa is the only corporately guaranteed auto parts retailer in Dodge Center, allowing the store to control the market.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Shopfront
Property Size
3,376 sq ft
Costar Property Class
C
Year Built/Renovated
1988/2019
Tenancy
Single
Number of Floors
1
Plot ratio
0.07
Total Plot Size
1.09 ac
Use Class
C
Parking
37 Spaces (2.97 Spaces per 1,000 sq ft Leased)
Frontage
99 ft on Highway St W
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 22.126.0020 | Improvements Assessment | £94,878 |
| Land Assessment | £33,719 | Total Assessment | £128,598 |
PROPERTY TAXES
Parcel Number
22.126.0020
Land Assessment
£33,719
Improvements Assessment
£94,878
Total Assessment
£128,598
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