Frito Lay Investment Property

Property Flyer

Property Info:

Location:

Address: 1125 38th Ave NE
Town/Suburb/City: Sauk Rapids
State/County/Province: MN
Postal code/ZIP: 56379
View Map

Details:

Asking Price: $435,000.00

Contact:

Agent's Name: Maria Berdan
Phone Number: 320-493-1723
mariat@granitecityproperties.com
Agent's Name: Steve Feneis
Phone Number: 320-420-2837
stevef@granitecityproperties.com

Property Description:

Investment Property
with long-term occupant

This is an opportunity to own an investment property with a very stable and longstanding tenant. The building is a fully leased distribution/warehouse building with Frito-Lay as the tenant. Tenant is the original and only tenant in the building. Beginning occupancy in 1985 and current lease extends to January 31, 2023. There is additional land on the site providing the potential opportunity for added building square footage. Property location provides easy access to Highway 23.

Sale Price: $435,000

Building Square Footage: 5,392 SF
Land Area: 89,334 SF

Property Flyer