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Sinclair
4701 E Superior St, Duluth, MN 55804
Listing Price: $1,900,000
Cap Rate
8.00%
Tenant Name
Sinclair
Years Remaining On Lease
20.0
Gross SF
1,740
Guarantor
Personal Guarantee
Rentable SF
1,740
Price/Gross SF
$1,091.95
Lease Type
Absolute Net
Rent Per Square Feet
$87.36
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Sinclair in Duluth, MN.
Sinclair
Investment Highlights
- LONG TERM 20-YEAR ABSOLUTE NNN LEASE
- LESS THAN 3 MILES FROM UNIVERSITY OF MINNESOTA DULUTH
- STRATEGICALLY POSITIONED CORNER LOCATION ALONG EAST SUPERIOR STREET
- IMMEDIATE PROXIMITY TO LAKE SUPERIOR – MINUTES FROM SHORELINE ACCESS
- AFFLUENT CONSUMER BASE – $116K+ AVERAGE HOUSEHOLD INCOME (1-MILE RADIUS)
Exclusively Listed By
Broker of Record
Listing Price: $1,900,000
Cap Rate
8.00%
Tenant Name
Sinclair
Years Remaining On Lease
20.0
Gross SF
1,740
Guarantor
Personal Guarantee
Rentable SF
1,740
Price/Gross SF
$1,091.95
Lease Type
Absolute Net
Rent Per Square Feet
$87.36
Investment Highlights
- LONG TERM 20-YEAR ABSOLUTE NNN LEASE
- LESS THAN 3 MILES FROM UNIVERSITY OF MINNESOTA DULUTH
- STRATEGICALLY POSITIONED CORNER LOCATION ALONG EAST SUPERIOR STREET
- IMMEDIATE PROXIMITY TO LAKE SUPERIOR – MINUTES FROM SHORELINE ACCESS
- AFFLUENT CONSUMER BASE – $116K+ AVERAGE HOUSEHOLD INCOME (1-MILE RADIUS)
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Sinclair in Duluth, MN.
Exclusively Listed By
Broker of Record
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