324 Lowell Avenue NW, Elk River, MN 55330

$1,450,000

Property Description

6.55% Cap Rate. 2022 built Caribou Cabin with prime Hwy 10 frontage. Triple net lease with 9 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.

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Listing courtesy of Acuity Group.

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