Property Information
|
| Property Sub-Type | Neighborhood Center
Other Retail Space
|
| Other Retail | n.a.
|
| Property Name | Retail Art Gallery
|
| Property Address 1 | n.a.
|
| Property Address 2 | n.a.
|
| Property Town/City | Duluth-Superior
|
| Property County | n.a.
|
| Property State | Minnesota
|
| Property ZIP/Postal Code | 00000
|
| MLS # | n.a.
|
| Section/Block/Lot | n.a.
|
| Zoning | n.a.
|
| Current Use | Net-Leased
|
| Building Sq. Ft. | n.a.
|
| Gross Leasable Sq. Ft. | 1,700
|
| No. Floors | n.a.
|
| Lot Size Sq. Ft. | n.a.
|
| Lot Frontage Ft. | n.a.
|
| Lot Depth Ft. | n.a.
|
| No. Parking Spaces | n.a.
|
| Year Built | 1995
|
| Year Last Renovated | n.a.
|
| Construction Type | Block and Steel
|
| Property Description | Attractive Duluth/Superior retail art gallery at high traffic, busy leased tourism location with1700 square foot showroom. The environment is fun, making life long relationships and participating in a creative process that is also lucrative.
|
| Area Description | Duluth-Superior are of Norther Minnesota/Wisconsin. On the shores of Lake Superior
|
Financial Information
|
| Sales Price $ | $395,000.00
|
| Gross Revenue $ | $503,133.00
|
| Total Expenses $ | n.a.
|
| Taxes $ | n.a.
|
| Net Operating Income $ | $126,306.00
|
| Cap Rate | 0.00%
|
| Occupancy Rate | 0.00%
|
| Price Per Leasable Sq. Ft. $ | n.a.
|
| Year Ending | 2019
|
| 1031 Exchange? | n.a.
|
| Financing/Terms | cash sale
|
Major Tenants
|
| Tenant #1 | Art Gallery
| Sq. Ft. #1 | n.a.
| Lease Ends #1 | n.a.
| | Tenant #2 | n.a.
| Sq. Ft. #2 | n.a.
| Lease Ends #2 | n.a.
| | Tenant #3 | n.a.
| Sq. Ft. #3 | n.a.
| Lease Ends #3 | n.a.
| | Tenant #4 | n.a.
| Sq. Ft. #4 | n.a.
| Lease Ends #4 | n.a.
| | Tenant #5 | n.a.
| Sq. Ft. #5 | n.a.
| Lease Ends #5 | n.a.
|
This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information.
|
