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    600 County Hwy, Unit 10 Blaine, MN

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    For Sale
    $2,250,000

    Retail property in Blaine, MN, tenant pays taxes and insurance.

    Property size:
    16,161 SF
    Lot size:
    2.00 Acres

    Property Features for 600 County Hwy

    General Information

    Size
    16,161 SF
    Lot size
    2.00 Acres

    Source: Restaurant Brokers of Minnesota, Inc Agent DJ Sikka

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Blaine Retail Property For Sale

    This retail property is available for sale. The lease structure is modified NNN, where the tenant is responsible for real estate taxes, building insurance, liability insurance, operating expenses, maintenance of parking areas (excluding capital expenses), and maintenance and replacement of HVAC, plate glass, and the interior. The landlord is responsible for the building exterior, parking area capital expenses, and structural portions of the building, including the roof. The property has a total size of 16161 square feet. After the initial 20 years of the term, and every five years thereafter, the tenant has the right to terminate the term of the lease with 6 months prior written notice. The next possible effective date of termination is October 31, 2025.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Blaine
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2349489
    Latitude
    45.1607987

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    FAQs

    What type of property is this?
    Retail space - Retail property in Blaine, MN, tenant pays taxes and insurance.
    Where is this retail space located?
    The property is located at 600 County Hwy, Unit 10 Blaine, MN.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Tenant responsible for significant operating expenses and maintenance, including HVAC and interior.; - Modified NNN lease structure provides a steady income stream with tenant covering RE taxes, building insurance, and liability insurance.; - Tenant handles parking area maintenance (excluding capital expenses).
    (612) 701-6296
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    600 County Hwy, Unit 10 Blaine, MN
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