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1305 Crystal Ln Chaska, MN 55318

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For Sale
$1,765,000

Redevelopment opportunity with existing income in Chaska, Minnesota.

Property size:
4,809 SF
Lot size:
1.35 Acres

Property Features for 1305 Crystal Ln

General Information

Size
4,809 SF
Lot size
1.35 Acres

Source: Upland Real Estate Group, Inc Agent Deborah Vannelli

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


Overview

Redevelopment Opportunity with Lease Income

This 4,800-square-foot property on 0.67 acres presents a redevelopment opportunity with lease buy-out potential. The corporate Big O Tires location has closed, but over 5 years remain on the lease term, which is guaranteed by TBC Corporation with over 2,000 locations. Approximately $737,000 remains in NOI payments over the next 5 1/2 years. The property is located approximately 4 miles from Hazeltine National Golf Club, which has hosted multiple major golf championships and is scheduled to host the 2024 U.S. Amateur Championship, the 2026 KPMG Women’s PGA Championship, and the 2029 Ryder Cup. Nearby retailers include Speedway, Valvoline, Caliber Collision, McDonald’s, Holiday, Caribou Coffee, O’Reilly, and Napa. Area retailers also include Target, Home Depot, Kohl’s, Aldi, Starbucks, Walgreens, Arby’s, and Chipotle. The 5-mile average household income is $152,740, and the 5-mile population is 98,975.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Tavo's Carpet & Flooring ... Carpet Wholesaler

Suggested Use

Realty agency Restaurant Law Firm Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Grace Hegstrom

Location Insight

  • Map
  • Local Demand
City
Chaska
County
Carver
State
Minnesota
Longitude
-93.579566
Latitude
44.800954

FAQs

What type of property is this?
Automotive property - Redevelopment opportunity with existing income in Chaska, Minnesota.
Where is this automotive property located?
The property is located at 1305 Crystal Ln Chaska, MN.
What is the asking price?
The asking price for this property is $1,765,000.
What are key features of this property?
This property features: - Redevelopment opportunity with approximately $737,000 remaining NOI payments over 5.5 years.; - Low asking price of $1,765,000 at a 7.43% Cap Rate.; - Lease guaranteed by TBC Corporation with over 2,000 locations.
More about this property
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