Absolute NNN Retail
For Sale
Contact for pricing
Pending
1291 Tasha Blvd, Shakopee, MN 55379
Absolute triple net lease with 15 years remaining and scheduled 5% rental increases every five years.
Days on Market111
Property Features for 1291 Tasha Blvd
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
Stream Capital Partners
(312) 899-6664
Listed By:
Jordan Shtulman · License #IL 475152062
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 30 at 3:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stream Capital Partners
Investment Insights
Based on property information with market context.
This property is offered on an absolute triple net lease structure, with 15 years remaining on the initial term. The lease includes scheduled rental increases of 5% every five years, and the remarks indicate no landlord responsibilities under the arrangement.
The seller also notes above-average household income levels within the immediate trade area and reported strong store sales at the location.
The offering is presented as an NNN retail asset with a long remaining lease term and fixed, recurring rent escalations during the initial term.
The seller also notes above-average household income levels within the immediate trade area and reported strong store sales at the location.
The offering is presented as an NNN retail asset with a long remaining lease term and fixed, recurring rent escalations during the initial term.
Key Highlights
- Absolute triple net lease with 15 years remaining on the initial term
- Scheduled 5% rental increases every five years
- No landlord responsibilities under the lease
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 55379, MN
48,254
Population
18,028
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
93%
High-School Grad
57.9 sq mi
ZIP Area
833
Density / Sq Mi
$109,824
Median Household Income
$55,390
Median Earnings
$1,540
Median Rent
$366,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute triple net lease with 15 years remaining and scheduled 5% rental increases every five years.
Where is this nnn property located?
The property is located at 1291 Tasha Blvd Shakopee, MN.
What are key features of this property?
This property features: Absolute triple net lease with 15 years remaining on the initial term; Scheduled 5% rental increases every five years; No landlord responsibilities under the lease
