Single-Tenant Net Lease Burger
For Sale
Contact for pricing
403 Fire Monument Road, Hinckley, MN 55037
Absolute NNN Burger King with ~6.5 years remaining, 1.75% annual increases, and four 5-year renewal options.
Property SizeContact for details
Lot Size2.01 Acres
Days on Market122
Property Features for 403 Fire Monument Road
General Information
Standard status
Active
Lot size
2.01 Acres
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Hanley Investment Group
Listed By:
Jeremy McChesney · License #CA 01303748
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 11:16AM
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 Hanley Investment Group
Investment Insights
Based on property information with market context.
This single-tenant Burger King is offered on an absolute net lease structure described as having no landlord responsibilities. The primary lease term has approximately 6.5 years remaining, with rare 1.75% annual increases. The lease also includes four 5-year options, each with 1.75% annual increases. The property sits on a 2.01-acre parcel and is positioned in front of a 69-room Days Inn motel.
The site is located along Minnesota’s Interstate 35 at the Fire Monument Road exit, providing access for travelers heading toward the Grand Casino Hinckley. The casino is approximately 1.5 miles away and features 54,800 SF of gaming space and a 563-room hotel. The immediate trade area retail mix noted in the remarks includes McDonald’s, Hardee’s, Dairy Queen, Subway, Taco Bell, White Castle, Family Dollar, and Kwik Trip.
According to the offering remarks, the remaining lease term could support an investor’s collection of approximately $1,100,000 in uncollected rent if the tenant does not renew, alongside a repositioning plan opportunity. The property was appraised at $2,170,000 in 2018.
The site is located along Minnesota’s Interstate 35 at the Fire Monument Road exit, providing access for travelers heading toward the Grand Casino Hinckley. The casino is approximately 1.5 miles away and features 54,800 SF of gaming space and a 563-room hotel. The immediate trade area retail mix noted in the remarks includes McDonald’s, Hardee’s, Dairy Queen, Subway, Taco Bell, White Castle, Family Dollar, and Kwik Trip.
According to the offering remarks, the remaining lease term could support an investor’s collection of approximately $1,100,000 in uncollected rent if the tenant does not renew, alongside a repositioning plan opportunity. The property was appraised at $2,170,000 in 2018.
Key Highlights
- Single‑tenant Burger King on an absolute NNN lease with no landlord responsibilities.
- ~6.5 years remaining on the primary lease term.
- 1.75% annual rent increases plus four 5‑year renewal options with 1.75% annual increases.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
144k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 40%
Hotels & Casinos 1%
Kwik Trip
Shops & Services
48,955 visits/mo
0.3 miles
McDonald's
Dining
23,840 visits/mo
0.2 miles
Holiday Station Store
Shops & Services
23,019 visits/mo
0.0 miles
Taco Bell
Dining
16,745 visits/mo
0.1 miles
Hardee's
Dining
11,475 visits/mo
0.0 miles
Demographics for 55037, MN
5,057
Population
3,117
Households
1.6
Avg Household Size
43
Median Age
13%
College-Educated
90%
High-School Grad
306.4 sq mi
ZIP Area
17
Density / Sq Mi
$61,319
Median Household Income
$33,465
Median Earnings
$975
Median Rent
$206,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN Burger King with ~6.5 years remaining, 1.75% annual increases, and four 5-year renewal options.
Where is this nnn property located?
The property is located at 403 Fire Monument Road Hinckley, MN.
What are key features of this property?
This property features: Single‑tenant Burger King on an absolute NNN lease with no landlord responsibilities.; ~6.5 years remaining on the primary lease term.; 1.75% annual rent increases plus four 5‑year renewal options with 1.75% annual increases.
