Absolute NNN Retail Lease
For Sale
Contact for pricing
4150 KNOB DR, Eagan, MN 55122
A corporate-guaranteed absolute NNN retail lease structure shifts maintenance and operating expenses to the tenant for owner-relief.
Property Size10,314 SF
Price / SF$490.98
Days on Market56
Property Features for 4150 KNOB DR
General Information
Standard status
Active
Size
10,314 SF
Class
A
Property subtype
Retail, Office
Occupancy
100%
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$384,904
Additional Details
Cap Rate
7.6%
Building Details
Year Built
2017
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Avison Young - San Francisco
(509) 475-6210
Listed By:
Laef Barnes · License #CA 01936688
Source:
Crexi
Added: Jun 15
Changed: Aug 8
Last Checked: Aug 9 at 2:52PM
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 Avison Young - San Francisco
Investment Insights
Based on property information with market context.
This offering is an absolute NNN retail lease investment supported by a corporate-guaranteed tenant obligation, with the tenant responsible for all maintenance and operating expenses. The property is presented as a hands-off ownership structure, with no landlord responsibilities tied to ongoing operations. The rent is also described as increasing every five years, designed to provide scheduled upward adjustments over time.
Located at 4150 Knob Dr in Eagan, Minnesota, the asset is presented to investors seeking a lease-backed cash-flow profile with additional emphasis on lease security from a nationally recognized operator. The transaction is offered for sale.
For investors and buyers evaluating NNN retail strategies, the key underwriting point here is the combination of an absolute NNN expense structure and the corporate-guarantee feature, which the offering materials describe as helping reduce owner involvement in day-to-day property costs. As with any lease-based purchase, prospective buyers should review the lease terms and guarantee documentation to confirm the scope of obligations and the specifics of the scheduled rent increases every five years.
Located at 4150 Knob Dr in Eagan, Minnesota, the asset is presented to investors seeking a lease-backed cash-flow profile with additional emphasis on lease security from a nationally recognized operator. The transaction is offered for sale.
For investors and buyers evaluating NNN retail strategies, the key underwriting point here is the combination of an absolute NNN expense structure and the corporate-guarantee feature, which the offering materials describe as helping reduce owner involvement in day-to-day property costs. As with any lease-based purchase, prospective buyers should review the lease terms and guarantee documentation to confirm the scope of obligations and the specifics of the scheduled rent increases every five years.
Key Highlights
- 2017‑built retail property with a corporate‑guaranteed absolute NNN lease structure
- Tenant responsible for maintenance and operating expenses (owner‑relief from these costs)
- Corporate‑guaranteed lease designed to provide predictable cash flow for investors
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Explore this area
Business Placement
Demographics for 55122, MN
32,204
Population
13,965
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
2,982
Density / Sq Mi
$93,980
Median Household Income
$55,845
Median Earnings
$1,594
Median Rent
$342,700
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 - A corporate-guaranteed absolute NNN retail lease structure shifts maintenance and operating expenses to the tenant for owner-relief.
Where is this nnn property located?
The property is located at 4150 KNOB DR Eagan, MN.
What is the asking price?
The asking price for this property is $5,064,000.
What are key features of this property?
This property features: 2017‑built retail property with a corporate‑guaranteed absolute NNN lease structure; Tenant responsible for maintenance and operating expenses (owner‑relief from these costs); Corporate‑guaranteed lease designed to provide predictable cash flow for investors
