Wesco NNN-Leased
For Sale
Contact for pricing
Pending
5554 Enterprise Drive NE, Virginia, MN 55792
Corporate-backed NNN lease with landlord duties limited to the roof, structure, and parking area.
Property SizeContact for details
Days on Market143
Property Features for 5554 Enterprise Drive NE
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Salt Lake City
(801) 410-1621
Listed By:
Jack Cornell · License #UT 9518385-SA00
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 5:08PM
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 SRS Real Estate Partners Salt Lake City
Investment Insights
Based on property information with market context.
This fee-simple investment includes the land and building occupied by Wesco Distribution, Inc. under a corporate-signed NNN lease. A 5-year extension was executed in February 2018, with the initial term running through 2023. Landlord obligations are limited to the roof, structure, and parking area, providing a defined responsibility profile for ownership.
The property is positioned at the directional interchange of U.S. Highway 169 and U.S. Highway 53 in Virginia, Minnesota. The two routes record a combined 34,800 vehicles passing daily and serve as primary commuter corridors through the city. Walmart Supercenter and Target are nearby, while the 5-mile trade area includes nearly 16,000 residents and 17,000 daytime employees. Residents within 1 mile have an average household income of $68,465.
The property is positioned at the directional interchange of U.S. Highway 169 and U.S. Highway 53 in Virginia, Minnesota. The two routes record a combined 34,800 vehicles passing daily and serve as primary commuter corridors through the city. Walmart Supercenter and Target are nearby, while the 5-mile trade area includes nearly 16,000 residents and 17,000 daytime employees. Residents within 1 mile have an average household income of $68,465.
Key Highlights
- Corporate‑signed NNN lease with Wesco Distribution, Inc.
- 5‑year lease extension executed in February 2018; initial term through 2023
- Landlord responsibilities limited to roof, structure, and parking area
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Explore this area
Business Placement
Demographics for 55792, MN
9,827
Population
5,628
Households
1.7
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
103
Density / Sq Mi
$50,616
Median Household Income
$40,275
Median Earnings
$795
Median Rent
$128,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-backed NNN lease with landlord duties limited to the roof, structure, and parking area.
Where is this nnn property located?
The property is located at 5554 Enterprise Drive NE Virginia, MN.
What are key features of this property?
This property features: Corporate‑signed NNN lease with Wesco Distribution, Inc.; 5‑year lease extension executed in February 2018; initial term through 2023; Landlord responsibilities limited to roof, structure, and parking area
