2721 20Th Ave Moorhead, MN 56560
Sponsored
Two Shop Condos, Land, NNN Leases
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 2721 20Th Ave
General Information
- Property type
- Industrial properties
- Lot Size
- 103,673 SF
Building Details
- Year Built
- 2019
- Buildings
- 2
HighLights
- $2,950,000 Asking Price
- Two 9,750 SF shop condos, built in 2019 by Morton Buildings, located in Moorhead, MN.
- Fully leased with Net NNN leases, generating $181,633.56 projected annual income in 2024.
- 7% capitalization rate.
- 2.38‑acre lot with potential for two additional 9,750 SF buildings; existing infrastructure in place.
- Potential city incentives available for new construction.
Property Profile
Location Intelligence
Current Use by Public Records
Warehouse Unit J
Warehouse
Location Insight
- Map
- Local Demand
- City
- Moorhead
- County
- Clay
- State
- Minnesota
- Longitude
- -96.7335834
- Latitude
- 46.8557995
Nearby Comparable
Nearby Similar for Sale
FAQs
What type of property is this?
Industrial property - Two Shop Condos, Land, NNN Leases
Where is this industrial property located?
The property is located at 2721 20Th Ave Moorhead, MN.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: $2,950,000 Asking Price; Two 9,750 SF shop condos, built in 2019 by Morton Buildings, located in Moorhead, MN.; Fully leased with Net NNN leases, generating $181,633.56 projected annual income in 2024.
