1611 Halbur RdMarshall, MN 56258

Exceptional investment opportunity: a well-located 8,750-square-foot warehouse in Marshall, Minnesota. This industrial property, situated on a 2.06-acre lot (APN 27-384009-1), boasts a strong net operating income (NOI) of $61,700, yielding an 8.23% cap rate. The asking price is $750,000. The property features two loading docks and two dock-high doors, along with ten grade-level doors, providing ample access for loading and unloading. Built in 1992, this single-tenant warehouse is under a Net-Net lease agreement, expiring December 31, 2030. The lease commenced August 17, 1992, demonstrating a long-standing and successful tenant occupancy. The landlord is responsible for roof, structure, insurance, and the first $6,000 of real estate taxes. The tenant is responsible for utilities, all maintenance (excluding the building's structure), interior upkeep, snow removal, all common area maintenance (CAM) charges, and real estate taxes exceeding $6,000. Strategically located in Marshall's industrial corridor, this property benefits from proximity to numerous national and regional businesses, and is just two miles north of downtown Marshall. The permitted zoning is industrial. This presents a compelling investment opportunity with a stable, long-term tenant and a strong return on investment.