Big O Tires Investment
1305 Crystal Ln Chaska, MN 55318
1305 Crystal Ln, Chaska, MN, 55318
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For Sale
Contact for pricing
Single tenant Big O Tires store in Chaska, MN for sale.
Property Size4,809 SF
Price / SF$367.02
Days on Market817
Property Features for 1305 Crystal Ln
General Information
- Standard status
- Active
- Size
- 4,809 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1998
Listing Agency
Net Lease Realty Partners
Listed by
Paul Bonanno · License #CA 01156051
Source
Crexi
Added: Apr 24, 2024 Checked: Jul 16 at 10:26 am
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 Net Lease Realty Partners
Investment Insights
Based on property information with market context.
This single-tenant Big O Tires store is located in Chaska, MN. The property is currently dark but paying full rent without abatement, operating under an absolute NNN lease with zero landlord responsibilities. The lease is guaranteed by the TBC Corporation and features 10% rental increases every 5 years. The property offers a redevelopment or value-add opportunity for investors. The property size is 4809 square feet.
Key Highlights
- Absolute NNN Lease with ZERO Landlord Responsibilities, Guaranteed by TBC Corporation
- Currently dark but paying full rent without abatement
- 10% rental increases every 5 years
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.2k | $18.96 |
| − Vacancy | −$6.6k | −$1.37 |
| EGI | $84.6k | $17.59 |
| − OpEx | −$25.4k | −$5.28 |
| NOI | $59.2k | $12.32 |
4,809 SF · lease $18.96/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$846.1K
$740.4K – $987.2K
NOI $59,230 @ 7.0% cap · market cap 3.36%
Second Best
Industrial
$746.3K
$653.1K – $870.7K
NOI $52,244 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,313 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tavo's Carpet & Flooring ...
Big Box & Wholesale Store
Similar For Sale Nearby
Similar Off Market Nearby
- Valvoline Instant Oil Change — 1380 Crystal Ln, Chaska, MN 55318
- Caliber Collision — 1320 Crystal Ln, Chaska, MN 55318
- Caliber Auto Glass — 1320 Crystal Ln, Chaska, MN 55318
- Ratified Motorsport Chaska — 2430 Chaska Blvd, Chaska, MN 55318
- Autobahn Garage — 2430 chaska blvd, chaska, mn 55318
FAQs
What type of property is this?
Auto shop - Single tenant Big O Tires store in Chaska, MN for sale.
Where is this auto shop located?
The property is located at 1305 Crystal Ln Chaska, MN.
What is the asking price?
The asking price for this property is $1,765,000.
What are key features of this property?
This property features: Absolute NNN Lease with ZERO Landlord Responsibilities, Guaranteed by TBC Corporation; Currently dark but paying full rent without abatement; 10% rental increases every 5 years
