Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1305 Crystal Ln Chaska, MN 55318

    Sponsored
    For Sale
    $1,766,341

    Big O Tires NNN Lease, High ROI

    Property size:
    4,809 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Chaska, MN retail property offers a compelling value-add or redevelopment opportunity. The 4,809 square foot Big O Tires building sits on a 0.67-acre lot and is currently 100% occupied under an absolute NNN lease with a corporate guarantee from TBC Corporation. The lease, commencing October 1, 2010, and expiring September 30, 2030, has approximately 5.9 years remaining, with three 5-year options and 10% rent bumps every five years. The asking price is $1,766,341, representing a 6.75% cap rate and a price per square foot of $367.30. The property generates a net operating income (NOI) of $119,228. Located at 1305 Crystal Ln, Chaska, MN 55318, the property benefits from its proximity to major retailers, including Speedway, Valvoline, and numerous national chains. The area boasts a strong demographic profile, with a 5-mile average household income of $136,579 and a population of 95,083. Chaska is recognized as one of Minnesota's best places to live, further enhancing the property's investment appeal. The property's location near Hazeltine National Golf Club, a renowned venue for major golf championships, adds to its desirability. This presents a rare chance to acquire a stable, income-producing asset with significant upside potential. The property's strong tenant, favorable lease terms, and prime location make it an attractive investment for discerning buyers.

    Property Features for 1305 Crystal Ln

    General Information

    Property type
    Automotive properties
    Square Feet
    4,809 SF
    Lot Size
    29,185 SF

    HighLights

    • Redevelopment opportunity with lease buyout potential.
    • $1,766,341 asking price, 6.75% cap rate.
    • Big O Tires lease (TBC Corp. guaranteed) has 6 years, 3 months remaining.
    • Proximity to Hazeltine National Golf Club, host of major championships.
    • 4,800 SF building on 0.67 acres.
    • Strong retail synergy with Speedway, Valvoline, and other national brands.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tavo's Carpet & Flooring ... Carpet Wholesaler

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chaska
    County
    Carver
    State
    Minnesota
    Longitude
    -93.578574454732
    Latitude
    44.800734970823

    Nearby Similar for Sale

    • Contact for pricing
      0.17 Acres

      Chaska Office Space For Sale

      Office space in Chaska, walking distance to city amenities.
      112 E 5Th St, Chaska, MN 55318
      View Details
    • Contact for pricing
      155,641 SF

      Chaska Retail Center For Sale

      Retail center with diverse shopping, dining, and service options.
      200 Pioneer Trl, Chaska, MN 55318
      View Details
    • $309,500
      1,697 SF

      Charming Chaska Townhome with Upgrades

      Charming Chaska townhome with upgrades, close to amenities.
      2760 Spy Glass Dr, Chaska, MN 55318
      View Details
    • $3,200,000
      46,072 SF

      Chaska Warehouse with Office Space

      46,072 SF building with warehouse and office space.
      1550 Audubon Rd, Chaska, MN 55318
      View Details
    • Contact for pricing
      39,840 SF

      Chaska Industrial Building with High Power

      39,840 SF industrial building with high power and ample parking.
      343 82Nd St E, Chaska, MN 55318
      View Details
    • Contact for pricing
      171 SF

      Chaska Hospitality Property For Sale

      Hospitality property in Chaska, Minnesota, near retail, parks, and schools.
      1 Oakridge Dr, Chaska, MN 55318
      View Details
    • Contact for pricing
      111,964 SF

      New Chaska Industrial Facility

      New industrial facility with highway access and flexible loading.
      Chaska Crk Blvd & Engler Blvd, Chaska, MN
      View Details
    • $275,000
      1,536 SF

      Chaska Office Condo For Sale

      1,536 SF end cap office condo in Chaska, MN.
      572-568 Bavaria Ln, Chaska, MN 55318
      View Details
    • $2,525,000
      12,190 SF

      Chaska Daycare Center For Sale

      Centrally located daycare near business and educational districts.
      110650 Village Rd, Chaska, MN 55318
      View Details
    • $648,000
      1,445 SF

      Chaska Retail/Office Space Available

      Retail or office space in the heart of Chaska.
      102 W 5Th St, Chaska, MN 55318
      View Details
    • $5,900,000
      61,036 SF

      Food Processing Building For Sale

      61,036 SF food processing building with freezer and cooler.
      300 Lake Hazeltine Dr, Chaska, MN 55318
      View Details
    • Contact for pricing
      9,020 SF

      Chaska Office Suites: Prime Location

      Two Suites, Downtown Chaska, MN
      112 5Th St, Chaska, MN 55318
      View Details

    FAQs

    What type of property is this?
    Automotive property - Big O Tires NNN Lease, High ROI
    Where is this automotive property located?
    The property is located at 1305 Crystal Ln Chaska, MN.
    What is the asking price?
    The asking price for this property is $1,766,341.
    What are key features of this property?
    This property features: Redevelopment opportunity with lease buyout potential.; $1,766,341 asking price, 6.75% cap rate.; Big O Tires lease (TBC Corp. guaranteed) has 6 years, 3 months remaining.
    Request Owner's contact information
    1305 Crystal Ln Chaska, MN 55318
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1305 Crystal Ln
    Chaska, MN 55318
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1305 Crystal Ln Chaska, MN 55318
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.