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Faribault, MN NNN Properties for Sale

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Free-Standing Building on Highway 60
Updated: Apr 3, 2024
Free-Standing Building on Highway 60

1233 MN-60, Faribault, MN 55021

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5,625 sqft
Free‑standing building.
Located just off Lyndale Avenue and Highway 60.
15‑year triple net investment sale.
Current tenant is Brighton Hospice.
Brighton Hospice has multiple locations in several states.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant Medical Office Building
Single-Tenant Medical Office Building

4490 Erin Dr, Eagan, MN 55122

Contact for pricing
6,000 sqft

A net-leased practice location is occupied through a lease extending to 2033.

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Freestanding Day Care Center
Freestanding Day Care Center

14730 Excelsior Boulevard, Minnetonka, MN 55345

Contact for pricing
10,153 sqft

Built in 2017 with an absolute NNN lease to Everbrook Academy and scheduled rent increases every five years.

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O'Reilly Auto Parts NNN Property
O'Reilly Auto Parts NNN Property

1988 Rahncliff Court, Eagan, MN 55122

Contact for pricing
5,600 sqft

Automotive parts retail facility with a NNN lease, renewal options, and access to major Twin Cities transportation corridors.

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Established Walgreens in Minnetonka
Established Walgreens in Minnetonka

4590 County Rd 101, Minnetonka, MN 55345

Contact for pricing
12,544 sqft

Walgreens with drive-through on hard corner with 9+ years remaining.

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Faribault, MN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Faribault, MN on our real estate platform. These investment opportunities span a total of 5,625 square feet of properties for sale.

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Demographics Overview

Population 31K
Population Growth (5Y) +2.8%
Median Household Income $70,296
College Educated 26.6%

Taxes & Financing

Tax Rate (average for all types) 2.31%
Property Tax per SF $36.07 per SF
Tax Rate vs County Average 0.12 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Faribault fall within the 100,000+ square foot range.

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