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Faribault, MN NNN Properties for Sale

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Warsaw, MN Medford, MN Dundas, MN
Free-Standing Building on Highway 60
Updated: Apr 3, 2024
Free-Standing Building on Highway 60

1233 MN-60, Faribault, MN 55021

$1,600,000
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.

Stabilized Retail Strip Center
Stabilized Retail Strip Center

511 Holly Ln, Mankato, MN 56001

$3,490,000

Retail strip center in Mankato, MN with NNN leases.

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Medical Treatment Center Portfolio
Medical Treatment Center Portfolio

3329 UNIVERSITY AVE SE, Minneapolis, MN 55414

$2,580,650
12,270 sqft

Three NNN medical treatment centers with long operating history as opioid and behavioral health programs.

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Minneapolis AutoZone Investment Opportunity
Minneapolis AutoZone Investment Opportunity

2610 E Lake St, Minneapolis, MN 55406

Contact for pricing
10,886 sqft · 0.75 AC lot

Single-tenant AutoZone with long-term lease and rent increases.

View details
Mister Car Wash Investment Opportunity
Mister Car Wash Investment Opportunity

1541 Madison Avenue, Mankato, MN 56001

Contact for pricing

Net leased Mister Car Wash in Mankato's primary retail corridor.

View details

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, with an estimated market value of $1,600,000.

Sale prices for triple net lease properties in Faribault, MN start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Faribault submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55021 $1.6M

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%

Listings Trend

New vs delisted commercial listings in Rice County

New Delisted

Property Size Breakdown

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

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