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    Itasca County, MN NNN Properties for Sale

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    Single-Tenant Net Leased Grocery
    Updated: Apr 10
    Single-Tenant Net Leased Grocery

    1250 S Pokegama Avenue, Grand Rapids, MN 55744

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    New 2016 construction grocery property leased to ALDI Inc. under a long‑term ground lease structure.
    Recently signed 15‑year ground lease with ALDI Inc.; store opening in December (2016).
    Single‑tenant net lease investment (STNL) structured so the tenant pays operating expenses, capital repairs, and replacements.
    Debt‑free; 15‑year term and ground lease structure can support long‑term holding strategies.
    Pricing noted at $119 PSF (below replacement cost per provided remarks).
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Itasca County, MN, we suggest exploring several alternatives:

    Itasca County, MN Nnn Properties Market Trends and Statistics

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