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New Ulm, MN NNN Properties for Sale

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Hardee's Quick-Service Restaurant
Updated: Mar 3
Hardee's Quick-Service Restaurant

1710 Westridge Rd, New Ulm, MN 56073

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2,966 sqft 1.17 AC lot
2,966 SF Hardee’s quick‑service restaurant on 1.17 acres at 1710 Westridge Rd, New Ulm, MN 56073
Fee‑simple interest secured by a long‑term absolute NNN lease extending through August 2038
Current annual income of $98,439 with built‑in rent escalations every five years
Four additional renewal options that could extend the tenancy through 2058
Restaurant located adjacent to a Walmart Supercenter on Westridge Rd, a frontage road to Highway 14
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Ulm, 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.

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Mister Car Wash Investment Opportunity
Mister Car Wash Investment Opportunity

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

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Built for Aspen Dental in 2015 with a five-year lease extension and corporate guarantee.

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Office Units with Signage
Office Units with Signage

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Office units on Madison Avenue with on-site parking and business signage.

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New Ulm, MN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in New Ulm, MN on our real estate platform. These investment opportunities span a total of 2,966 square feet of properties for sale.

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Demographics Overview

Population 17K
Population Growth (5Y) +4.5%
Median Household Income $69,698
College Educated 36.2%

Taxes & Financing

Tax Rate (average for all types) 2.25%
Property Tax per SF $10.30 per SF
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

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