NNN

Owatonna, MN NNN Properties for Sale

Notify Me
List
Map
Hutchinson, MN Medford, MN Claremont, MN Waseca, MN Warsaw, MN Faribault, MN Ellendale, MN Morristown, MN
Freestanding Restaurant with Interstate Exposure
Updated: Jan 1
Freestanding Restaurant with Interstate Exposure

4355 W Frontage Rd, Owatonna, MN 55060

Contact for pricing
6,079 sqft 1.45 AC lot
Fee‑simple interest in a freestanding Famous Dave’s BBQ restaurant in Owatonna, MN.
NNN lease through November 2026 to Rib Kings of Owatonna, LLC (operated continuously since the building was constructed in 2004).
NNN lease rent is rolling monthly: 6.00% of gross sales or $5,000 per month, whichever is greater.
2025 NOI was roughly $82,000, implying a 7.00% cap rate on the sale price.
Property sits on 1.45 acres with direct I‑35 frontage exposure; building size is 6,079 SF.
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Owatonna, 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.

Net-Leased Retail Strip Center
Net-Leased Retail Strip Center

511 Holly Ln, Mankato, MN 56001

Contact for pricing
5,852 sqft

Stabilized retail strip center with a true NNN lease structure and professionally managed tenants on 2-7 year terms.

View details
Absolute NNN Retail Lease Investment
Absolute NNN Retail Lease Investment

4150 KNOB DR, Eagan, MN 55122

Contact for pricing
10,314 sqft

A corporate-guaranteed absolute NNN retail lease structure shifts maintenance and operating expenses to the tenant for owner-relief.

View details
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.

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

Owatonna, MN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Owatonna, MN on our real estate platform. These investment opportunities span a total of 6,079 square feet of properties for sale.

List
Map

Demographics Overview

Population 32K
Population Growth (5Y) +0.2%
Median Household Income $84,408
College Educated 34.1%

Taxes & Financing

Tax Rate (average for all types) 2.97%
Property Tax per SF $3.69 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Steele County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings