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Park Rapids, MN NNN Properties for Sale

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Single-Tenant Burger King NNN
Updated: Apr 10
Single-Tenant Burger King NNN

310 1st Street East, Park Rapids, MN 56470

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1.50 AC lot
Burger King in Park Rapids, MN on an absolute net lease with the tenant responsible for all expenses
Nearly 17 years remaining on the lease, including 1.25% annual rent increases over the base term and four 5‑year renewal options
Corporately guaranteed by Meridian Restaurant Unlimited, Limited Company, plus a strong full‑term personal guaranty from principals
Located at the hard corner of 1st Street/Route‑34 and Riverside Avenue; nearly 1.5 acres with 150+ ft frontage
Traffic count: more than 21,000 vehicles pass by daily
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Park Rapids, 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 Office Building
Single-Tenant Office Building

4445 23RD AVE S, Fargo, ND 58104

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14,318 sqft

Built in 2021 and leased to Northwestern Mutual under a true NNN structure.

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Walgreens Retail Drugstore with Drive-Through
Walgreens Retail Drugstore with Drive-Through

4201 13th Ave S, Fargo, ND 58103

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Walgreens drugstore featuring a drive-through and situated on a hard corner in Fargo, ND.

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Triple Net Coffee Shop
Triple Net Coffee Shop

535 US-2, Grand Rapids, MN 55744

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Fee-simple Caribou Coffee building recently renovated in 2022, offered as a triple-net investment.

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Single-Tenant Net Leased Grocery
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.

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Park Rapids, MN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Park Rapids, MN on our real estate platform.

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Demographics Overview

Population 11K
Population Growth (5Y) +2.5%
Median Household Income $68,351
College Educated 40.7%

Taxes & Financing

Tax Rate (average for all types) 2.12%
Property Tax per SF $39.03 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

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