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Virginia, MN NNN Properties for Sale

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Wesco NNN-Leased Property
Updated: Apr 12
Wesco NNN-Leased Property

5554 Enterprise Drive NE, Virginia, MN 55792

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Corporate‑signed NNN lease with Wesco Distribution, Inc.
5‑year lease extension executed in February 2018; initial term through 2023
Landlord responsibilities limited to roof, structure, and parking area
At the directional interchange of U.S. Highway 169 and U.S. Highway 53
Combined traffic volume of 34,800 vehicles passing by daily
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Virginia, 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.

Office Building with Leased Garage
Office Building with Leased Garage

8878 Main St, Mountain Iron, MN 55768

$375,000
7,050 sqft

Existing occupancy includes a tenant covering rent, utilities, insurance, and taxes.

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Three-Tenant Retail Center
Three-Tenant Retail Center

8580 Rock Ridge Dr, Mountain Iron, MN 55768

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11,500 sqft 1.92 AC lot

Fully occupied retail center with triple-net leases and established national tenants near major retail destinations.

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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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Virginia, MN Nnn Properties Market Trends and Statistics

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

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Demographics Overview

Population 9,848
Population Growth (5Y) +0.4%
Median Household Income $50,616
College Educated 13.3%

Taxes & Financing

Tax Rate (average for all types) 2.53%
Property Tax per SF $19.80 per SF
Tax Rate vs County Average 0.05 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Louis County

New Delisted

Total CRE Inventory on Market (SF)

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