Technical
Financial
Distress signals
Property profile

1017 Central Entrance Duluth, MN 55811

OFF-MARKET
Retail properties & Spaces
0.27 ac lot Built 1994
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased, two-story retail building totaling 5,849 square feet (with potential expansion to 6,000 sq ft) situated on a 0.27-acre lot (11,160 sq ft) in Duluth, Minnesota. The property, constructed in 1994 and extensively renovated, enjoys a prime location on West Central Entrance, a high-traffic corridor boasting 21,548 vehicles per day (2023 data). The building features 14 dedicated parking spaces, supplemented by reciprocal access agreements with neighboring lots, ensuring ample parking for tenants and customers. The tenant roster includes a mix of established businesses, anchored by a long-term national tenant, Cold Stone Creamery, and further complemented by Lake Superior Dispensary and Edward Jones. All tenants operate under triple-net (NNN) leases, providing a passive income stream and minimizing landlord responsibilities. This presents a rare chance to acquire a stable, high-performing asset in a thriving commercial area, offering both immediate returns and significant long-term growth potential. The property's strong tenant mix, excellent visibility, and convenient location make it an ideal investment for those seeking a low-maintenance, high-yield commercial property in a dynamic Duluth market. The asking price is $2,650,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1994
Lot 0.27 ac (11,761 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop

Location

1017 Central Entrance Duluth, MN 55811
Duluth metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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