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Property profile & analytics
OFF-MARKET Estimated value $1,590,000
Commercial real estate

1035 Frontenac Dr Winona, MN 55987-2865

6,600 SF 0.76 ac lot Built 2012
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US46-1393858
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, 6,599 square foot Class B shopping center in Winona, Minnesota. Located at 1035 Frontenac Dr, 55987, this property boasts a prime location within a Walmart parking lot, ensuring high visibility and foot traffic. The center features three units, currently 100% occupied by tenants, including a national retailer, "suntan city", providing stability and consistent income. Built in 2012 on a 0.653-acre lot, the single-building property offers ample parking (10 spaces per 1,000 sq ft). The property is offered at $1,800,000, translating to $272.77 per square foot. The Triple Net (NNN) lease structure minimizes landlord responsibilities, while built-in rent bumps ensure future income growth. The property's Assessed Property Number (APN) is 324230040. This is a turnkey investment with a strong tenant mix and a highly desirable location, making it an ideal addition to any commercial real estate portfolio. The property includes an end cap unit with a drive-through facility.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2012
Total area 6,600 SF
Lot 0.76 ac (32,888 SF)
APN 32.423.0040
UPID US46-1393858
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.61M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.59M
Owner & transaction history
Carty Family Properties LLC · 3 yrs held
Carty Family Properties LLC
since 2023
Last sale
$1.6M
3 recorded transactions
2023
$1.6M
2019
$1.4M
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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