25945 Gateway Dr, Zimmerman, MN 55398
For Sale
1 / 2
This exceptional investment opportunity presents a 15,506 square foot retail property in Zimmerman, Minnesota, featuring two investment-grade tenants: O'Reilly Auto Parts and Dollar Tree. Boasting 100% occupancy and a strong net operating income (NOI) of $210,090, this property offers a compelling 6.35% cap rate on an asking price of $3,300,000. Built in 2000 and renovated in 2022, the property sits on a 4.47-acre lot at 25945 Gateway Dr, 55398, benefiting from high visibility on Highway 169, a major thoroughfare with an average daily traffic count of 28,565 vehicles. The leases have a remaining term of 7 years and 10 months, secured by corporate guarantees from both tenants. O'Reilly Auto Parts and Dollar Tree, both with S&P BBB ratings, are national chains with substantial revenue streams. Rental rates are attractive, with Dollar Tree paying $10.00 per square foot and O'Reilly Auto Parts paying $15.95 per square foot. The property enjoys strong demographics, with an average household income of $130,498 within a 5-mile radius and a population of 19,736. The location benefits from excellent co-tenancy with other national retailers such as Speedway, Dairy Queen, Caribou Coffee, Holiday, Subway, and Hardee's. Further enhancing the property's long-term value, the Highway 169 & County Road 4 Improvement Plan is slated for completion in 2025 and 2026. This is a rare opportunity to acquire a stable, high-performing retail investment with significant upside potential.
-
Anoshirvan Mazhari, MD Physician
-
O'Reilly auto parts Auto Parts Store
-
Dollar Store Department Store Grocery & Convenience Store
-
Dr. Sujatha Roberts, MD Physician
-
Emily Luitjens Pediatrician Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.