Drive Results Realty
Mike Peterson, Drive Results RealtyPhone: (612) 226-7467
Email: [email protected]
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listing
1 of 4
CommercialFor Sale
$1,400,000
324 Lowell Avenue NW
Elk River, MN 55330
Listing Office: Acuity Group
MLS: Northstar MLS
Est. Mortgage
$7,327/mo

6.79% Cap Rate. 2022 built Caribou Cabin with prime Hwy 10 frontage. Triple net lease with 8.5 years remaining of the initial 10-year term. 10% rent increase after year 5. Three additional 5-year options with 10% rent increases after the initial 10-year term.

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