- For Sale $27,863,271
- Property Type Retail
- Property Size 191,834 SF
- Lot Size 21.02 Acre
- Date Updated May 14, 2026
Description
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Fleet Farm property located in Alexandria, Minnesota.
Fleet Farm has a successful operating history at this location since 2000. Fleet Farm is currently operating on a long-term lease through October
2041. The lease is absolute triple net and features no landlord responsibilities. There are 2% annual rental escalations throughout the primary
term. The lease also contains four 5-year renewal options.
The 191,834-square-foot building is located along 50th Avenue Southeast and is near Interstate 94, which sees over 17,000 vehicles daily and
connects to Minneapolis. Situated in the area’s primary retail corridor, the property is surrounded by major retailers, including Menards, Target,
Walmart, ALDI, and national dining chains like McDonald’s, Culver’s, Taco Bell, and Starbucks. Just minutes from Alexandria Area High School,
with 1,300 students, the property serves a population of over 30,000 within a 10-mile radius, where the average household income exceeds
$102,000.
False
Contacts
The Boulder Group
The Boulder Group
