1423 2nd St N

1423 2nd St N, Sauk Rapids, MN 56379

Property Information

  • For Sale $2,796,377
  • Property Type Retail
  • Property Size 5,254 SF
  • Lot Size 1.09 Acre
  • Year Renovated 2019
  • Date Updated Oct 13, 2026

Description

  • Absolute net lease (NNN) Investment featuring zero landlord responsibilities, providing passive income
  • Investment-grade credit tenant (S&P: BBB+) Holiday Stationstore is a subsidiary of Alimentation Couche-Tard
  • Adjacent to US Route 10, located directly next to the on-ramp and off-ramp of the major Minnesota highway
  • Strong 2.5% annual increases
  • Tenant signed a new 10-Year lease in March of 2023 showing a continued long term commitment to this location
  • This is the first time the property has been listed for sale by ownership
  • Tenant has been operating out of this location since 1998
  • (2) Five-Year Options remaining which would take this lease all the way to 2043 

Contacts

Location

Contact Listing Broker
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