Kwik Trip NNN Property For Sale — Plymouth, MN
1605 ANNAPOLIS LANE, Plymouth, MN 55441
An exceptional investment opportunity featuring a Kwik Trip property with an absolute triple net corporate ground lease. The tenant is responsible for all operating expenses, ensuring a truly passive investment with no landlord responsibilities. Located on a highly visible outparcel of a Home Depot center, the property benefits from strong demographics with a median household income exceeding $86,000 and a population of over 60,000 within a three-mile radius. The site enjoys excellent visibility from County Road 6 and I-496, with traffic counts of approximately 13,000 VPD on County Road 6. The surrounding area is a vibrant mix of commercial and industrial businesses, including national retailers such as Walgreens, Starbucks, McDonald’s, and Target.
- Address: 1605 ANNAPOLIS LANE, Plymouth, MN 55441
- Asking price $2.13M
- 6.25% cap rate
- NOI $133,125
- 1 years remaining
- NNN lease
- Year built: 1999
- Building size: 4,830 SF
- Lot size: 1.12 acres
- Lease expiration: Apr 24, 2024
- Rent increases: 10% in each option period
- Guarantor: Corporate
Location
This Kwik Trip property is at 1605 ANNAPOLIS LANE in Plymouth, Minnesota.
Asset type: Retail