Cap Rate
10.5%
Tot. SF
3,000
202 South 2nd Avenue, Virginia, MN, 55792
Thrifty White$1,259,914
Key Information
Term Remaining
±4.75 Yrs
Type
Retail
NOI
$132,291
Highlights
- Attractive Entry-Level Price Point Paired with a High Capitalization Rate: Offers investors an accessible purchase opportunity with strong initial yield, ideal for yield-focused strategies or portfolio diversification.
- Prominent Hard-Corner Location: Strategically positioned at a signalized intersection, enhancing visibility, accessibility, and daily drive-by exposure for tenants.
- Proximity to Government and Financial Services: Located less than half a mile from a U.S. Bank branch and a St. Louis County Government Services Center, generating consistent daytime traffic and reinforcing tenant demand.
- Close to Key Educational Institution: Just ±0.6 miles from North Star Elementary School, contributing to steady neighborhood foot traffic and supporting a stable customer base for retail tenants.
- Tenant recently renewed a five-year option: Tenant has demonstrated commitment to the site through recently renewing a five-year option that commences in October 2025
Photos
Location
Agents
V
Vincent TanziLicense # 02192818 (CA)
V
Vince ChapeyLicense # 02102058 (CA)
Broker of Record
Brian Brockman
License # 40628603 (MN)Bang Realty, Inc.2939 Vernon Place Cincinnati OH 45219