Fed Rate

4.33%

-0.25%

10Y Treasury

4.21%

+0.15%

CRE Spreads

385 bps

+12 bps

Unemployment

3.9%

-0.1%

CRE Maturity Wall

9.2%

+1.1% YoY

Avg Loan Maturity

5.8 Yrs

-0.3 Yrs

Refi Volume

$185B

+22% YoY

7479 Egan Dr - Image 1
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7479 Egan Dr

Savage, MN

KEY METRICS

Price

$1,685,500

Cap Rate

6.65%

Lease Term

120 months

Sq Ft

4,141

PROPERTY OVERVIEW

Strategic single-tenant property in Savage, MN. Retail property with strong tenant commitment and NNN lease structure.

HIGHLIGHTS

  • Located in Minneapolis/St Paul market
  • Retail property type
  • NNN lease structure
  • Strong cash flow potential

TENANT INFORMATION

Tenant Name

Auto Repair

Years in Business

10+

Credit Rating

Strong

Lease Type

NNN

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FINANCIAL SUMMARY
Annual NOI$112,085.75
Lease Expires2036
Investment TypeInvestment