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33422372
33422369

1906 8th Street Northwest, Austin, MN 55912

AB
MN 40976637
Hamilton Real Estate Group
Hamilton Real Estate Group
Listed by Hamilton Real Estate Group
$3,200,000
0 days on market
Updated 0 days ago

1906 8th Street Northwest

Details
Property Type Retail
Sub Type Restaurant, Storefront (+1)
Cap Rate 6.72%
NOI $215,232
Occupancy 100%
Tenancy Multi
Year Built 2007
Acreage 6.720
Parking Spaces 79 spaces
Ground Lease No
Sale Condition For sale by owner

Austin Supercenter offers stable tenancy in one of Austin’s strongest retail corridors.

Marketing description

Austin Supercenter is a 20,140 SF multi-tenant retail center located in Austin, Minnesota. The property is anchored by Hormel Foods, a major employer in the area, with this location serving as a key resource for Hormel employees—driving consistent, daily traffic to the center.

The shopping center is strategically positioned near strong national retailers including Walmart, Hobby Lobby, Aldi, and numerous other national brands, further enhancing visibility and customer draw.

With its combination of a stable anchor tenant, proximity to major employers, and placement within a proven retail corridor, Austin Supercenter offers buyers a compelling opportunity for long-term income and stability.

Investment highlights

Austin Supercenter is a 20,140 SF multi-tenant retail center located in Austin, Minnesota. The property is anchored by Hormel Foods, a major employer in the area, with this location serving as a key resource for Hormel employees—driving consistent, daily traffic to the center.

The shopping center is strategically positioned near strong national retailers including Walmart, Hobby Lobby, Aldi, and numerous other national brands, further enhancing visibility and customer draw.

With its combination of a stable anchor tenant, proximity to major employers, and placement within a proven retail corridor, Austin Supercenter offers buyers a compelling opportunity for long-term income and stability.

Listing Contacts

AB
MN 40976637
Hamilton Real Estate Group
Hamilton Real Estate Group
Listed by Hamilton Real Estate Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$215,232.00
$17,936.00/mo

Valuation Metrics

0
DSCR
6.73%
Cap Rate
6.73%
ROI

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Additional Information

Name
Andy Bianco
License
40976637
Brokerage
Hamilton Real Estate Group
Brokerage Phone
5072811002
Title
MN
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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