Maurices | Fergus Falls, MN

Retail / Posted 2 months ago by Brian Brisky, Brisky Net Lease / 63 views

  • Price : $950,000
  • Cap Rate : 8.16%
  • Net Operating Income : $77,500
  • Tenant : Maurices
  • Lease Type : NN - Minimal Landlord Responsibilities
  • Lease Term Remaining (Years) : 3
  • Building Size (SF) : 5,000
  • Land Area (Acres) : 0.53
  • Year Built : 2013

This Maurices store is a great investment opportunity right off Interstate 94 in Fergus Falls, MN. Excellently located in a dense retail corridor in close proximity to Home Depot, Fleet Farm and Walmart. Additional area retailers include Arby’s, Taco Bell, Burger King, Jimmy John’s, McDonalds, Sherwin Williams and much more. In addition, this property has great visibility with traffic counts exceeding 11,000 vehicles per day. This property offers investors an opportunity to invest in a single tenant net lease property with minimal landlord responsibilities.

Fergus Falls is a micropolitan city located off Interstate 94. The city has a diversified economy that includes healthcare, manufacturing, commercial, agricultural, information technology, and utilities. Fergus Falls features many different parks, stores, and other tourist attractions. The county, Otter Tail, is home to over 1,000 lakes which is more than any other county in Minnesota. The massive amount of beautiful clean lakes and wooded areas near Fergus Falls is a major attraction for people interested in vacationing in the area. The city is also home to several arts and culture organizations and has a reputation of being a cultural hub in West Central Minnesota.
Maurices is a women’s apparel retailer that celebrates feel good fashion for real life. It’s committed to its service with style promise and offering affordable fashion that take women from workday to weekend and all of life’s adventures in between. Established in 1931, Maurices operates 930+ stores in communities across North America.
PROPERTY HIGHLIGHTS
• Excellently Located Right Off Interstate 94
• Significant Sales Growth in the Past 2 Years
• Neighbors all the Major Retailers in Town
• 1 Mile from MN State Community & Technical College Fergus Falls
• Growing Population and Strong Demographics

601 Frontier DriveMinnesota,56537

Brian Brisky
Brisky Net Lease

612-413-4200

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