BP - Net Lease Property for Sale
East Bethel, MN
Key Investment Metrics
Price
$1,775,000
Cap Rate
6.8%
Net Operating Income
$120,000
Building Size
3585 SF
Lot Size
3,585 SF
Land Area
1.28 Acres
Remaining Term
15 years
Lease Expiration
06/30/2041
Lease Term
15.1 years
Lease Commencement
05/29/2026
Lease Type
Absolute NNN
Year Built
1996
Occupancy
100%
Tenancy
Single
Rent Increases
Yes
About This BP Net Lease Property
This BP NNN (triple net lease) property is located in East Bethel, MN and represents an excellent investment opportunity for commercial real estate investors. The property features 3585 square feet of building space and was built in 1996.
With a cap rate of 6.8%, this BP net lease property offers stable income potential. The asking price is $1,775,000, making it an attractive option for 1031 exchange investors seeking quality BP commercial properties.
Why Invest in BP NNN Properties?
- Stable Income: BP net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: BP is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
East Bethel, MN Market Overview
Located in East Bethel, MN, this BP property benefits from strong local demographics and market fundamentals. The East Bethel area offers excellent visibility and accessibility, making it an ideal location for BP operations and a solid investment for net lease property buyers.