MATYSEK INVESTMENT GROUP
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INVESTMENT SUMMARY

206 E Hickory Street Mankato, MN 56001

  • Type
    Single Tenant
  • Price
    $300,000
  • CAP Rate
    6.00%
  • NOI
    $18,000
  • Building Size
    16,000 SF
  • Lease Term
    42 Years
  • Status
    CLOSED
DOWNLOAD OFFERING
MEMORANDUM
CONTACT BROKER

Paul Z. Matysek, CCIM

T: 310.405.0902 paul@matysekinvestment.com

WELLS FARGO
Long-Term Ground Lease with Increases

INVESTMENT HIGHLIGHTS

  • 100% leased to Wells Fargo, multinational retail banks with approximately 5,800 retail branches and 13,000 ATM
  • Long term lease (99 years) with forty two years remain on existing lease.
  • Two lots 4 & 5, including single story bank building with ATM.
  • Massive deposits of over $511,000,000
  • Ground Lease for ease of management
  • 2800 Businesses within 5 miles

 Listed in conjunction with MN Broker of Record KW Commercial