For Sale: Savage MLS# 6778707
Active
NEW!
$1,685,500
Commercial: 1 Story
Built 2003
0.99 acres
Prior Lake-Savage Area Sch schools
MLS# 6778707
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Property Description
Absolute NNN deal with one of the fastest growing brands in the quick-lube industry-Costa Oil. 14 years left on the base term. Tenant has 3 five year renewal options. 2% annual increases in base rent. Property is an out lot to Target. Annual net rent is $112, 088 (October 2025).
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,685,500
Property Type:
Commercial
City:
Savage
Garage Spaces:
4
County:
Scott
Year Built:
2003
State:
MN
Property Style:
1 Story
Zip Code:
55378
Subdivision Name:
Savage Crossings 2nd Add
Exterior
Stories:
One
Garage Spaces:
4
Other Parking Spaces:
15
Foundation Size:
2,000 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Paved
Exterior Material:
Block
Lot & Land
Acres:
0.99
Geolocation:
44.745237, -93.375661
Inclusions:
Building, Leases
Lot Dimensions:
1 x 1 x 1 x 1
Zoning:
Business/Commercial
Schools
School District:
719
District Phone:
952-226-0000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$23,454
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$23,454
Rent
Annual Net Income:
$112,088
Units
Total Units:
1
Miscellaneous
Current Use:
- Automotive
- Commercial
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Entheos Commercial Realty, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.