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26025-26065 3rd St, Zimmerman, MN, 55398

Gateway Commons
$1,353,305

Key Information

$ per SF
$118
Lot Size
1.26 Acres
Year Built
2000
Type
Shopping Centers
Occupancy
100%
NOI
$96,761
Leasable Area
11,400

Highlights

• Strategic Highway Access: Conveniently situated along Highway 169, offering easy access to neighboring towns such as Princeton and Elk River, enhancing connectivity for residents and visitors.
• High Traffic Visibility: Positioned along Highway 169 with exposure to approximately 25,000+ vehicles per day.
• Prominent Signage & Ample Parking: Monument signage and abundant parking provide convenience and strong tenant visibility.
• NNN Lease Structure: Tenants operate under triple-net (NNN) leases, minimizing landlord responsibilities.
• 100% Occupied Property: Fully leased asset with no current vacancy.
• Growing Market Demographics: The city is experiencing consistent annual population growth, supporting long-term demand.
• Value-Add Tenant Mix: Diverse tenant roster with rental upside and future value-add potential.

Photos

Location

Agents

Broker of Record

Kurt Sauer

License # 40628602, 41005445 (MN)
Matthews of Minnesota, LLC
701 Xenia Ave S, Ste 485 Minneapolis MN 55416