1906 8th Street Northwest

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1906 8th Street Northwest

Austin, MN 55912
Asking Price
$3.20M
Cap Rate
6.72%
Asset Type
Restaurant Retail
Class
Class B

What's Special

Austin Supercenter offers stable tenancy in one of Austin’s strongest retail corridors. <p><span style="color: rgba(26,42,67,var(--O42jJQ,1))">Austin Supercenter is a 20,140 SF multi-tenant retail center located in Austin, Minnesota. The property is anchored by Hormel Foods, a major employer in the area, with this location serving as a key resource for Hormel employees—driving consistent, daily traffic to the center.</span></p><p><span style="color: rgba(26,42,67,var(--O42jJQ,1))">The shopping center is strategically positioned near strong national retailers including Walmart, Hobb

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.46%
Monthly Payment
$15,831.854
Annual Cash Flow
$-109,982.248

Location & Travel Times