67632 440th St.

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67632 440th St.

Fairfax, MN 55332
Asking Price
$500K
Asset Type
Retail
Class
Class B

What's Special

Located at 67632 440th Street in Fairfax, Minnesota, this retail property is situated along a primary regional thoroughfare. The surrounding neighborhood is characterized by a mix of agricultural landscapes and established local businesses catering to the rural community. The site offers direct highway frontage, providing visibility to passing motorists and easy transportation access for logistics and deliveries. Nearby amenities include local service providers, civic offices, and essential community hubs within the city of Fairfax, ensuring a consistent presence of regional visitors. The property is well-suited for a variety of retail applications, including general merchandise stores, specialty boutiques, or agricultural supply showrooms. Its layout and high-visibility location make it an ideal fit for established regional retailers or independent local businesses seeking a stable footprint in Renville County. Typical tenants would likely include service-oriented businesses or retailers requiring significant floor space and accessible customer parking. The asset's positioning supports operations that benefit from a combination of local foot traffic and regional destination shoppers.

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.70
Strong
Cash-on-Cash
33.55%
Monthly Payment
$2,473.232
Annual Cash Flow
$50,321.211

Location & Travel Times