4423 72nd St

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4423 72nd St

Walker, MN 56484
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

4423 72nd St is located in Walker, Minnesota, situated near the southwestern shore of Leech Lake. The property sits within a mixed-use corridor characterized by a blend of local businesses, hospitality services, and seasonal residential developments. The neighborhood serves as a primary commercial hub for the surrounding Cass County area. Nearby amenities include regional parks, public boat launches, and local dining establishments that cater to both year-round residents and seasonal tourists. Access to the site is provided via State Highway 371 and Highway 200, which are the main arterial routes connecting Walker to Brainerd and Bemidji. The property is suited for retail operations that benefit from high seasonal foot traffic and regional commuter patterns. Ideal use cases include boutique storefronts, outdoor gear outfitters, specialty food services, or convenience-based establishments. A typical tenant profile for this asset includes established local operators seeking proximity to the lakefront or national retailers requiring visibility along the primary northern Minnesota transit corridors. The building's layout supports versatile merchandising strategies, making it a functional space for businesses requiring a combination of showroom area and inventory storage to serve the diverse needs of the local community and visiting recreationalists.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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