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Hobby Lobby, 6.77% Cap

2600 American Blvd West
Bloomington, MN 55431

Opened: 10/2015
For Sale
Community Center

 6.77% Cap Rate Single Tenant NN Leased Property. The owner is willing to great creative on purchase to bring cap rate up to 7% @ Sale.
2600 American Blvd, Bloomington, MN.
The subject property is 100% leased to Hobby Lobby Stores, Inc- on a 12 year lease with $0.50 PSF rental escalations every 5 years
during the primary term. In January 2027 (the start of the

KCRE Solutions
Contact: Amy Reher
Phone: (612) 229-3873
Email: amy.reher@karmicco.com
www.karmicco.com

Posted 05-01-2018