Charles Pinter

High Foot traffic, Great visibility. Only 1 Unit left!High Foot traffic, Great visibility. Only 1 Unit left!

We Are Pleased to Present to Qualified Investors an Opportunity to Purchase a Value-add Retail Shopping Center Mall (Five Lakes Centre) Located in Fairmont, Mn That Provides Significant Upside Potential Through Lease Up of a Big Box and Small Shops.​ Five Lakes Centre is a 192,240 Sf Regional Retail Hub Located on 17.78 Acres and Positioned on the Main North/south Corridor of State St and Located Less Than 2 Miles From Interstate 90 (Main East/west Regional Corridor).​ This Opportunity Additionally Includes the Added Benefit of the Owner Spending Close to $200,000 on Parking Lot Capital Improvements.​ Fairmont, Mn is the County Government Seat of Martin County Ensuring Long-term Job Stability and Higher Household Incomes.​ It is One of the State’s Most Affordable Places to Live and Features a Healthy Business Environment With Over 780 Businesses, Some of Which Include the Mayo Clinic Health System, 3m, Hy-vee, Walmart, Fairmont Foods and More.​ This is a Unique Opportunity to Purchase a Value-add Retail Center, Priced on Actual Income at Well Below Replacement Cost, Sitting on Over 17.78 Acres of Land, Providing an Attractive Entry Point to Reposition the Asset for Future Occupancy and Rental Growth.​

Other Tenants @ this Shopping Center include:, Dollar General, Dollar Tree, H&amp;R Block, Rent A Center, Hibbett Sports, and many more fine stores. All vacant spaces are negotiable! Parking: 537 Surface spaces are available

Charles Pinter

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3 properties

Carlsbad

Properties for sale by listing agent Charles Pinter

$4,000,000

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