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Single-Tenant Net Lease Investment

Single-Tenant Net Lease Investment 120 Garfield St S, Cambridge, MN

Property Highlights

  • Established Subway location with long-term operating history
  • Expected 5-Year lease renewal begining December 2026
  • Attractive entry basis with near-term upside via renewal
  • Positioned in a growing trade area
  • NEW development coming to adjacent lots including Chipotle and Les Schwab Tires
Demographic Information (5-mile radius)
16,257
$97,430
$79,871
Property Details
$820,000
6.50%
1,784 Sq Ft
Retail
2002
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Property Summary

• Tenant exercising renewal commencing December 2026 • Rental increases of 2% annually • Net lease structure with tenant reimbursing CAM and real estate taxes • CAM reimbursement: ~$3.92 PSF ($7,000 annually) • Real estate tax reimbursement: ~$7.71 PSF ($13,748 annually) • Established operating location with long-term occupancy history

Contact

Kirby Pieri
612-465-8523
kirby@upland.com

Joshua Huempfner
612.465.8522
josh@upland.com