310 50th Ave W

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Fleet Farm property located in Alexandria, Minnesota.

Fleet Farm has a successful operating history at this location since 2000. Fleet Farm is currently operating on a long-term lease through October

2041. The lease is absolute triple net and features no landlord responsibilities. There are 2% annual rental escalations throughout the primary

term. The lease also contains four 5-year renewal options.

The 191,834-square-foot building is located along 50th Avenue Southeast and is near Interstate 94, which sees over 17,000 vehicles daily and

connects to Minneapolis. Situated in the area’s primary retail corridor, the property is surrounded by major retailers, including Menards, Target,

Walmart, ALDI, and national dining chains like McDonald’s, Culver’s, Taco Bell, and Starbucks. Just minutes from Alexandria Area High School,

with 1,300 students, the property serves a population of over 30,000 within a 10-mile radius, where the average household income exceeds

$102,000.