Cleeman Realty Group is pleased to announce the $5,125,000 off-market sale of a NNN Hy-Vee in Fairmont, MN. The 54,740 square foot grocery store is located at 907 S. State Street and sits on a 5.27-acre lot. Hy-Vee has been at this location since 1991 and added a gas station and convenience store in 2011.
Jeremy Scheer of Cleeman Realty Group represented the buyer in this transaction. “The buyer was attracted to the low rent and long-term net lease with zero landlord responsibilities. It was an excellent addition to a portfolio that already featured several single tenant Hy-Vee properties,” said Scheer.
Cleeman Realty is a prominent real estate brokerage firm specializing in commercial properties. With a reputation for excellence and a commitment to delivering superior results, Cleeman Realty has become a trusted partner for buyers and sellers in the commercial real estate market. By combining in-depth market knowledge, a vast network, and innovative strategies, Cleeman Realty offers unparalleled service and expertise to clients across various industries.
For more information about Cleeman Realty, please visit www.cleeman.com.