This listing is under contract.

RH | Minneapolis-1031-DST Investment Opportunity

6801 France Ave S Edina, MN 55435

6801 France Ave S, Edina, MN, 55435
6801 France Ave S, Edina, MN, 55435 6801 France Ave S, Edina, MN, 55435 6801 France Ave S, Edina, MN, 55435 6801 France Ave S, Edina, MN, 55435 6801 France Ave S, Edina, MN, 55435 6801 France Ave S, Edina, MN, 55435 6801 France Ave S, Edina, MN, 55435 6801 France Ave S, Edina, MN, 55435 6801 France Ave S, Edina, MN, 55435
UNDER CONTRACT FOR SALE Off Market Listing NNN Property
Property Type:
Free Standing Building
Amount:
Please Call Broker for Price

Cap Rate:
4.85%
Last Verified:
Jun 07, 2021

The RH | Minneapolis property is located in the CIty of Edina, MN.   Edina is an affluent first-ring suburb just south of Minneapolis and boasts some of the Twin Cities' highest concentration of household wealth and annual household incomes.   The freestanding luxury retail RH Property is situated at the "main & main" corner and entrance to Southdale Center, a super-regional mall, and is immediately across the street from The Galleria of Edina, a shopping center that features a collection of the worlds finest luxury brands, restaurants, and a Westin Hotel & Residence.  France Avenue is the main North / South thoroughfare that connects the heart of Edina's shopping and commerce districts with its residents and area freeway system.  Edina is considered one of the most desirable suburbs in the Minneapolis-St. Paul metro area.

 

A 1031 | DST Investment Opportunity Suitable for Multiple 1031 Exchange Investors
Opportunity to Capture Significant Bonus Depreciation
Loan to Value Ratio: 58%
Anticipated First Year Cash on Cash: 6.00%
Anticipated Investment Holding Period: 10+ years.

 

$50,000 Minimum Equity Investment
Flagship Store
Marquee Location
Absolute NNN (No Landlord Responsibilities)
Creditworthy Tenant
NYSE: RH Market Cap +/-$6 Billion (08.07.2020)
Lease Term: 20 Years


Link to Offering:
(Copy and Paste into Your Browser) https://legacyofferings.com/


Additional URLs

Map of 6801 France Ave S, Edina, MN, 55435

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.