140 30th Avenue SE, Benson, MN 56215

$2,750,000
Property Type: Commercial Lot Size (sq. ft.): 601,128 Status: Active
Current Price: $2,750,000 List Date: 11/25/2025 Last Modified: 5/08/2026

Overview

Description

This is a rare and outstanding sale-leaseback investment opportunity that delivers immediate, guaranteed cash flow and strong upside potential. Priced at just $2,750,000, this 70,000 sq ft commercial building features a stable existing tenant secured under a triple-net lease at $4.00 per sq ft, generating $260,000 in annual rent. With the rate fixed for the first five years, investors enjoy a compelling 9.45 cap rate and reliable returns starting from day one.

Listing Details MLS# 6819999

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
50
Owner Occupied
Yes
Waterfront Present
No
Year Built
1975
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Industrial
Foundation Size
64630
Garage Stalls
Yes
For Sale or Lease
For Sale
Acres
13.8
Lot Dimensions
652x2528
Assessment Pending
Unknown

Property Features

Accessible: Doors 36"+; Partially Wheelchair CMU Style: Business Opportunity; Freestanding; Industrial; Mixed Use; Office; Storage Unit; Truck Terminal; Warehouse Construction Status: Previously Owned Current Use: Commercial; Industrial; Manufacturing; Storage Facility; Warehouse Exterior: Steel Siding Foundation: Slab Fuel: Natural Gas Heating: Forced Air; Radiant; Other Loan Terms: Cash; Conventional On Site Utilities: Electric Common; Heating Common Parking Characteristics: Gravel Lot; Paved Lot; Storage Potential Use: Diversified; Income; Office; Shop; Warehouse Sewer: Private Sewer Stories: Two Tenant Pays: All Utilities; Exterior Maintenance; Insurance; Repairs; Taxes Water: Private

Contract Information

Contingency
None
ListPrice
2750000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
140
Street Name
30th
Street Suffix
Avenue
Street Direction Suffix
SE
Postal City
Benson
County
Swift
State
MN
Zip Code
56215

Assessments

Tax With Assessments
17936
Assessment Balance
0

Building Information

Building Finished SqFt
70124
Building SqFt
65000

More Information

Income and Expenses

Annual Gross Income
260000
Annual Net Income
260000

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
39
Section#
9
Township#
121

Sale Options

Sale Includes
Building, Other

Unit 1

Unit Number
Yes
Monthly Rent
21667
Leased?
Yes
Lease Expiration Date
2031-09-30

Unit Details

Total Units
Yes

Office/Member Info

Association
WCAR

Location, Tax and Other Information

Legal Description
PT SE1/4 OF NE1/4 BEG AT THE NW COR OF SEC 9, THEN S 232.9 FT, THEN LEFT 66 DEG 37 FT FOR 5121.4 FT, THEN AT RT ANGLES FOR 50.5 FT TO THE PT OF BEG; THEN NLY 549.5 FT; THEN N 0 DEG 23 MIN 29 SEC W 852.76 FT, THEN EAST 354.45 FT TO EAST LINE OF SEC 9, THEN S ON EAST LINE OF SEC 9 TO A POINT INTERSECTED BY A LINE PARA AND 50.5 FT N O F THE NLY BOUND LINE OF #12, THEN WLY TO PT OF BEG EXC THAT PT DESC AS BEG AT THE PREVIOUS PT OF BEG THEN NLY AT RIGHT ANGLE TO TH#12 549.5 FT,T HEN NO 0 DEG 23 MIN 2 9 SEC W 152.76 FT TO PT OF BEG OF EXCEPT. THEN CONT N ON PREVIOUS DES LINE 75 FT, THEN E 354.45 FT TO EAST LINE OF SEC 9, TH EN SO 75 FT ON EAST LINE, THEN W TOPT OF BEG CONT. .61 ACRES D-6
Listing City
Benson
Map Page
999
Municipality
Benson
School District
Benson
School District Phone
320-843-2710
Zip Plus 4
2103
Property ID Number
200162000
Tax Year
2025
Tax Amount
17936
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This is a rare and outstanding sale-leaseback investment opportunity that delivers immediate, guaranteed cash flow and strong upside potential. Priced at just $2,750,000, this 70,000 sq ft commercial building features a stable existing tenant secured under a triple-net lease at $4.00 per sq ft, generating $260,000 in annual rent. With the rate fixed for the first five years, investors enjoy a compelling 9.45 cap rate and reliable returns starting from day one.
Directions
From Benson, take hwy 12 East. The building will be on the North side of the road on the East edge of town.

Accessible

Doors 36"+
Yes
Partially Wheelchair
Yes

Construction Status

Previously Owned
Yes

Exterior

Steel Siding
Yes

Foundation

Slab
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
Radiant
Yes
Other
Yes

Parking Characteristics

Gravel Lot
Yes
Paved Lot
Yes
Storage
Yes

Sewer

Private Sewer
Yes

Stories

Two
Yes

Water

Private
Yes

Tenant Pays

All Utilities
Yes
Exterior Maintenance
Yes
Insurance
Yes
Repairs
Yes
Taxes
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes

CMU Style

Business Opportunity
Yes
Freestanding
Yes
Industrial
Yes
Mixed Use
Yes
Office
Yes
Storage Unit
Yes
Truck Terminal
Yes
Warehouse
Yes

Current Use

Commercial
Yes
Industrial
Yes
Manufacturing
Yes
Storage Facility
Yes
Warehouse
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Potential Use

Diversified
Yes
Income
Yes
Office
Yes
Shop
Yes
Warehouse
Yes
Listing Office: Edina Realty
IDX
Last Updated: May - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.