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Single-tenant NNN freestanding investment opportunity. The 1,569 SF single story building sits on 0.63 acres along E 53rd Street, with traffic counts of 13,000 to 14,400 VPD. Tenant is under a 3-year lease through May 14, 2029 - In-place income: 7% cap rate. The property sits next to Southdale Plaza and less than a mile from I-69 Exit 226, with quick access to the Scatterfield Road retail hub. Do not disturb tenants.
Data Source: MIBOR REALTOR® Association
MLS#: 22135999
Data Source Copyright: © 2026 MIBOR REALTOR® Association All rights reserved.
This property was listed on 11/11/2026 and last updated as of 11/11/2026 3:07:07 PM. OSI IDX updated the data from MIBOR REALTOR® Association on 11/11/2026 at 7:15 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.