Investment Overview
Mid-America Real Estate has been retained on behalf of the owner to sell the 100% fee simple interest in the 41,021-square-foot freestanding property located at 12400 Castlemoor Drive in Eden Prairie, Minnesota. The Property is subject to a long-term Amazon Master Lease and a subsequent Lava Island sublease, providing approximately 11.3 years of remaining lease term through March 2038. The subject offering features a Net lease structure and is located within a premier regional retail node.
Investment Highlights
- 11.3-year net lease | Investment grade sublessor guaranty
- Newer construction building | Dominant Eden Prairie retail node
- Investment grade guaranty: AA (S&P) / A1 (Moody's)
- Long-term Amazon master lease with Lava Island sublease
- 41,021-square-foot freestanding property