Newport Plaza

Investment Overview

This Multi-tenant, Mixed-use property has been a staple in the Newport area for over 50 years. Located just south of Interstate 494, and just West of Highway 61, this building is in close proximity to major traffic arteries in the Twin Cities metro area. Offered at a 8.62% cap rate, this asset offers a change to realize a 11.28% Cash-on-Cash return at todays interest rates.

Investment Highlights

• 8.88% Cap Rate
• 12.32% Cash-on-Cash Return
• Excellently located near major traffic arteries
• Historically high occupancy levels
• In the City of Newport "downtown" area