Just Sold! Brisky Net Lease is pleased to announce the sale of this 112,300 SF Becker Furniture distribution center in Becker, Minnesota. Brisky represented an institutional seller with this disposition.
This class A industrial distribution building has an excellent location just off of Highway 10 and is in close proximity to both the Twin Cities and the St. Cloud area. The property is currently leased to long-term tenant, Becker Furniture, and is a mission critical asset for the tenant. This is an easy to own net leased offering with an absolute triple net lease, which has zero landlord responsibilities. The tenant recently extended to secure a 10-year commitment at this core facility, which includes manageable rent with annual bump structure.
Becker Furniture World was founded in 1978 by the Huseby family, who continue to own and run Becker Furniture today. With continuous expansions and innovative retailing, Becker has become a true retail destination. The 250,000 SF Flagship store in Becker, MN is one of the five largest furniture showrooms in the country. (From beckerfurnitureworld.com
Brisky Net Lease represents both buyers and sellers with net lease commercial real estate properties. Brisky Net Lease is based in Minnesota and represents properties all over the nation, to learn more please visit briskynetlease.com.