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Broker

Keith Sturm

Upland Real Estate Group, Inc.
Principal/CEO
  • 25Active Listing
  • 0Under Contract
  • 7Sold Transactions

With over 25 years of experience in commercial real estate, Keith Sturm is the Principal and CEO of Upland Real Estate Group, Inc, which he founded in 1995. Under his leadership, Upland has been consistently recognized as one of the top commercial real estate brokerage firms by the Minneapolis/St. Paul Business Journal. Keith has also been awarded the “Power Broker” in four out of five years since 2010, as a Top Brokerage Firm in Sales Transactions by Real Estate Forum and CoStar. Keith has many responsibilities as Principal and CEO of a small firm, working to create big business services with the attentiveness you expect from a boutique shop. Besides the day-to-day tasks of running a business, Keith also oversees both net lease sales and the brokerage team. Keith has completed over 850 net lease transactions, totaling more than $2.1 billion in national real estate investment sales. In addition, he has represented both landlords and tenants in leasing over 2 million square feet of office, industrial, and retail space. Passionate about his profession, Keith is an active member of the regional real estate community. He has served on many boards and committees over the years, including President of the Minnesota/Dakotas Chapter of CCIM in 2004, former President of the St. Cloud State Real Estate Alumni Association, and current member of the St. Cloud State Foundation’s Real Estate Committee.

Licensed in: MN
50 South 6th Street Suite 1418 Minneapolis, MN 55402

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1305 Crystal Lane, Chaska, MN , 55318
  • Size SF4,809
  • Built/Renov1998
  • Price/SF$367
  • Lease Start10-01-2010
  • Rent/SF$24.79
  • Lease Type Abs NNN
  • Lot/AC0.67
  • Pop 5MI95,083

1,766,341

  • Cap Rate 6.75%
  • NOI $119,228
  • R. Term/Yrs 6.4
  • Guarantor Corporate
  • # Units 470
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Long operation history

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Big O Tires
  • Guarantor Corporate
  • #Units 470
  • Stock Private
8950 East Kings Highway, Shreveport, LA , 71115
  • Size SF20,043
  • Built/Renov1998
  • Price/SF$279
  • Lease Start03-18-2022
  • Rent/SF$17.44
  • Lease Type Abs NNN
  • Lot/AC3.50
  • Pop 5MI99,554

5,593,190

  • Cap Rate 6.25%
  • NOI $349,574
  • R. Term/Yrs 12.10
  • Guarantor Corporate
  • # Units 15
  • Build to suit

  • Oversized lot

  • Near major nationals

  • Strategically located

  • Affluent suburb location

  • Major MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant St. Joseph Hospice
  • Guarantor Corporate
  • #Units 15
  • Stock Private
507 Upstream Street, River Ridge, LA , 70123
  • Size SF10,138
  • Built/Renov2005
  • Price/SF$197
  • Lease Start03-18-2022
  • Rent/SF$12.31
  • Lease Type Abs NNN
  • Lot/AC0.24
  • Pop 5MI191,879

1,997,568

  • Cap Rate 6.25%
  • NOI $124,848
  • R. Term/Yrs 12.10
  • Guarantor Corporate
  • # Units 15
  • Build to suit

  • Near major nationals

  • Strategically located

  • Highway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant St. Joseph Hospice
  • Guarantor Corporate
  • #Units 15
  • Stock Private
923 West Pinhook Road, Lafayette, LA , 70503
  • Size SF17,409
  • Built/Renov2016
  • Price/SF$444
  • Lease Start03-18-2022
  • Rent/SF$27.74
  • Lease Type Abs NNN
  • Lot/AC1.60
  • Pop 5MI125,723

7,726,393

  • Cap Rate 6.25%
  • NOI $482,900
  • R. Term/Yrs 12.10
  • Guarantor Corporate
  • # Units 15
  • Build to suit

  • Dense retail corridor

  • Strategically located

  • Highway close

  • Strong demographics

  • Major MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant St. Joseph Hospice
  • Guarantor Corporate
  • #Units 15
  • Stock Private
10545 Jefferson Highway, Baton Rouge, LA , 70809
  • Size SF2,600
  • Built/Renov1960/2010
  • Price/SF$192
  • Lease Start03-18-2022
  • Rent/SF$12.00
  • Lease Type Abs NNN
  • Lot/AC0.53
  • Pop 5MI191,260

499,392

  • Cap Rate 6.25%
  • NOI $31,212
  • R. Term/Yrs 12.10
  • Guarantor Corporate
  • # Units 15
  • Build to suit

  • Dense retail corridor

  • Strategically located

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant St. Joseph Hospice
  • Guarantor Corporate
  • #Units 15
  • Stock Private
10615 Jefferson Highway, Baton Rouge, LA , 70809
  • Size SF16,400
  • Built/Renov2008
  • Price/SF$426
  • Lease Start03-18-2022
  • Rent/SF$26.64
  • Lease Type Abs NNN
  • Lot/AC0.57
  • Pop 5MI191,260

6,991,488

  • Cap Rate 6.25%
  • NOI $436,968
  • R. Term/Yrs 12.10
  • Guarantor Corporate
  • # Units 5
  • Build to suit

  • Dense retail corridor

  • Strategically located

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant The Carpenter House
  • Guarantor Corporate
  • #Units 5
  • Stock Private
2450 Mount Pleasant Road, Hernando, MS , 38632
  • Size SF5,400
  • Built/Renov2003
  • Price/SF$240
  • Lease Start05-09-2003
  • Rent/SF$12.59
  • Lease Type Double NN
  • Lot/AC0.40
  • Pop 5MI25,763

1,295,300

  • Cap Rate 5.25%
  • NOI $68,004
  • R. Term/Yrs 16.1
  • Guarantor Corp R + T
  • # Units 7,140
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO
17481 State Highway 58, Decatur, Tennessee , 37322
  • Size SF6,786
  • Built/Renov2007
  • Price/SF$260
  • Lease Start08-01-2007
  • Rent/SF$14.30
  • Lease Type Double NN
  • Lot/AC1.13
  • Pop 5MI5,287

1,764,400

  • Cap Rate 5.50%
  • NOI $97,044
  • R. Term/Yrs 15.2
  • Guarantor Corp R + T
  • # Units 7,140
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Income tax free state

  • Long 15+ yr lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO
121 Montgomery Crossing, Biscoe, NC , 27209
  • Size SF7,370
  • Built/Renov2006
  • Price/SF$237
  • Lease Start10-01-2006
  • Rent/SF$13.03
  • Lease Type Double NN
  • Lot/AC1.00
  • Pop 5MI6,760

1,745,500

  • Cap Rate 5.50%
  • NOI $96,000
  • R. Term/Yrs 14.4
  • Guarantor Corp R + T
  • # Units 7,140
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Long operation history

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant AutoZone
  • Guarantor Corp T and Rated
  • #Units 7,140
  • Moody's/S&P Baa1/ BBB
  • Stock NYSE: AZO
2077 SE Washington Blvd, Bartlesville, OK , 74006
  • Size SF4,465
  • Built/Renov2002
  • Price/SF$435
  • Lease Start06-01-2018
  • Rent/SF$29.40
  • Lease Type Abs NNN
  • Lot/AC1.00
  • Pop 5MI39,355

1,944,445

  • Cap Rate 6.75%
  • NOI $131,250
  • R. Term/Yrs 9.0
  • Guarantor Corporate
  • # Units 60
  • Recent renovation

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • University college close

  • Top 100 MSA

  • Affluent suburb location

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant RibCrib BBQ
  • Guarantor Corporate
  • #Units 60
  • Stock Private
4035 Challenger Avenue Northeast, Roanoke, VA , 24012
  • Size SF4,578
  • Built/Renov2009
  • Price/SF$1,387
  • Lease Start11-15-2018
  • Rent/SF$93.59
  • Lease Type Abs NNN
  • Lot/AC1.11
  • Pop 5MI89,332

6,347,650

  • Cap Rate 6.75%
  • NOI $428,465
  • R. Term/Yrs 14.6
  • Guarantor Corporate
  • # Units 280
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Major MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Accelerated depreciation

  • Annual rent increases

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Tenant Zips Car Wash
  • Guarantor Corporate
  • #Units 280
  • Stock Private
3805 Wards Road, Lynchburg, VA , 24502
  • Size SF4,456
  • Built/Renov2015
  • Price/SF$1,795
  • Lease Start11-15-2018
  • Rent/SF$116.76
  • Lease Type Abs NNN
  • Lot/AC0.94
  • Pop 5MI89,223

7,999,500

  • Cap Rate 6.50%
  • NOI $520,280
  • R. Term/Yrs 14.6
  • Guarantor Corporate
  • # Units 280
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • University college close

  • Absolute NNN

  • Long 10+ yr lease

  • Accelerated depreciation

  • Annual rent increases

  • Corporate Guarantee

  • Over 100 Units backed

  • ...
  • Tenant Zips Car Wash
  • Guarantor Corporate
  • #Units 280
  • Stock Private
1780 Lininger Lane, North Liberty, IA , 52317
  • Size SF17,728
  • Built/Renov2005/2007
  • Price/SF$189
  • Lease Start07-01-2021
  • Rent/SF$12.26
  • Lease Type Abs NNN
  • Lot/AC2.11
  • Pop 5MI44,243

3,344,830

  • Cap Rate 6.50%
  • NOI $217,414
  • R. Term/Yrs 12.1
  • Guarantor Corporate
  • # Units 5
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Affluent AHHI $100K 5 Mi

  • Major MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • Tenant The Learning Grove Academy
  • Guarantor Corporate
  • #Units 5
  • Stock Private
18233 South Halsted Street, Glenwood, IL , 60425
  • Size SF2,500
  • Built/Renov2002
  • Price/SF$608
  • Lease Start04-01-2023
  • Rent/SF$42.59
  • Lease Type Abs NNN
  • Lot/AC0.36
  • Pop 5MI197,603

1,521,150

  • Cap Rate 7.00%
  • NOI $106,480
  • R. Term/Yrs 8.10
  • Guarantor Franchisee
  • # Units 550
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Accelerated depreciation

  • Top franchise operator

  • ...
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 550
  • Moody's/S&P Aa2/ AA-
  • Stock NYSE: SHEL
14007 South Cicero Avenue, Crestwood, IL , 60445
  • Size SF2,188
  • Built/Renov1992
  • Price/SF$721
  • Lease Start04-01-2023
  • Rent/SF$48.67
  • Lease Type Abs NNN
  • Lot/AC0.32
  • Pop 5MI263,206

1,577,480

  • Cap Rate 6.75%
  • NOI $106,480
  • R. Term/Yrs 8.10
  • Guarantor Franchisee
  • # Units 550
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Top franchise operator

  • ...
  • Tenant Jiffy Lube
  • Guarantor Franchisee
  • #Units 550
  • Moody's/S&P Aa2/ AA-
  • Stock NYSE: SHEL
115 East Gibson Street, Jasper, TX , 75951
  • Size SF5,396
  • Built/Renov2018
  • Price/SF$434
  • Lease Start10-05-2018
  • Rent/SF$28.23
  • Lease Type Abs NNN
  • Lot/AC0.73
  • Pop 5MI9,616

2,343,774

  • Cap Rate 6.50%
  • NOI $152,345
  • R. Term/Yrs 9.5
  • Guarantor Corporate
  • # Units 494
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Highway location

  • Income tax free state

  • Long operation history

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Grease Monkey | Excel Car Wash
  • Guarantor Corporate
  • #Units 494
  • Stock Private
1205 6th Avenue Southeast, Aberdeen, SD , 57401
  • Size SF3,440
  • Built/Renov2002
  • Price/SF$490
  • Lease Start10-01-2023
  • Rent/SF$26.96
  • Lease Type Abs NNN
  • Lot/AC0.98
  • Pop 5MI30,615

1,686,254

  • Cap Rate 5.50%
  • NOI $92,744
  • R. Term/Yrs 19.4
  • Guarantor Franchisee
  • # Units 109
  • Major thoroughfare

  • Dense retail corridor

  • Near major nationals

  • Affluent suburb location

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • Credit rated company

  • ...
  • Tenant Arby's
  • Guarantor Franchisee
  • #Units 109
  • Moody's/S&P B2/ B+
  • Stock Private
5697 Blaine Avenue East, Inver Grove Heights, MN , 55076
  • Size SF2,325
  • Built/Renov2023
  • Price/SF$1,369
  • Lease Start12-30-2023
  • Rent/SF$75.27
  • Lease Type Double NN
  • Lot/AC0.85
  • Pop 5MI139,754

3,181,818

  • Cap Rate 5.50%
  • NOI $175,000
  • R. Term/Yrs 14.7
  • Guarantor Corp Traded
  • # Units 3,437
  • New construction

  • Near major nationals

  • Strategically located

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant Chipotle Mexican Grill
  • Guarantor Corp Traded
  • #Units 3,437
  • Stock NYSE: CMG
1663 North Humiston Avenue, Worthington, MN , 56187
  • Size SF3,130
  • Built/Renov1986/2003
  • Price/SF$549
  • Lease Start10-01-2023
  • Rent/SF$34.95
  • Lease Type Abs NNN
  • Lot/AC0.69
  • Pop 5MI14,513

1,717,455

  • Cap Rate 5.50%
  • NOI $94,460
  • R. Term/Yrs 19.4
  • Guarantor Franchisee
  • # Units 121
  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Freeway close

  • Strong tenant synergy

  • Long 20+ yr lease

  • Absolute NNN

  • 100+ unit franchisee backed

  • Personal guarantee

  • Credit rated company

  • ...
  • Tenant Arby's
  • Guarantor Franchisee
  • #Units 121
  • Moody's/S&P B2/ B+
  • Stock Private
16248 Central Avenue Northeast, Ham Lake, MN , 55304
  • Size SF9,100
  • Built/Renov2020
  • Price/SF$185
  • Lease Start07-27-2020
  • Rent/SF$10.66
  • Lease Type Abs NNN
  • Lot/AC2.09
  • Pop 5MI55,210

1,686,957

  • Cap Rate 5.75%
  • NOI $97,000
  • R. Term/Yrs 11.2
  • Guarantor Corp R + T
  • # Units 19,294
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Highway location

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
18655 73rd Ave N, Maple Grove, MN , 55311
  • Size SF12,789
  • Built/Renov2021
  • Price/SF$490
  • Lease Start07-01-2021
  • Rent/SF$29.41
  • Lease Type Double NN
  • Lot/AC1.55
  • Pop 5MI111,165

6,268,850

  • Cap Rate 6.00%
  • NOI $376,131
  • R. Term/Yrs 12.1
  • Guarantor Corporate
  • # Units 17
  • New construction

  • Strategically located

  • Highway location

  • Strong tenant synergy

  • Dense 100M+ pop 5 mi

  • Strong demographics

  • New development zone

  • Long 10+ yr lease

  • Annual rent increases

  • Personal guarantee

  • ...
  • Tenant New Creations Child Care
  • Guarantor Corporate
  • #Units 17
  • Stock Private
930 Minnesota 3, Northfield, MN , 55057
  • Size SF10,566
  • Built/Renov2022
  • Price/SF$177
  • Lease Start12-22-2022
  • Rent/SF$9.09
  • Lease Type Abs NNN
  • Lot/AC1.50
  • Pop 5MI25,200

1,865,942

  • Cap Rate 5.15%
  • NOI $96,096
  • R. Term/Yrs 13.7
  • Guarantor Corp R + T
  • # Units 19,294
  • New construction

  • Strategically located

  • Highway location

  • University college close

  • Strong tenant synergy

  • Affluent suburb location

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,294
  • Moody's/S&P Baa3/ BBB
  • Stock NYSE: DG
8400 60th St N, Stillwater, MN , 55082
  • Size SF10,236
  • Built/Renov1960
  • Price/SF$397
  • Lease Start10-05-2020
  • Rent/SF$25.24
  • Lease Type NN+
  • Lot/AC30.67
  • Pop 5MI97,115

4,068,350

  • Cap Rate 6.35%
  • NOI $258,340
  • R. Term/Yrs 6.4
  • Guarantor Corp R + T
  • # Units 590
  • New roof

  • Roof guarantee

  • In location for years

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Favorable NN+ lease

  • Annual rent increases

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant SiteOne Landscape Supply
  • Guarantor Corp T and Rated
  • #Units 590
  • Moody's/S&P Ba1/ BB
  • Stock NYSE: SITE
925 County Rd 42 W, Burnsville, MN , 55306
  • Size SF4,489
  • Built/Renov1992
  • Price/SF$539
  • Lease Start03-03-1992
  • Rent/SF$25.62
  • Lease Type Abs NNN
  • Lot/AC0.36
  • Pop 5MI170,781

2,421,000

  • Cap Rate 4.75%
  • NOI $115,000
  • R. Term/Yrs 2.9
  • Guarantor Corp R + T
  • # Units 8,050
  • In location for years

  • Near major nationals

  • Shopping Ctr out-parcel

  • Highway location

  • Hospital close

  • Dense 100M+ pop 5 mi

  • Affluent AHHI $100K 5 Mi

  • Long operation history

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Wells Fargo
  • Guarantor Corp T and Rated
  • #Units 8,050
  • Moody's/S&P A1/ BBB+
  • Stock NYSE: WFC
326 W Lincoln Ave, Fergus Falls, MN , 56537
  • Size SF14,820
  • Built/Renov2008
  • Price/SF$369
  • Lease Start01-01-2009
  • Rent/SF$23.95
  • Lease Type Abs NNN
  • Lot/AC1.16
  • Pop 5MI16,176

5,461,540

  • Cap Rate 6.50%
  • NOI $355,000
  • R. Term/Yrs 9.7
  • Guarantor Corp R + T
  • # Units 8,896
  • Hard corner intersection

  • In location for years

  • Near major nationals

  • Freeway close

  • University college close

  • Store sales reported

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

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