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Active
Listed
$2,394,000
/mo   Edit
MLS# 5216945
Commercial
Built 1978
0.41 acres
St. Cloud schools
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    Description:   This listing features two national tenants (AT&T &Galls) & is located near the corner of Hwy 15 & Division St in the city of St. Cloud in central Minnesota. This intersection is ranked as the 7th busiest intersection in the state of Minnesota. St Cloud is located approximately one hour NW of Minneapolis. These two businesses are solid companies with over 100 stores each (and growing) across the US. This high traffic location offers investors very stable cash flow. This turnkey NNN leased offering, consists of long terms, attractive rent increases.The building was completely renovated and professionally designed in 2014 with no expense spared in finishes. You simply can't find a better location with good access and exceptional visibility.
    List Price: $2,394,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1978
    City: Saint Cloud
    Zip Code: 56301

    Interior

    Building Fin Sq Ft: 7,060 ft²
    Basement Details: None

    Exterior

    Air Conditioning: Central
    Heating System: Forced Air
    Foundation Size: 7,060 ft²
    Shared Amenities: Lawn Sprinkler
    Handicap Accessible: Wheelchair Ramp, No Stairs External, Hallways 42"+, Door Lever Handles, Grab Bars In Bathroom
    Exterior Material: Stucco
    Garage Spaces: 0
    Other Parking Spaces: 21

    Lot

    Acres: 0.41
    Latitude: 45.55372100
    Longitude: -94.20208000
    Lot Size Dim.: 148x122
    Dev/Complex Name: Garden Acres Add
    Zoning: Business/Commercial

    Schools

    School District: 742 - St. Cloud
    District Phone: 320-253-9333

    Expenses

    Tenant Expenses: Taxes, Insurance, Water/Sewer, Electric, Fuel, Maintenance/Repair, Janitorial, Trash, Snow, Lawn, Cable T.V., Broadband

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $30,704
    Assessment Pending: No
    Taxes w/ Assessments: $30,704

    Income

    Annual Gross Income: 173636.00

    Unit

    Total Units: 2

    Miscellaneous

    Current Use: Retail
    Fuel System: Natural Gas, Electric
    Sale Includes: Building, Land, Leases
    Sewer System: City Sewer/Connected
    Utilities: Heating Separate, Electric Separate, Hot Water Separate
    Water System: City Water/Connected

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