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Pending
$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
    Sold Date: 0000-00-00
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Pending
    Contingency: None
    Year Built: 1978
    City: Saint Cloud
    County: Stearns
    State: MN
    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
    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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    Get to know our Home Mortgage Professionals

    Justin
    Larson
    Movement
    Jason
    Roaldson
    CrossCountry
    Jeff
    Zajac
    TruStone
    Justin Larson
    Loan Officer
    Movement Mortgage NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.
    320-296-9177

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