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1370 Mendota Heights Rd 20,190 SF Office Building Mendota Heights, MN 55120 $5,263,456 CAD ($260.70 CAD/SF) 7.21% Cap Rate
EXECUTIVE SUMMARY
• 100% Occupancy Rate – Single Tenant
• Newley Renovated in 2020
• Absolute NNN Lease through 12/31/2040
• Two 3-Year Renewal Options
• Newley Renovated in 2020
• Absolute NNN Lease through 12/31/2040
• Two 3-Year Renewal Options
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Building Size
20,190 SF
Building Class
C
Year Built
1984
Price
$5,263,456 CAD
Price Per SF
$260.70 CAD
Cap Rate
7.21%
NOI
$379,495 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
20,190 SF
Building FAR
0.27
Lot Size
1.69 AC
Zoning
AG2
Parking
75 Spaces
1 1
PROPERTY TAXES
| Parcel Number | 27-48250-01-020 | Improvements Assessment | $1,941,534 CAD |
| Land Assessment | $538,783 CAD | Total Assessment | $2,480,317 CAD |
PROPERTY TAXES
Parcel Number
27-48250-01-020
Land Assessment
$538,783 CAD
Improvements Assessment
$1,941,534 CAD
Total Assessment
$2,480,317 CAD
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1370 Mendota Heights Rd
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