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FedEx Corner | St. Cloud, MN 2423 Division St W 8,043 SF 100% Leased Retail Building Saint Cloud, MN 56301 $6,192,896 CAD ($769.97 CAD/SF) 6.20% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupied Three-Tenant Pad; Long-Term Operating History
- Brand New Renovations Including New Roof (With Transferable Warranty), New Parking Lot, and Recent Panting
- As the Center of Minnesota’s Fastest-Growing Metropolitan Area, St. Cloud Serves as a Commercial Hub for More than 250,000 People
- FedEx Renewed Their Lease for 10 Years in 2025, and Has Operated at the Property for 25+ Years
- Current Rental Rates at the Center Are Significantly Below Replacement Cost
- Hard Corner Signalized Intersection; Primary Retail Corridor / Regional Retail Destination
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- $45.34 CAD
- Triple Net
- Sep 2015
Their founders opened the very first Caribou Coffee in 1992 with a vision to build personal connection into the coffeehouse experience. For over thirty years, that focus has cultivated their global standard for high quality ingredients, specialty-grade coffee, sustainable practices, and real connections. They are a global brand with community-centered coffeehouses offering handcrafted beverages and crave-worthy food to guests.
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- Transportation and Warehousing
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- -
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- -
FedEx Office, originally founded as Kinko’s in 1970, is a subsidiary of FedEx Corporation (NYSE:?FDX). The Scottsdale, AZ locations offer print, copy, binding, shipping, and digital services, with 24-hour FedEx drop-off access at select sites. The network supports e-commerce growth and small business needs with flexible solutions such as banners, direct mail, Internet access, passport photos, and FedEx shipping services. Scottsdale offices located in high-traffic areas like Pima Road and Shea Boulevard provide both retail and print-on-demand services. FedEx Office supports thousands of locations nationwide and continues to integrate shipping and printing solutions to meet evolving market demands.
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- Accommodation and Food Services
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Papa Johns International, Inc. is a leading global pizza brand known for its commitment to “Better Ingredients. Better Pizza.®” Founded in 1984, the company has grown to thousands of locations in over 45 countries. Papa Johns stands out for its fresh, never-frozen dough, signature sauces, and quality toppings. Headquartered in Atlanta, Georgia, the brand continues to innovate in digital ordering, customer experience, and community engagement, while staying true to its promise of delivering better pizza every time.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | $45.34 CAD | Triple Net | Sep 2015 | |
|
|
Transportation and Warehousing | - | - | - | - | |
|
|
Accommodation and Food Services | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
5,008 sq. ft. Endcap
| Space | Size | Space Use | Position | Available |
| 3 | 5,008 SF | Retail | End Cap | 30 Days |
3
| Size |
| 5,008 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
3
| Size | 5,008 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
5,008 sq. ft. Endcap
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,001,171 CAD | |
| Land Assessment | $894,003 CAD | Total Assessment | $1,895,174 CAD |
PROPERTY TAXES
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FedEx Corner | St. Cloud, MN | 2423 Division St W
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