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2500 Cleveland Ave N
Roseville, MN 55113
Retail Property For Sale


Executive Summary
KW Commercial is pleased to present investors with the opportunity to acquire 2500 Cleveland Avenue N., a 7-unit, 92% occupied industrial/retail building located with prime visibility to 35-W in Roseville, Minnesota. This asset is institutional grade quality with a long-term Goodwill tenant with 6.25 years of term remaining, and six easy-to-lease small bay warehouse bays.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
40,000 SF
Building Class
B
Year Built/Renovated
1966/2006
Price
$10,071,700 CAD
Price Per SF
$251.79 CAD
Cap Rate
7.11%
NOI
$716,098 CAD
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
2.93 AC
Zoning
RB-Regional Business - Industrial and Retail permitted
Parking
88 Spaces (2.2 Spaces per 1,000 SF Leased)
Frontage
178’ on Cleveland Ave
Amenities
- Pylon Sign
- Signage
- Car Charging Station
Property Taxes
| Parcel Number | 09-29-23-23-0030 | Improvements Assessment | $6,117,203 CAD |
| Land Assessment | $2,128,393 CAD | Total Assessment | $8,245,596 CAD |
Property Taxes
Parcel Number
09-29-23-23-0030
Land Assessment
$2,128,393 CAD
Improvements Assessment
$6,117,203 CAD
Total Assessment
$8,245,596 CAD
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