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2635 W Division St 3,493 SF Retail Building Saint Cloud, MN 56301 $5,222,437 CAD ($1,495.12 CAD/SF) 4.50% Cap Rate
Investment Highlights
- Long-Term Corp. Single-Tenant - Absolute NNN Lease
- Large 1.13 acre parcel fronting main retail corridor
- Nearby St. Cloud State University - approx. 10,000+ Students
- #1 Visited Raising Cane's in MN and top 84% nationwide (Placer.ai)
- Dense Concentration of National Credit Tenants Surrouinding
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,493 SF
Building Class
B
Year Built
2021
Price
$5,222,437 CAD
Price Per SF
$1,495.12 CAD
Cap Rate
4.50%
NOI
$235,010 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.13 AC
Zoning
C5 - Highway Commercial District
Parking
85 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
129’ on Minnesota 23
Amenities
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 82.45771.9000 | Improvements Assessment | $785,460 CAD |
| Land Assessment | $1,515,800 CAD | Total Assessment | $2,301,260 CAD |
Property Taxes
Parcel Number
82.45771.9000
Land Assessment
$1,515,800 CAD
Improvements Assessment
$785,460 CAD
Total Assessment
$2,301,260 CAD
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2635 W Division St
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