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2716 Upper Afton Rd 8,628 SF 100% Leased Office Building Maplewood, MN 55119 $1,977,307 CAD ($229.17 CAD/SF) 8.16% Cap Rate
Executive Summary
Positioned at the signalized corner of Upper Afton Road and Century Avenue with direct access to I-94 and Hwy 120, this
property sits at the center of a densely populated trade area with 44,000+ residents and a median household income of
$81,865. Whether you're an investor looking to reposition below-market rents or a medical operator ready to plug into a
fully built-out clinical space — this is a rare opportunity in a market with limited comparable supply.
property sits at the center of a densely populated trade area with 44,000+ residents and a median household income of
$81,865. Whether you're an investor looking to reposition below-market rents or a medical operator ready to plug into a
fully built-out clinical space — this is a rare opportunity in a market with limited comparable supply.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,628 SF
Building Class
C
Year Built
1963
Price
$1,977,307 CAD
Price Per SF
$229.17 CAD
Cap Rate
8.16%
NOI
$161,446 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,628 SF
Building FAR
0.25
Lot Size
0.80 AC
Zoning
Business Commercial
Parking
52 Spaces (6.03 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Partitioned Offices
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 01-28-22-41-0012 | Improvements Assessment | $504,554 CAD |
| Land Assessment | $246,413 CAD | Total Assessment | $750,968 CAD |
Property Taxes
Parcel Number
01-28-22-41-0012
Land Assessment
$246,413 CAD
Improvements Assessment
$504,554 CAD
Total Assessment
$750,968 CAD
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2716 Upper Afton Rd
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