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Schlenner Wenner 37 28th Ave N 10,400 SF 100% Leased Office Building Saint Cloud, MN 56303 $1,777,165 CAD ($170.88 CAD/SF) 2.52% Cap Rate
Executive Summary
This is an established office building with over 10,000 sq. ft, located just off Division. It consists of 2 separate units with separate entrances. The units have connecting hallways allowing one tenant to use the entire building if they choose. Each unit has 20 parking spaces, their own entry/reception area, 20+ offices, break room, 3 restrooms, and multiple conference rooms.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,400 SF
Building Class
C
Year Built/Renovated
1956/2003
Price
$1,777,165 CAD
Price Per SF
$170.88 CAD
Cap Rate
2.52%
NOI
$44,734 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,400 SF
Slab To Slab
8’
Building FAR
0.28
Lot Size
0.86 AC
Zoning
C2 - Business Commercial
Parking
39 Spaces (3.75 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Fully Carpeted
1 1
Walk Score®
Very Walkable (85)
Property Taxes
| Parcel Number | 82.43920.0000 | Improvements Assessment | $426,520 CAD |
| Land Assessment | $407,381 CAD | Total Assessment | $833,901 CAD |
Property Taxes
Parcel Number
82.43920.0000
Land Assessment
$407,381 CAD
Improvements Assessment
$426,520 CAD
Total Assessment
$833,901 CAD
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Schlenner Wenner | 37 28th Ave N
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