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4200 W Division St
Saint Cloud, MN 56301
Retail Property For Sale
Investment Highlights
- Strong Histroical Occupancy
- Excellend Location within the Trade Area
- College Town
- Stable and Resilient Fundamentals
- Dominant Regional Hub
- Proven Tenant Performance
Executive Summary
Centre Place (the “Property”) is an unanchored retail center located along highly trafficked Division Street, the primary retail artery in the St. Cloud trade area. The Property is positioned directly across from Crossroads Center, the dominant shopping destination serving Central Minnesota.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
18,866 SF
Building Class
C
Year Built
1996
Price
$8,075,861 CAD
Price Per SF
$428.06 CAD
Cap Rate
7.25%
NOI
$585,163 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
1.49 AC
Zoning
Business/Commercial
Parking
85 Spaces (4.51 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 82.44636.0000 | Improvements Assessment | $2,874,459 CAD |
| Land Assessment | $1,416,698 CAD | Total Assessment | $4,291,157 CAD |
Property Taxes
Parcel Number
82.44636.0000
Land Assessment
$1,416,698 CAD
Improvements Assessment
$2,874,459 CAD
Total Assessment
$4,291,157 CAD
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