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Brighton Business Center 888 County Road D W 13,500 SF 98% Leased Office Building New Brighton, MN 55112 $1,663,728 CAD ($123.24 CAD/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 13,500 GSF Office Building 98% Leased to a diverse tenant roster with high levels of tenant retention
- Simple gross leases ensure easy management
- Located in New Brighton, MN in the Suburban St. Paul Office submarket
- Clean, low-cost and convenient space for tenants
- Recent improvements including new security camera system, digital building directory, exterior repainting, and common area carpet replacement
- Superior access via the I-35W/County Road D West interchange just 2 blocks west
EXECUTIVE SUMMARY
13,500 GSF Office Investment Opportunity
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
13,500 SF
Building Class
B
Year Built
1971
Price
$1,663,728 CAD
Price Per SF
$123.24 CAD
Cap Rate
7.25%
NOI
$120,560 CAD
Percent Leased
98%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,500 SF
Slab To Slab
10’
Building FAR
0.42
Lot Size
0.74 AC
Zoning
B-3 - General Business
Parking
50 Spaces (3.7 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Wi-Fi
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 32-30-23-34-0027 | Improvements Assessment | $851,311 CAD |
| Land Assessment | $223,258 CAD | Total Assessment | $1,074,570 CAD |
PROPERTY TAXES
Parcel Number
32-30-23-34-0027
Land Assessment
$223,258 CAD
Improvements Assessment
$851,311 CAD
Total Assessment
$1,074,570 CAD
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Brighton Business Center | 888 County Road D W
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