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1190 Main St S
Sauk Centre, MN 56378
Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- 2.18 AC on signalized 4-Way Intersection
- Less than a mile away from Interstate 94
- Sauk Centre is part of the St. Cloud MSA- the largest population center in the state's central region
- Property is adjacent to Circle-K, Caribou Coffee and McDonald's
- High demand retail market with only 4% Vacancy Rate
Résumé de l'annonce
This multi-tenant retail property at 1190 Main Street South in Sauk Centre, MN presents a value-add investment and redevelopment opportunity within the thriving St. Cloud metropolitan statistical area. Featuring 20,522 SF on a 2.18-acre parcel, the property includes established tenants such as Snap Fitness and Kraemer Lumber Company. Positioned on a signalized four-way intersection within a mile of Interstate 94, this high-visibility location benefits from consistent traffic flow and strong regional connectivity.
The site offers exposure to a robust trade area with adjacent national brands including Circle K, Caribou Coffee, McDonald’s, and Walmart. The Sauk Centre market exhibits a low retail vacancy rate of approximately 4%, indicating sustained tenant demand and long-term stability. Offering an NOI of $77,400, this property generates immediate income potential while providing ample upside through redevelopment or repositioning strategies. Investors can leverage the property’s favorable location within Minnesota’s central corridor and capitalize on ongoing regional growth dynamics.
The site offers exposure to a robust trade area with adjacent national brands including Circle K, Caribou Coffee, McDonald’s, and Walmart. The Sauk Centre market exhibits a low retail vacancy rate of approximately 4%, indicating sustained tenant demand and long-term stability. Offering an NOI of $77,400, this property generates immediate income potential while providing ample upside through redevelopment or repositioning strategies. Investors can leverage the property’s favorable location within Minnesota’s central corridor and capitalize on ongoing regional growth dynamics.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
25 904 pi²
Classe d’immeuble
C
Année de construction
1948
Prix
1 660 260 $ CAD
Prix par pi²
64,09 $ CAD
Taux de capitalisation
6,45%
Revenu net d’exploitation
107 087 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,14
Taille du lot
4,36 AC
Stationnement
11 places (0,54 places par 1 000 pi² loué)
Façade
Impôts fonciers
| Numéro de lot | 94.58095.0000 | Évaluation des bâtiments | 837 601 $ CAD |
| Évaluation du terrain | 459 892 $ CAD | Évaluation totale | 1 297 493 $ CAD |
Impôts fonciers
Numéro de lot
94.58095.0000
Évaluation du terrain
459 892 $ CAD
Évaluation des bâtiments
837 601 $ CAD
Évaluation totale
1 297 493 $ CAD
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