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STNL DOLLAR TREE | PRIME LOCATION NEW RENEWAL 700 2nd St S 9 698 pi² Commerce de détail Immeuble Waite Park, MN 56387 2 500 110 $ CAD (257,80 $ CAD/pi²) 6,75% Taux de capitalisation

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FAITS SAILLANTS DE L'INVESTISSEMENT

  • Prime Location on 2nd Street - 33,000 VPD Traffic Count
  • Located in Saint Cloud MSA Serving Over 200,000
  • Excellent 1031 Exchange Replacement
  • Below Market Lease - Recent Lease Renewal (new expiration 1/31/31)
  • Replacement Oversized 1.8 Acre Parcel w/ Ample Parking

RÉSUMÉ DE L'ANNONCE

CBC Orion Real Estate Advisors are pleased to offer For Sale this Dollar Tree property located in Waite Park, MN. The subject property is a single-tenant, high quality retail building – 100% NNN leased by Dollar Tree. Tenant is under a 20-year triple net lease and recently rolled into their 2nd renewal option (new expiration 1/31/31), showing strong commitment to the location. Lease contains a 6% rent increase at each renewal interval.
This Dollar Tree site is conveniently situated in a prime location on 2nd Street (33,000 VPD traffic count) a major retail and business hub. Strategically located in close proximity to all the major thoroughfares (Highway 23, Hwy 15, 2nd Street & Division Street), major retailers, restaurants and more. The city of Waite Park is included in the Saint Cloud MSA serving over 200,000.

Subject property consists of one – single-story high-quality stucco and brick building consisting of approx. 9,500 SF bldg. on an oversized 1.8 acre parcel. The tenant, Dollar Tree is the 2nd largest dollar store retailer, with over 15,000 locations in North America (approx. $20 billion in annual revenue). Dollar Tree has occupied the building since 2015. Additionally, in 2015 the property had underwent substantial tenant improvements/property enhancements. Building amenities include high quality stucco and brick exterior finishes, oversized parking lot with ample parking in front and back, fully sprinkled, and much more.
Excellent opportunity for qualified investors to acquire this high quality 100% NNN leased investment property in a solid retail market. Excellent 1031 exchange opportunity.
*** Offered For Sale at $1,800,000 ***

FAITS SUR LA PROPRIÉTÉ

Type de vente
Investissement pour loyer hypernet
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
9 698 pi²
Classe d’immeuble
C
Année de construction/rénovation
2003/2015
Prix
2 500 110 $ CAD
Prix par pi²
257,80 $ CAD
Taux de capitalisation
6,75%
Revenu net d’exploitation
168 757 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,12
Taille du lot
1,82 AC
Stationnement
100 places (10 places par 1 000 pi² loué)
Façade
97’ sur 2nd St

COMMODITÉS

  • Enseigne sur pylône
  • Système de sécurité
  • Affichage

PRINCIPAUX LOCATAIRES Cliquez ici pour accéder à

  • LOCATAIRE
  • SECTEUR
  • pi² OCCUPÉ
  • LOYER/pi²
  • TYPE DE BAIL
  • FIN DU BAIL
  • Détaillant
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Dollar Tree is a U.S.-based discount variety retailer headquartered in Chesapeake, Virginia. The company traces its origins to 1953, with its modern Dollar Tree format established in 1986 under the name Only $1.00. It adopted the Dollar Tree name in 1991 and has since expanded across the United States and Canada. Dollar Tree operates retail stores that sell a broad assortment of consumable goods, household products, seasonal merchandise, party supplies, and basic grocery items at fixed or limited price points. The company became publicly traded in 1995 and is listed on the NASDAQ under the ticker symbol DLTR. Over time, Dollar Tree has pursued growth through store expansion and strategic acquisitions, establishing itself as a major value-oriented retailer within the consumer defensive sector. The company reports financial results through public filings and maintains centralized oversight of real estate strategy, store development, and lease administration through its corporate offices.

LOCATAIRE SECTEUR pi² OCCUPÉ LOYER/pi² TYPE DE BAIL FIN DU BAIL
Détaillant 99,999 SF - Lorem Ipsum Jan 0000

PRINCIPAUX DÉTAILLANTS À PROXIMITÉ

Anytime Fitness
IHOP
Texas Roadhouse
Snap Fitness 24/7
Orangetheory Fitness
Club Pilates
Starbucks
Caribou Coffee
Cash Wise
Olive Garden

Impôts fonciers

Impôts fonciers

Numéro de lot
98.60707.0031
Évaluation du terrain
1 323 228 $ CAD
Évaluation des bâtiments
313 006 $ CAD
Évaluation totale
1 636 234 $ CAD
  • ID d’inscription: 37651016

  • Date de mise sur le marché: 2025-09-12

  • Dernière mise à jour:

  • Adresse: 700 2nd St S, Waite Park, MN 56387

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