1090 2nd St S | Sartell, MN 56377
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- LoopNet Team
1090 2nd St S
Sartell, MN 56377
Sundance Business Center 2 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- INVESTMENT GRADE ANCHOR – Dollar Tree (NASDAQ: DLTR) leases over 50% of the center and boasts a S&P credit rating of BBB. Dollar Tree has operated at
- “MAIN AND MAIN” – 2nd St and Pine Cone Rd N is the strong retail intersection in Sartell, MN that features Walgreens, Dollar Tree, Speedway, Liberty B
- RECENT CAPITAL IMPROVEMENTS – New roof in 2022, HVAC maintained quarterly, and the parking lot is maintenanced annually
- SELLER FINANCING AVAILABLE – All terms are open for negotiation, and the seller is willing to explore creative financing options to facilitate the dea
- QUAINT AFFLUENT SUBURB – Sartell is only 6 miles from Saint Cloud and 75 miles from Downtown Minneapolis. There are 33,000+ residents within 3 miles w
- GREAT HEDGE AGAINST INFLATION – Multiple leases feature annual increases, and the other leases feature favorable increases every few years.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
20,177 SF
Building Class
B
Year Built
2002
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Lot Size
1.49 AC
Zoning
B2 - General Business
Parking
75 Spaces (3.72 Spaces per 1,000 SF Leased)
Frontage
164’ on 2nd St
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 92.57113.0518 | Improvements Assessment | $1,332,100 |
| Land Assessment | $487,400 | Total Assessment | $1,819,500 |
PROPERTY TAXES
Parcel Number
92.57113.0518
Land Assessment
$487,400
Improvements Assessment
$1,332,100
Total Assessment
$1,819,500
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