Log In/Sign Up
121 Park Ave S
Saint Cloud, MN 56301
Recovery Four Office Building · Health Care Property For Sale
·
68 Beds
Property Facts
| Property Type | Health Care | No. Beds | 68 |
| Property Subtype | Rehabilitation Center | No. Stories | 3 |
| Building Class | C | Year Built | 2007 |
| Lot Size | 1.94 AC | Parking Ratio | 0.98/1,000 SF |
| Building Size | 51,920 SF | ||
| Zoning | C5 | ||
| Property Type | Health Care |
| Property Subtype | Rehabilitation Center |
| Building Class | C |
| Lot Size | 1.94 AC |
| Building Size | 51,920 SF |
| No. Beds | 68 |
| No. Stories | 3 |
| Year Built | 2007 |
| Parking Ratio | 0.98/1,000 SF |
| Zoning | C5 |
About 121 PARK AVE S , SAINT CLOUD, MN 56301
Property currently leased to St. Cloud Hospital through July, 2024. Pure triple net lease, with Tenant paying all operating expenses. Net operating income of $728,000 provides a 10.5% CAP rate at current rents. Rent is scheduled to increase August 1, 2020. The Building consists of approximately 51,920 square feet, located on approximately 2.0 acres. Original building of approximately 37,266 square feet was built in 1997. Additional square footage of approximately 14,654 was added in 2014. Property is zoned C5 Highway Commercial and is located among retail, office, motel, and special service businesses.
Property Taxes
| Parcel Number | 82.43987.0000 | Improvements Assessment | $1,853,000 |
| Land Assessment | $610,000 | Total Assessment | $2,463,000 |
Property Taxes
Parcel Number
82.43987.0000
Land Assessment
$610,000
Improvements Assessment
$1,853,000
Total Assessment
$2,463,000
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
