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ElmerZ 1225 Timberlane Dr 33,272 SF 100% Leased Retail Building Sauk Centre, MN 56378 $997,000 ($29.97/SF)
INVESTMENT HIGHLIGHTS
- Vacant 26,000+ SF Junior Anchor Box in Great Condition – Positioned for Lease-Up -
- New Front Parking Lot Milled & Overlayed
EXECUTIVE SUMMARY
We are pleased to present to qualified investors an opportunity to purchase an ideally located junior anchor box redevelopment value add opportunity that is positioned adjacent to a regional Walmart Supercenter in Sauk Centre (St. Cloud), Minnesota. This is a regional retail destination and rare investment opportunity directly off the Interstate-94/Main St (US Hwy 71) interchange with a combined 33,373 cars per day right next to national brands that signal this location as a best-in-market site for retail. These neighboring tenants include Dollar Tree, McDonald’s, Taco Bell, Caribou Coffee, Dairy Queen, O’Reilly Auto Parts, Ace Hardware, Coborn’s Grocery,
AmericInn by Wyndham, and Holiday Stationstores (Circle K).
This 33,272 SF property features a 26,000+ square foot vacant box ready for re-leasing, a new front parking lot just milled and overlayed,
as well as three paying tenants on short-term leases that provide an investor with the flexibility to redevelop the entire building as well as
sizable current income that offset ownership costs while the property is being repositioned. These tenants include Central Minnesota
LifeCare Center, Inc. dba Options for Women, Feldt Financial Services, and Fastenal – a publicly-traded company (Nasdaq: FAST) and a component of the Nasdaq-100 and S&P 500.
Sauk Centre is part of the St. Cloud MSA – the largest population center in the state’s central region and located on I-94 connecting
Fargo, ND with the Twin Cities of Minneapolis-Saint Paul.
This is a unique opportunity to buy a strategically located retail, value-add investment with huge potential for repositioning via lease up
or redevelopment at an attractively low price per square foot Fastenal reported annual revenues of approximately $7.25 billion in 2023.
AmericInn by Wyndham, and Holiday Stationstores (Circle K).
This 33,272 SF property features a 26,000+ square foot vacant box ready for re-leasing, a new front parking lot just milled and overlayed,
as well as three paying tenants on short-term leases that provide an investor with the flexibility to redevelop the entire building as well as
sizable current income that offset ownership costs while the property is being repositioned. These tenants include Central Minnesota
LifeCare Center, Inc. dba Options for Women, Feldt Financial Services, and Fastenal – a publicly-traded company (Nasdaq: FAST) and a component of the Nasdaq-100 and S&P 500.
Sauk Centre is part of the St. Cloud MSA – the largest population center in the state’s central region and located on I-94 connecting
Fargo, ND with the Twin Cities of Minneapolis-Saint Paul.
This is a unique opportunity to buy a strategically located retail, value-add investment with huge potential for repositioning via lease up
or redevelopment at an attractively low price per square foot Fastenal reported annual revenues of approximately $7.25 billion in 2023.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
33,272 SF
Building Class
B
Year Built
1998
Price
$997,000
Price Per SF
$29.97
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
2.98 AC
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Excellent visibility for branding and access Pylon signage Dual recessed loading docks
| Space | Size | Space Use | Position | Available |
| 1st Floor | 21,000-25,000 SF | Retail | End Cap | 30 Days |
1st Floor
| Size |
| 21,000-25,000 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 21,000-25,000 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
Excellent visibility for branding and access Pylon signage Dual recessed loading docks
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $882,600 | |
| Land Assessment | $479,700 | Total Assessment | $1,362,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$479,700
Improvements Assessment
$882,600
Total Assessment
$1,362,300
1 of 97
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
ElmerZ | 1225 Timberlane Dr
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