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14030 Bank St 8,290 SF 100% Leased Office Building Becker, MN 55308 $857,142 ($103.39/SF) 7% Cap Rate
Investment Highlights
- Offered at a 7% cap rate based on in-place/market rents, providing attractive risk-adjusted yield relative to typical Class B office/retail cap rates
- Strong fit for medical, wellness, professional office, or similar service users seeking ownership instead of leasing in a low-vacancy submarket
- Highly adaptable condo that can be efficiently replatted and reconfigured into multiple suites, supported by multiple access doors and existing sewer
- Located in Becker’s commercial corridor just off Highway 10, offering convenient access and visibility
- Condo structure allows flexible exit strategies: resell to another owner-user, lease and hold as investment, or potentially sell individual suites
Executive Summary
Ideal for medical, fitness, wellness, professional office, retail, or other commercial users. Located in the heart of Becker's primary commercial corridor with excellent visibility and convenient access to Highway 10, serving one of the area's fastest-growing bedroom communities.
Excellent opportunity for both owner-users and investors. The flexible layout provides the option to occupy one suite while leasing the other, lease the entire property, or divide it for multiple tenants. Based on market rental rates, the property is projected to achieve approximately a 7% cap rate at the asking price, with minimal anticipated capital improvements anticipated in the near term.
Property Facts
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Highly Visible Corner Retail/Office Space – 3,800 SF Available Prime end-cap location currently occupied by Anytime Fitness, offering 3,800 SF of versatile space at the hard corner of Sherburne Ave and Bank St in Becker, MN. This suite features: Excellent visibility with signage opportunities on both Bank St and Sherburne Ave Two separate entrances, allowing for easy division into two units Open floor plan with high, exposed ceilings for a modern, airy feel Two private restrooms and a few enclosed offices Sewer connections on both sides, ideal for multiple configurations Ample on-site parking to accommodate staff and customers Perfect for fitness, medical, retail, or office use. Join a strong tenant mix in a growing commercial corridor with great traffic exposure.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste Suite 4 | 1,500-3,800 SF | Retail | Full Build-Out | 30 Days |
1st Fl-Ste Suite 4
| Size |
| 1,500-3,800 SF |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste Suite 4
| Size | 1,500-3,800 SF |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | 30 Days |
Highly Visible Corner Retail/Office Space – 3,800 SF Available Prime end-cap location currently occupied by Anytime Fitness, offering 3,800 SF of versatile space at the hard corner of Sherburne Ave and Bank St in Becker, MN. This suite features: Excellent visibility with signage opportunities on both Bank St and Sherburne Ave Two separate entrances, allowing for easy division into two units Open floor plan with high, exposed ceilings for a modern, airy feel Two private restrooms and a few enclosed offices Sewer connections on both sides, ideal for multiple configurations Ample on-site parking to accommodate staff and customers Perfect for fitness, medical, retail, or office use. Join a strong tenant mix in a growing commercial corridor with great traffic exposure.
Property Taxes
| Parcel Numbers | Improvements Assessment | $791,800 | |
| Land Assessment | $190,600 | Total Assessment | $982,400 |
Property Taxes
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14030 Bank St
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