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1418 5th St S 12,500 SF Industrial Building Hopkins, MN 55343 $1,595,000 ($127.60/SF) 7.52% Cap Rate
INVESTMENT HIGHLIGHTS
- Forced Air Heat & A/C in Office
- $250,000 in updates to the building in the past few years including: New Roof, Upgraded HVAC, New Parking Lot, & Exterior Paint of Building
EXECUTIVE SUMMARY
Hopkins Industrial Building for sale- 12,500/SF on .77 Acres. (Property Leased until 12/31/29)
PROPERTY FACTS
| Price | $1,595,000 | Lot Size | 0.77 AC |
| Price Per SF | $127.60 | Rentable Building Area | 12,500 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.52% | Year Built | 1979 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 1.6/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-TOD (UI) - Industrial Mix Center | ||
| Price | $1,595,000 |
| Price Per SF | $127.60 |
| Sale Type | Investment |
| Cap Rate | 7.52% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.77 AC |
| Rentable Building Area | 12,500 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Tenancy | Single |
| Parking Ratio | 1.6/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-TOD (UI) - Industrial Mix Center |
AMENITIES
- Bus Line
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 25-117-22-23-0053 | Improvements Assessment | $1,166,000 |
| Land Assessment | $252,000 | Total Assessment | $1,418,000 |
PROPERTY TAXES
Parcel Number
25-117-22-23-0053
Land Assessment
$252,000
Improvements Assessment
$1,166,000
Total Assessment
$1,418,000
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1418 5th St S
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