1609 Jackson St | Saint Paul, MN 55117
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- LoopNet Team
1609 Jackson St
Saint Paul, MN 55117
Latitudes Treatment Center · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Meridian Behavioral Health is one of the fastest growing, leading behavioral healthcare platforms in the country.
- This location has operated as chemical dependency center for 20+ years.
- One year and 10 months remain on a NNN lease with annual 4% rent increases.
- The tenant on the lease is Latitudes Treatment Center, LLC with a guaranty by Meridian Behavioral Health, LLC.
- The Property was remodeled in 2013. Large lot size and the ability to expand building size.
- 5-Mile population of 349,310 and average household income over $92,592.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
6,854 SF
Building Class
C
Year Built/Renovated
1960/2013
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,854 SF
Building FAR
0.15
Lot Size
1.06 AC
Zoning
RM1 - Low-Density Multiple-Family Residential
PROPERTY TAXES
| Parcel Number | 19-29-22-21-0232 | Improvements Assessment | $698,700 |
| Land Assessment | $116,300 | Total Assessment | $815,000 |
PROPERTY TAXES
Parcel Number
19-29-22-21-0232
Land Assessment
$116,300
Improvements Assessment
$698,700
Total Assessment
$815,000
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