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2920 W Division St
Saint Cloud, MN 56301
Red Lobster · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,561 SF
Building Class
C
Year Built/Renovated
1990/2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.17 AC
Zoning
C5
Parking
140 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
107’ on 29th Ave

ABOUT 2920 W DIVISION ST , SAINT CLOUD, MN 56301

This Red Lobster is located at 2920 West Division Street in Saint Cloud, Minnesota. St. Cloud is the county seat of Stearns County and the largest population center in the state's central region. Surrounding Retail and Points of Interest The subject property is well-positioned in an extremely dense retail, residential and transportation corridor. Major national tenants in the surrounding area include Walmart, Best Buy, CVS Pharmacy, Walgreens, Panera Bread, Starbucks, Bed Bath & Beyond, Barnes and Noble, Dick’s Sporting Goods, Perkins, Chipotle, Burger King and Shopko. Crossroads Center is a 104-store indoor mall located one mile down the road. Its anchor tenants include Target, Sears, Macy’s and JCPenney. St. Cloud University is the state’s third-largest university and is located two miles east of the Red Lobster. It has a total enrollment of over 15,000 students. Close proximity to state highways 10 and 23 as well as Interstate 94 provide for easy transportation access to nearby cities including Minneapolis, Fargo and Grand Forks. Traffic Counts and Demographics Saint Cloud has approximately 64,000 individuals living within a three-mile radius of the subject property and over 94,000 individuals within a five-mile radius. This Red Lobster is located on West Division Street, which experiences an average daily traffic count of 38,000 vehicles. State Highway 15 and 2nd Street South bring an additional 28,500 and 32,500 vehicles per day to the area. Saint Cloud, Minnesota Though mostly in Stearns County, the city of St. Cloud extends into Benton and Sherburne counties, and straddles the Mississippi River in central Minnesota. It is the center of a small, contiguous urban area totaling over 116,000 residents, with Waite Park, Sauk Rapids, Sartell, St. Joseph, Rockville, and St. Augusta directly bordering the city. The St. Cloud metropolitan area is the fourth-largest in Minnesota, behind Minneapolis–St. Paul, Duluth–Superior, and Rochester. Due to its central location, St. Cloud is a regional transportation hub within the state. St. Cloud is also home to several higher education institutions including St. Cloud State University, St. Cloud Technical and Community College (SCTCC), Rasmussen College and Globe University/Minnesota School of Business. The city of St. Cloud is part of the St. Cloud Area School District, which has eight elementary schools, a new K-8 school in St. Joseph, and two major public high schools.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82.50443.0000
Land Assessment
$914,000
Improvements Assessment
$443,000
Total Assessment
$1,357,000
  • Listing ID: 11774052

  • Date on Market: 3/1/2018

  • Last Updated:

  • Address: 2920 W Division St, Saint Cloud, MN 56301

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