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3317 W Division St
Saint Cloud, MN 56301
#1 RANKED DUNKIN’ IN MN | · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- EXCEPTIONAL STORE SALES | 2X HIGHER THAN AVERAGE DUNKIN’ STORE
- NNN LEASE | 2% ANNUAL INCREASES BEGINNING YEAR 6
- COUNTY SEAT LOCATION | GROWING CUSTOMER BASE
- #1 RANKED DUNKIN’ IN MINNESOTA | 321K ANNUAL VISITS
- PRIME OUTLOT LOCATION | THRIVING DIVISION STREET CORRIDOR
EXECUTIVE SUMMARY
Mid-America Real Estate – Minnesota, LLC in cooperation with Mid-America Real Estate Corporation, has been retained on behalf of the owner to sell the 100% fee simple interest in a 2,000 square foot Dunkin’ store located at the lighted corner of West Division Street and 33rd Street North in St. Cloud, Minnesota.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
2,000 SF
Building Class
B
Year Built
2023
Price
$1,810,000
Price Per SF
$905
Cap Rate
5.75%
NOI
$104,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
6.42 AC
Zoning
Commercial
Frontage
225’ on DIVISION ST
PROPERTY TAXES
| Parcel Number | 82.48679.0000 | Improvements Assessment | $3,890,000 |
| Land Assessment | $2,098,000 | Total Assessment | $5,988,000 |
PROPERTY TAXES
Parcel Number
82.48679.0000
Land Assessment
$2,098,000
Improvements Assessment
$3,890,000
Total Assessment
$5,988,000
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