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Maine Prairie Business Park 3601 18th St S 33,080 SF 100% Leased Flex Building Saint Cloud, MN 56301 $4,740,000 ($143.29/SF) 8.95% Cap Rate
Investment Highlights
- 100% Occupied
- Term Remaining on all Leases
- NNN Leases
- Professionally managed and maintained
Executive Summary
SVN GC Real Estate is pleased to present Maine Prairie Business Center, consisting of a 33,080+/- SF single-story professional office building on 2.72+/- acres for sale in the desirable south St Cloud, Minnesota. The building features a stucco exterior, modern interior finishes, and ample on-site parking with 106 surface stalls. Built in 2004, the property has been properly maintained and is well positioned for a variety of professional users. The building is 100% occupied with quality tenants such as SYSPRO US Inc, University of Minnesota Extension Office, Auto Owners Insurance, Seachange Printing & Marketing Services LLC, Vantage Point Solutions Inc, Parthenon Agency LLC, Ivy Rehab and Essence Property Management Incorporated. Its central location provides excellent access to the area amenities, government offices, and major thoroughfare, which ideal for tenants. The property is zoned C5 – Highway Commercial and located less than ½ mile from Interstate 94.
Property Facts
| Price | $4,740,000 | Lot Size | 2.78 AC |
| Price Per SF | $143.29 | Rentable Building Area | 33,080 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.95% | Year Built | 2004 |
| Property Type | Flex | Parking Ratio | 3.3/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 10’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 6 |
| Zoning | C5 - Highway Commercial District | ||
| Price | $4,740,000 |
| Price Per SF | $143.29 |
| Sale Type | Investment |
| Cap Rate | 8.95% |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 2.78 AC |
| Rentable Building Area | 33,080 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Parking Ratio | 3.3/1,000 SF |
| Clear Ceiling Height | 10’ |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | C5 - Highway Commercial District |
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 82468480203 | Improvements Assessment | $1,937,000 |
| Land Assessment | $475,000 | Total Assessment | $2,412,000 |
Property Taxes
Parcel Number
82468480203
Land Assessment
$475,000
Improvements Assessment
$1,937,000
Total Assessment
$2,412,000
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Maine Prairie Business Park | 3601 18th St S
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