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4200 Cr-42 W 8,976 SF 61% Leased Office Building Savage, MN 55378 $1,950,000 ($217.25/SF) 6.69% Cap Rate
Executive Summary
Discover an exceptional 8,976 SF single-level office building in Savage, MN, strategically positioned for maximum visibility and accessibility. This income-generating property is fully leased, offering a turnkey investment with steady cash flow. Designed as a two-user building, it provides flexibility for investors or future owner-users. Sitting on just over an acre this site includes ample parking, a high traffic location, and a well-maintained professional setting. This is an outstanding opportunity in a thriving commercial corridor! Contact us today for more details.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
8,976 SF
Building Class
C
Year Built
1999
Price
$1,950,000
Price Per SF
$217.25
Cap Rate
6.69%
NOI
$130,441
Percent Leased
61%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,976 SF
Building FAR
0.20
Lot Size
1.02 AC
Parking
30 Spaces (3.34 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Family Vision Clinic
- -
- -
- -
- Triple Net
- -
- Transport Designs
- -
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Family Vision Clinic | - | - | - | Triple Net | - | |
| Transport Designs | - | - | - | Triple Net | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Suite 2 will be available for lease in January 26. This suite has 7 windowed offices, 2 conference rooms, bullpen area, and its own private entry.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 2 | 3,544 SF | Office | Full Build-Out | Now |
1st Fl-Ste 2
| Size |
| 3,544 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 2
| Size | 3,544 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite 2 will be available for lease in January 26. This suite has 7 windowed offices, 2 conference rooms, bullpen area, and its own private entry.
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Property Taxes
| Parcel Number | 26-109-003-0 | Improvements Assessment | $654,500 |
| Land Assessment | $1,023,800 | Total Assessment | $1,678,300 |
Property Taxes
Parcel Number
26-109-003-0
Land Assessment
$1,023,800
Improvements Assessment
$654,500
Total Assessment
$1,678,300
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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4200 Cr-42 W
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