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4200 Cr-42 W 5,104 SF 100% Leased Office Building Savage, MN 55378 $1,950,000 ($382.05/SF) 6.69% Cap Rate

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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
5,104 SF
Building Class
C
Year Built
1999
Price
$1,950,000
Price Per SF
$382.05
Cap Rate
6.69%
NOI
$130,441
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,104 SF
Building FAR
0.11
Lot Size
1.02 AC
Parking
30 Spaces (5.88 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
  • 1st Fl-Ste 2
  • 3,544 SF
  • Office
  • Full Build-Out
  • Jan 2026

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 Jan 2026

1st Fl-Ste 2

Size
3,544 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2026

1st Fl-Ste 2

Size 3,544 SF
Space Use Office
Condition Full Build-Out
Available Jan 2026

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-109-003-0
Land Assessment
$1,023,800
Improvements Assessment
$654,500
Total Assessment
$1,678,300
  • Listing ID: 35262540

  • Date on Market: 3/26/2025

  • Last Updated:

  • Address: 4200 Cr-42 W, Savage, MN 55378

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