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4200 Egan Dr 8,976 SF 100% 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
B
Year Built
1999
Price
$1,950,000
Price Per SF
$217.25
Cap Rate
6.69%
NOI
$130,441
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,976 SF
Building FAR
0.20
Lot Size
1.02 AC
Zoning
Commercial
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 | - |
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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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4200 Egan Dr
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