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4200 W Division St 18,866 SF 100% Leased Retail Building Saint Cloud, MN 56301 $5,900,000 ($312.73/SF) 7.25% Cap Rate
Investment Highlights
- Strong Histroical Occupancy
- Excellend Location within the Trade Area
- College Town
- Stable and Resilient Fundamentals
- Dominant Regional Hub
- Proven Tenant Performance
Executive Summary
Centre Place (the “Property”) is an unanchored retail center located along highly trafficked Division Street, the primary retail artery in the St. Cloud trade area. The Property is positioned directly across from Crossroads Center, the dominant shopping destination serving Central Minnesota.
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
18,866 SF
Building Class
C
Year Built
1996
Price
$5,900,000
Price Per SF
$312.73
Cap Rate
7.25%
NOI
$427,504
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
1.49 AC
Zoning
Business/Commercial
Parking
85 Spaces (4.51 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- United States Post Office
- Transportation and Warehousing
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| United States Post Office | Transportation and Warehousing | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 82.44636.0000 | Improvements Assessment | $2,100,000 |
| Land Assessment | $1,035,000 | Total Assessment | $3,135,000 |
Property Taxes
Parcel Number
82.44636.0000
Land Assessment
$1,035,000
Improvements Assessment
$2,100,000
Total Assessment
$3,135,000
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4200 W Division St
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