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Crystal Square II 5701 N Kentucky Ave 19,480 SF 100% Leased Office Building Crystal, MN 55428 $2,000,000 ($102.67/SF) 9.56% Cap Rate
Executive Summary
5701 Kentucky Ave N is a well-maintained, fully leased 17,985 SF o?ice
building in Crystal, Minnesota. The property includes 21 units and is
fully occupied by 14 tenants, o?ering stable, reliable income.
Built in 1981 and updated in 2020, it features modern interior, ample
parking, an flexible layouts suited for a variety of o?ice and service
users. Its location near Highway 169, Highway 100, and Bass Lake Road
provides quick access to Downtown Minneapolis and nearby business
areas.
Strong occupancy, established, reliable tenants, and below-market
rents create a solid investment opportunity with room for future
growth.
building in Crystal, Minnesota. The property includes 21 units and is
fully occupied by 14 tenants, o?ering stable, reliable income.
Built in 1981 and updated in 2020, it features modern interior, ample
parking, an flexible layouts suited for a variety of o?ice and service
users. Its location near Highway 169, Highway 100, and Bass Lake Road
provides quick access to Downtown Minneapolis and nearby business
areas.
Strong occupancy, established, reliable tenants, and below-market
rents create a solid investment opportunity with room for future
growth.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
19,480 SF
Building Class
C
Year Built/Renovated
1981/2020
Price
$2,000,000
Price Per SF
$102.67
Cap Rate
9.56%
NOI
$191,174
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,480 SF
Building FAR
0.30
Lot Size
1.49 AC
Zoning
Commercial - Commercial
Parking
75 Spaces (4.17 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
- Signage
- Central Heating
- Drop Ceiling
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Brighter Possibilities Child Care and Family Couns
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- lets talk healing
- Services
- -
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Brighter Possibilities Child Care and Family Couns | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| lets talk healing | Services | - | - | - | Jan 0000 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 05-118-21-42-0066 | Improvements Assessment | $996,000 |
| Land Assessment | $455,000 | Total Assessment | $1,451,000 |
Property Taxes
Parcel Number
05-118-21-42-0066
Land Assessment
$455,000
Improvements Assessment
$996,000
Total Assessment
$1,451,000
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Videos
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Photos
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Street
Map
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Crystal Square II | 5701 N Kentucky Ave
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