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Former Herberger's 600-660 W Saint Germain St 168,768 SF Vacant Retail Building Saint Cloud, MN 56301 $1,995,000 ($11.82/SF) 11.31% Cap Rate
Investment Highlights
- Well-positioned on corner of 7th Ave and W St Germain
- Adjacent Parking Garage available to Building
Executive Summary
Sale will occur with a lease signed for Capital One or their sublessee.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
168,768 SF
Building Class
B
Year Built
1985
Price
$1,995,000
Price Per SF
$11.82
Cap Rate
11.31%
NOI
$225,701
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.91
Lot Size
1.33 AC
Opportunity Zone
Yes
Zoning
C-3 - Central Business District
Parking
397 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Location: In Historic downtown St. Cloud - North of Division Street - One block from River’s Edge Convention Ctr.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 55,697 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 55,697 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 55,697 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Location: In Historic downtown St. Cloud - North of Division Street - One block from River’s Edge Convention Ctr.
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (73)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,928,000 | |
| Land Assessment | $822,000 | Total Assessment | $3,750,000 |
Property Taxes
Parcel Numbers
Land Assessment
$822,000
Improvements Assessment
$2,928,000
Total Assessment
$3,750,000
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Former Herberger's | 600-660 W Saint Germain St
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