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- LoopNet Team
761 Prentice St
Granite Falls, MN 56241
Commons Place · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Main St location on the MN River, handicap accessible, on site property manager
EXECUTIVE SUMMARY
Prentice Place Commons suite #3 for sale! This includes 2 private offices an open reception area that has been made into 4 cubical offices. Two offices have window views that overlook the MN river! The suite is currently leased through 2022 with the option to renew. The shared common area is hallway, waiting area and bathrooms. Storage areas are available. Unit #3 has 635 sq ft in the office space, the rest of the sq footage is common space in the building. CAP rate 12%, last 7 years 100% occupancy. 2-one year lease options available with the current tenant. The unit has new carpet and fresh paint as of January, 2019.
PROPERTY FACTS
AMENITIES
- Property Manager on Site
- Signage
- Waterfront
- Storage Space
- Recessed Lighting
- Air Conditioning
