Four-Building St. Cloud Portfolio 340 U.S. 10
St. Cloud, MN 56304
For Sale
32,808 sqft
Sale Price
$5,519,000
Brochure
Map
Office For Sale - Available Immediately
32,800 SF Total | Multi-Tenant Commercial | 100% Occupied | St. Cloud, MN
100% OCCUPANCY - Demonstrates strong demand and consistent revenue generation.
PRIME HIGHWAY 10 LOCATION - Excellent visibility and accessibility for tenants and clients
FOUR SEPERATELY PARCELED BUILDINGS - Diversifies risk and allows for future flexibility to execute a break up and sell strategy or sell to potential users.
PROVEN HISTORICAL OCCUPANCY - Reflects the property’s longterm stability and appeal.
TURN-KEY INVESTMENT - Ready to generate immediate income with minimal management effort.
QUALITY CONSTRUCTION - All brick buildings with high-end finishes.
FAVORABLE LEASES - Net leases featuring 3% Annual increases.
ATTRACTIVE INVESTMENT OPPORTUNITY - Positioned for long-term appreciation and cash flow
LONG TERM LEASE - Roughly 65% of the buildings are occupied by a long term lease with Reach-Up Head Start which extended their lease early pointing to their long term commitment to the spaces.
FASTEST-GROWING METRO AREAS - St. Cloud is one of Minnesota’s fastest-growing metro areas with a population of 72,000 people and over 200,000 people in the broader metropolitan area
Get in touch
AJ Prins
AP
Sean Doyle
SD
Four building park with a combined 32,808 square feet of education, child development and office space. The property is 100% occupied by three tenants with net leases and 3% annual increases and management reimbursement. The opportunity provides a buyer with steady long term income as 66% of the space is leased through 2033. The property is well situated at the intersection of Highway 10 and Highway 23 providing convenient access to primary thoroughfares in St. Cloud.
Featuring a combined 32,808 square feet of space, the property is 100% occupied by 3 tenants. This opportunity provides a buyer with steady longterm income as 66% percent of the space is leased through 2033. The leases are landlord friendly net leases featuring 3% annual increase and full management reimbursement allowing for an investor to have a third party manage it or have increased cash flow. The office park is well located with visibility and access to a newly reconstructed Highway 10. St. Cloud is 5th largest metro area in Minnesota featuring over 200,000 people. St. Cloud is the county seat of Stearns county and home to St. Cloud State University (10,000 student enrollment) St. Cloud has a diverse and stable job market and has significantly lower cost of living than the Twin Cities.
Total Space Available
32,808 sqft
Sale Price
$5,519,000
Get in touch
AJ Prins
AP
Sean Doyle
SD