This multi-tenant retail property at 1190 Main Street South in Sauk Centre, MN presents a value-add investment and redevelopment opportunity within the thriving St. Cloud metropolitan statistical area. Featuring 20,522 SF on a 2.18-acre parcel, the property includes established tenants such as Snap Fitness and Kraemer Lumber Company. Positioned on a signalized four-way intersection within a mile of Interstate 94, this high-visibility location benefits from consistent traffic flow and strong regional connectivity.
The site offers exposure to a robust trade area with adjacent national brands including Circle K, Caribou Coffee, McDonald’s, and Walmart. The Sauk Centre market exhibits a low retail vacancy rate of approximately 4%, indicating sustained tenant demand and long-term stability. Offering an NOI of $77,400, this property generates immediate income potential while providing ample upside through redevelopment or repositioning strategies. Investors can leverage the property’s favorable location within Minnesota’s central corridor and capitalize on ongoing regional growth dynamics.