15901 85th St NE - Self-Storage Facilities FOR SALE
Elk River, MN 55330 |
$5,200,000 USD
612-394-7553
15901 85th St NE
Elk River, MN 55330
HIGHLIGHTS
- Explosive population growth in the trade area — Otsego is growing 3.79% annually, up 26.17% since 2020, with a median household income of $119,927
- Prime retail-adjacent location — situated less than half a mile from the Target-anchored shopping center at 87th Street NE
- Significant operational upside under professional management — no online rental platform, outdated website, and no revenue management program
- High Quality Build and Site Security — fully paved concrete and asphalt drive aisles, complete perimeter fencing with gated access
FOR SALE DETAILS
PRICE
$5,200,000 USD
PRICE/SF
$163 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.48 AC
LAND SF
238,744 SF
ZONING
-
APN/PARCEL ID
118-096-001040
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612-394-7553
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612-394-7553
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