2342-2348 Helen St N - Office FOR SALE


North Saint Paul, MN 55109
$4,420,000 USD
651-270-1075
2342-2348 Helen St N, North Saint Paul, MN for Sale
$4,420,000 USD
Office - FOR SALE
1/4
null | 7.75% Cap Rate

2342-2348 Helen St N
North Saint Paul, MN 55109


HIGHLIGHTS

  • 7.75% Cap rate
  • Absolute Net Lease
  • 9.5 years remaining

OVERVIEW

The Lionsgate Academy building is located at 2342 Helen Street North in North Saint Paul, MN. This Single-Tenant Net Leased asset boast 29,758 SF of total space exclusively utilized for school and training purposes for the Lionsgate School AIM program. There are 9.5 years remaining on the Absolute Net lease. Serving the East Metro population of the Twin Cities area, this is one of three Lionsgate Academy schools. Conveniently located off Highway 36 the property is minutes from the major traffic arteries of Interstates 694 and 35E.

FOR SALE DETAILS

PRICE

$4,420,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lionsgate Academy

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,267 SF

ZONING

LI

APN/PARCEL ID

12-29-22-42-0122

ASK ABOUT THIS PROPERTY

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651-270-1075

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651-270-1075

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