2423 Division St W - Retail FOR SALE


Saint Cloud, MN 56301- Seberger
$4,495,000 USD
844-585-7682
2423 Division St W, Saint Cloud, MN for Sale
$4,495,000 USD
Retail - FOR SALE
1/7
null | 6.2% Cap Rate

2423 Division St W
Saint Cloud, MN 56301
Seberger


HIGHLIGHTS

  • 100% Occupied Three-Tenant Pad; Long-Term Operating History
  • FedEx Renewed Their Lease for 10 Years in 2025, and Has Operated at the Property for 25+ Years
  • Brand New Renovations Including New Roof (With Transferable Warranty), New Parking Lot, and Recent Panting
  • Current Rental Rates at the Center Are Significantly Below Replacement Cost
  • As the Center of Minnesota’s Fastest-Growing Metropolitan Area, St. Cloud Serves as a Commercial Hub for More than 250,000 People
  • Hard Corner Signalized Intersection; Primary Retail Corridor / Regional Retail Destination

OVERVIEW

100% Occupancy; 3-Tenant Pad | Long-Term Operating History (25+ Years) | St. Cloud MSA; 206,000 People

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$559 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FedEx Corner | St. Cloud, MN

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,344 SF

ZONING

Commercial

APN/PARCEL ID

82.45994.0000,82.45996.0000

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.