250 14th Ave E - Office FOR SALE


Sartell, MN 56377
$4,000,000 USD
320-253-0003
250 14th Ave E, Sartell, MN for Sale
$4,000,000 USD
Office - FOR SALE
1/2
null | Request Cap Rate

250 14th Ave E
Sartell, MN 56377


HIGHLIGHTS

  • Business campus setting with ample surface parking and green space.

OVERVIEW

This property is located in the City of Sartell and is considered a suburban location. The City of Sartell is located in southwest Benton County ,about 4 miles northwest of the St Cloud Central Business District. The property has great access from US Highway 10 and State Highway 15. This building was a build-to-suit, completed in April 2014 for the initial tenant in this building called Array Services Group, Inc. The company has changed hands twice and the current tenant is Meduit, a medical billing company offering “Revenue Cycle Management” or RCM services. The current lease runs through March of 2032. They have two renewal options of five years each.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

4.1 AC

LAND SF

178,683 SF

ZONING

I1

APN/PARCEL ID

18.00553.00

ASK ABOUT THIS PROPERTY

Mike BobickSVN | GC Real EstateMore Info
320-253-0003

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Mike BobickSVN | GC Real EstateMore Info
320-253-0003

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