3520 W Division St - Storefront Retail/Office FOR SALE


Saint Cloud, MN 56301- West Side
$3,899,999 USD
248-702-0288
3520 W Division St, Saint Cloud, MN for Sale
$3,899,999 USD
Storefront Retail/Office - FOR SALE
1/7
null | 6.23% Cap Rate

3520 W Division St
Saint Cloud, MN 56301
West Side


HIGHLIGHTS

  • Long-Term Historical Occupancy - Build-To-Suit For Verizon in 2016
  • Top-Performing Location Nationwide | 90th Percentile via Placer.ai | Top 98th Percentile in Minnesota | #1 out of 20 Within 50 Miles
  • RARE 10-Year Lease Extension | Verizon Recently Extended for An Additional 10-Years Demonstrating Their Commitment To The Site
  • The Lease Features Increases Throughout The Base Term and Options
  • Excellent Visibility and Access Off W Division St | Traffic Counts Exceeding 30,000+ VPD
  • Double Net Lease With Minimal Landlord Responsibilities

OVERVIEW

Long-Term Historical Occupancy - Build-To-Suit For Verizon in 2016

FOR SALE DETAILS

PRICE

$3,899,999 USD

PRICE/SF

$650 USD /SF

CAP RATE

6.23%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon Wireless

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

C5

APN/PARCEL ID

82.47097.0003

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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