701 1st St - Warehouse FOR SALE


Farmington, MN 55024
$1,400,000 USD
701 1st St, Farmington, MN for Sale
$1,400,000 USD
Warehouse - FOR SALE
1/31
null | Request Cap Rate

701 1st St
Farmington, MN 55024


HIGHLIGHTS

  • For Sale - $47/sf
  • 31,761 Square Feet
  • 1.96 Acres
  • Value-Add Opportunity

OVERVIEW

For Sale: $1,400,000 ($44/sf) NOI: $107,653 Lease Types: NNN Owner/User Option: Yes Operating Expenses/Taxes: $3.75/sf Total Square Footage: 31,761 square feet Lot Size: 1.96 Acres Zoning: I1 Roof: Replaced 2020 Number of Tenants: 11 Year Built: 1951 Clear Height: 9' -14' Loading: 6 Drive-In Doors + 1 Loading Dock

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

6

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.96

LAND SF

85,378

ZONING

I (Industrial)

APN/PARCEL ID

14-77000-04-030

ASK ABOUT THIS PROPERTY

Ethan FingerObsidian GroupMore Info

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Ethan FingerObsidian GroupMore Info

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