925 Industrial Dr S - Service FOR SALE


Sauk Rapids, MN 56379
$849,900 USD
651-333-2170
925 Industrial Dr S, Sauk Rapids, MN for Sale
$849,900 USD
Service - FOR SALE
1/4
null | 8% Cap Rate

925 Industrial Dr S
Sauk Rapids, MN 56379


HIGHLIGHTS

  • Sale-leaseback investment opportunity with an operating metallurgical testing laboratory in place.
  • Located within the Sauk Rapids Industrial Park with convenient access to Highway 10.
  • Functional mix of office, laboratory, and warehouse/manufacturing space.
  • Functional mix of office, laboratory, and warehouse/manufacturing space.
  • Features 3-phase electrical service and a drive-in overhead door.
  • Positioned near Sauk Rapids, Sartell, and the greater St. Cloud business market.

OVERVIEW

Industrial sale-leaseback investment opportunity featuring a 10,200-square-foot, single-story precast concrete facility situated on 1.60 acres within the Sauk Rapids Industrial Park. The property is occupied by an operating metallurgical testing laboratory and offers a functional combination of commercial office, warehouse/manufacturing, and laboratory space. Interior amenities include a reception area, spacious conference room, break room, and two restrooms. Located approximately one mile east of Highway 10, the property provides convenient access to Sauk Rapids, Sartell, and the greater St. Cloud area. Building features include a clear-span interior, 3-phase electrical service, one 10-foot-by-10-foot drive-in overhead door, approximately 12-foot clear height, and 15 on-site parking spaces. The NNN sale-leaseback is part of the owner’s planned retirement and orderly business transition, allowing the operating company to remain in place and maintain continuity of operations. Based on the negotiated lease terms, the investment is expected to generate a capitalization rate in excess of 8%.

FOR SALE DETAILS

PRICE

$849,900 USD

PRICE/SF

$83 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.59

LAND SF

69,456

ZONING

C3

APN/PARCEL ID

19.03125.00

ASK ABOUT THIS PROPERTY

Doug CookCommercial Realty SolutionsMore Info
651-333-2170

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Doug CookCommercial Realty SolutionsMore Info
651-333-2170

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