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2423 Division St W
Saint Cloud, MN 56301 Seberger

$4,495,000 USD

General Retail For Sale  •  8,043 SF

Property Details

  • Property Type General Retail
  • Total Building Size 8,043 SF
  • Lot Size 0.79 AC
  • Building Class C
  • Year Built 2000
  • Cap Rate 6.20 %
  • Tenancy Multiple
  • Zoning Commercial
0 Transit Score
84 Walk Score

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
Cap Rate: 6.20 %

Major Tenants

Tenant SF Occupied Lease End Date
Caribou Coffee 9/30/2015
FedEx Office
Papa Johns

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Jeff Lefko 844-585-7682 Hanley Investment Group
Jeff Lefko 844-585-7682 Hanley Investment Group