651-428-7814
1090 2nd St S, Sartell, MN for Sale
Storefront - FOR SALE
1/13
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1090 2nd St S
Sartell, MN 56377


HIGHLIGHTS

  • Investment Grade Anchor: Dollar Tree is the anchor tenant and has a BBB rating.
  • Superior Location: Located in on a popular busy street with an average 12,000 VPD
  • Recent Cap Ex: New Roof (2022), New ADA Compliant Ramps, Regular HVAC Servicing, Annual Parking Lot
  • Inflation Hedge: Strong tenant mix with annual/periodic rent escalations provides a guard against inflation along with consistent cashflow

OVERVIEW

CONTACT LISTING AGENTS FOR PRICING GUIDANCE. REASSIGNMENT OF CONTRACT FOR DEED ALSO AVAILABLE ON ADJACENT PROPERTY (7% annual interest, 20yr amortization). Introducing the SUN DANCE BUSINESS CENTER 2 located at 1090 2nd St S, Sartell, MN 56377. This is a premier retail center showcasing a high-traffic location anchored by an investment-grade tenant, Dollar Tree. By being occupied with this BBB-rated tenant, the center offers excellent income stability with periodic rent escalations. The property features recent upgrades including a new roof in 2022 and ADA-compliant ramps, enhancing its appeal to both tenants and customers. Totaling 20,177 SF, this investment opportunity generates a NOI of $198,131.40. Its 75 parking spaces cater to convenience, while strong market demand and nearby retailers contribute to its allure in a thriving retail market. Don't miss out on this prime investment offering with strong income potential at the SUN DANCE BUSINESS CENTER 2. Get it today!

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

B2

APN/PARCEL ID

92.57113.0518

ASK ABOUT THIS PROPERTY

Luke HermansonMRG Realty PartnersMore Info
651-428-7814

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Luke HermansonMRG Realty PartnersMore Info
651-428-7814

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