Sunrise Center 16-56 14th Ave NE Local commercial 1 353 m² 100 % Loué À vendre Saint Cloud, MN 56304 2 094 166 € (1 548,17 €/m²) Taux de capitalisation 8,24 %

VALUE-ADD
Four out of the five Tenants are on modified Gross Leases (tenants cover their utilities) as their leases expire (two tenants expire in 2028, one in 2029, and one in 2030), an investor has the ability to convert these tenants to NNN lease structures and mark rents to market, providing a clear path to NOI growth.
INVESTMENT-GRADE ANCHOR TENANT
7-Eleven (Amoco): The anchor suite (Suite 1 — 5,584 SF) is occupied by an Amoco, that is operating on a sublease with 7-Eleven, the world’s largest convenience store chain, with with over 56,000 locations globally. 7-Eleven maintains an investment-grade credit rating of A- (S&P), with approximately $80.3 billion in annual revenue and $70.3 billion in total assets. The NNN lease extends through March 2037, offering long-term, stable cash flow backed by a strong corporate credit.
HIGH VISIBILITY SIGNALIZED INTERSECTION
The property benefits from direct frontage on Highway 23, one of the primary highways serving the Saint Cloud market. A recently completed major road construction project resulted in a new signalized intersection at this location (20,352 VPD), dramatically improving ingress, egress, and visibility for tenants and customers.
ENVIRONMENTAL RISK MITIGATED
Both Phase I and Phase II Environmental Reports (April 2026) identified no recognized environmental conditions (RECs) and no evidence of contamination, supporting a streamlined diligence process reducing execution risk. 7-Eleven is responsible for its environmental and tanks.
MINIMAL NEAR TERM CAPITAL REQUIREMENTS
The seller has invested significantly in the Property in recent years, leaving a buyer with a well-maintained asset requiring minimal near-term capital outlay. Completed improvements include a full mill and overlay of the parking lot (2024), fresh exterior paint (2022), and newer HVAC units throughout. The property also benefits from a standing seam metal roof, one of the most durable and long-lasting roofing systems available.