St. Cloud 4-Building Portfolio 340 Highway 10 S Bureau 3 048 m² 100 % Loué À vendre Saint Cloud, MN 56304 4 752 190 € (1 559,14 €/m²) Taux de capitalisation 8 %

Four building park with a combined 32,808 square feet of education, child development and office space. The property is 100% occupied by three tenants with net leases and 3% annual increases and management reimbursement. The opportunity provides a buyer with steady long term income as 66% of the space is leased through 2033. The property is well situated at the intersection of Highway 10 and Highway 23 providing convenient access to primary thoroughfares in St. Cloud.
Featuring a combined 32,808 square feet of space, the property is 100% occupied by 3 tenants. This opportunity provides a buyer with steady longterm income as 66% percent of the space is leased through 2033. The leases are landlord friendly net leases featuring 3% annual increase and full management reimbursement allowing for an investor to have a third party manage it or have increased cash flow. The office park is well located with visibility and access to a newly reconstructed Highway 10. St. Cloud is 5th largest metro area in Minnesota featuring over 200,000 people. St. Cloud is the county seat of Stearns county and home to St. Cloud State University (10,000 student enrollment) St. Cloud has a diverse and stable job market and has significantly lower cost of living than the Twin Cities.