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1090 2nd St S
20,177 SF Retail Building Sartell, MN 56377 For Sale
Investment Highlights
- Investment Grade Anchor: Dollar Tree is the anchor tenant and has a BBB rating.
- Recent Cap Ex: New Roof (2022), New ADA Compliant Ramps, Regular HVAC Servicing, Annual Parking Lot
- Superior Location: Located in on a popular busy street with an average 12,000 VPD
- Inflation Hedge: Strong tenant mix with annual/periodic rent escalations provides a guard against inflation along with consistent cashflow
Executive Summary
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Pylon Sign
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
-
- Retailer
- 9,163 SF
- -
- -
At Dollar Tree, their customers can expect to find an environment where shopping is fun. They're known for their “thrill-of-the-hunt” shopping experience where customers can discover new, exciting items every week, from everyday essentials to fun craft, seasonal, and party merchandise. Many of the items they carry sell for more elsewhere, which means that their customers can stretch their dollars to get the products they need at an extreme value. They remain fiercely committed to their mission of bringing their customers extreme value every day, along with more thrills, more fun & new items every week! Dollar Tree carries a broad, exciting mix of consumable, variety, and seasonal merchandise that includes many trusted national and regional brands. In the midst of massive growth, Dollar Tree remains committed to their original mission: giving customers extreme value at low prices. With stores in the U.S. and Canada, they are fulfilling that mission more now than ever before.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
|
|
Retailer | 9,163 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This 2,500 sq ft space, available for $2,000 a month on a triple net (NNN) lease, offers a versatile setup with half dedicated to office use and the other half as warehouse space. The office is located on the second floor, while the warehouse is situated at the back of the building, featuring 12 ft ceilings and a 10x10 overhead door. The space includes finished, clean bathrooms and a shared common hallway, with ample parking available. Located in a great area, it is surrounded by restaurants, coffee shops, and various retail stores, making it a convenient and attractive spot for your business needs.
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 2,500 SF | Industrial | - | Now |
2nd Floor
| Size |
| 2,500 SF |
| Space Use |
| Industrial |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size | 2,500 SF |
| Space Use | Industrial |
| Position | - |
| Available | Now |
This 2,500 sq ft space, available for $2,000 a month on a triple net (NNN) lease, offers a versatile setup with half dedicated to office use and the other half as warehouse space. The office is located on the second floor, while the warehouse is situated at the back of the building, featuring 12 ft ceilings and a 10x10 overhead door. The space includes finished, clean bathrooms and a shared common hallway, with ample parking available. Located in a great area, it is surrounded by restaurants, coffee shops, and various retail stores, making it a convenient and attractive spot for your business needs.
PROPERTY TAXES
| Parcel Number | 92.57113.0518 | Improvements Assessment | £992,749 |
| Land Assessment | £382,321 | Total Assessment | £1,375,071 |
PROPERTY TAXES
-
Luke Hermanson -
Thomas Stevens -
Doug McNicoll -
MRG Realty Partners
Presented by
1090 2nd St S
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