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1370 Mendota Heights Rd 20,190 sq ft Office Property Mendota Heights, MN 55120 £2,820,362 (£139.69/sq ft) 7.21% Net Initial Yield

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EXECUTIVE SUMMARY

• 100% Occupancy Rate – Single Tenant
• Newley Renovated in 2020
• Absolute NNN Lease through 12/31/2040
• Two 3-Year Renewal Options

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Size
20,190 sq ft
Costar Property Class
C
Year Built
1984
Price
£2,820,362
Price per sq ft
£139.69
Yield
7.21%
NOI
£203,348
Tenancy
Single
Number of Floors
1
Typical Floor Size
20,190 sq ft
Plot ratio
0.27
Total Plot Size
1.69 ac
Use Class
AG2
Parking
75 Spaces

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-48250-01-020
Land Assessment
£293,455
Improvements Assessment
£1,057,481
Total Assessment
£1,350,936
  • Listing ID: 34242302

  • Date on Market: 19/12/2024

  • Last Updated:

  • Address: 1370 Mendota Heights Rd, Mendota Heights, MN 55120

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