Schlenner Wenner | 37 28th Ave N
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Schlenner Wenner 37 28th Ave N
10,400 SF 73% Leased Office Building Saint Cloud, MN 56303 £1,019,733 (£98/SF) 3.80% Net Initial Yield
Executive Summary
Building has a potential CAP RATE of 8.5 plus or minus.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,400 SF
Building Class
C
Year Built/Renovated
1956/2003
Price
£1,019,733
Price Per SF
£98
Net Initial Yield
3.80%
NOI
£38,750
Percent Leased
73%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
10,400 SF
Slab to Slab
8 ft
Building FAR
0.28
Land Acres
0.86 AC
Zoning
C2 - Business Commercial
Parking
39 Spaces (3.75 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Fully Carpeted
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
three month lease with a full application and deposit.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 110-506 SF | Office | - | Now |
1st Floor
| Size |
| 110-506 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 110-506 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
three month lease with a full application and deposit.
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Walk Score ®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 82.43920.0000 | Improvements Assessment | £244,736 |
| Land Assessment | £233,754 | Total Assessment | £478,490 |
PROPERTY TAXES
Parcel Number
82.43920.0000
Land Assessment
£233,754
Improvements Assessment
£244,736
Total Assessment
£478,490
-
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Ralphie's Real Estate Company LLC
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Schlenner Wenner | 37 28th Ave N
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