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Marco Corporate Center 4510 Heatherwood Rd

77,434 SF Office Building Saint Cloud, MN 56301 £7,451,895 (£96/SF) 5.75% Net Initial Yield

Executive Summary

The property is currently occupied by Marco with 10 years remaining on their initial lease along with 4-5 year renewal options. The lease features a triple net structure with tenant being responsible for everything except roof and structural replacement.

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
77,434 SF
Building Class
A
Year Built
2012
Price
£7,451,895
Price Per SF
£96
Net Initial Yield
5.75%
NOI
£428,571
Tenancy
Single
Number of Floors
2
Typical Floor Size
38,717 SF
Slab to Slab
10 ft
Building FAR
0.25
Land Acres
7.20 AC
Zoning
C
Parking
100 Spaces (1.29 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Central Heating
  • Air Conditioning
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PROPERTY TAXES

Parcel Number 82.47625.0226 Improvements Assessment £5,200,717
Land Assessment £615,762 Total Assessment £5,816,479

PROPERTY TAXES

Parcel Number
82.47625.0226
Land Assessment
£615,762
Improvements Assessment
£5,200,717
Total Assessment
£5,816,479
(763) 682-2400

  • Listing ID: 26413758

  • Date on Market: 16/08/2022

  • Last Updated:

  • Address: 4510 Heatherwood Rd, Saint Cloud, MN 56301

The Office Property at 4510 Heatherwood Rd, Saint Cloud, MN 56301 is currently available For Sale. Contact Commercial Realty Solutions for more information.

Office PROPERTIES IN NEARBY NEIGHBOURHOODS

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4510 Heatherwood Rd, Saint Cloud, MN for sale Building Photo- Image 1 of 4
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4510 Heatherwood Rd, Saint Cloud, MN for sale Building Photo- Image 2 of 4
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© 2024 CoStar Group

Marco Corporate Center | 4510 Heatherwood Rd
(763) 682-2400 x

Marco Corporate Center | 4510 Heatherwood Rd

1/2

Wayne Elam

(763) 682-2400

(763) 682-2400

Joseph Elam

(763) 682-2400

(763) 682-2400

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