Superior Office Building | 4628 Mike Colalillo Dr
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Superior Office Building 4628 Mike Colalillo Dr
20,000 SF Office Building Duluth, MN 55807 £2,582,085 (£129/SF)
Investment Highlights
- Roof and all HVAC units were replaced in 2021. Fully built out with conference rooms, lots of private offices and unmatched parking!
- Excellent visibility from I-35.
- This property offers a perfect opportunity for employee security with on site parking and within a high quality business park.
Executive Summary
Hard to Find 20,000 SF Office building outside of Downtown.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£71,622
|
£3.58
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£71,622
|
£3.58
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £71,622 |
| Annual Per SF | £3.58 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £71,622 |
| Annual Per SF | £3.58 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
20,000 SF
Building Class
C
Year Built
1996
Price
£2,582,085
Price Per SF
£129
Tenancy
Single
Number of Floors
1
Typical Floor Size
20,000 SF
Building FAR
0.14
Lot Size
3.30 AC
Opportunity Zone
Yes
Parking
225 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | 010359900105 | Improvements Assessment | £1,801,790 (2023) |
| Land Assessment | £429,072 (2023) | Total Assessment | £2,230,862 (2023) |
PROPERTY TAXES
Parcel Number
010359900105
Land Assessment
£429,072 (2023)
Improvements Assessment
£1,801,790 (2023)
Total Assessment
£2,230,862 (2023)
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Superior Office Building | 4628 Mike Colalillo Dr
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