Mahowald Building

Mahowald Building

Epic Downtown Location with Excellent Visibility

This space is currently in shell condition taken back to the brick walls. There are windows on two sides and existing men’s and women’s restrooms that can be incorporated into this space. Visibility from Highway 23 (Division Street) is excellent; traffic count is 31,500 vehicles per day. The adjacent 10th Avenue count is 14,000 vehicles per day.

Assuming a five-year lease landlord will provide a $20 per square foot tenant improvement allowance at a $12 triple-net lease rate. The operating expenses for 2018 are approximately $4.30 per square foot.

Entry to the building on the south side is 915 1st Street South. There is also access via the corner Plaza off St Germain Street and 10th Avenue. There is a city-owned parking ramp and there are various surface parking lots located within one block of this property with permits starting at approximately $72 per quarter.

  Property Flyer


Location

Address: 915 1st Street South
Town/Suburb/City: St. Cloud
State/County/Province: MN
Postal code/ZIP: 56303

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Details

Asking Price: $12.00


Contact

Mike Bobick, CCIM
320-333-2692
Email