Single Tenant Investment Property

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Property Info:

Location:

Address: 1520 24th Avenue North
Town/Suburb/City: St. Cloud
State/County/Province: MN
Postal code/ZIP: 56301
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Details:

Asking Price: $799,000.00
Square Footage: 7,300

Contact:

Agent's Name: Steve Feneis
Phone Number: 320-420-2837
stevef@granitecityproperties.com
Agent's Name: Maria Berdan
Phone Number: 320-493-1723
mariat@granitecityproperties.com

Property Description:

Great opportunity for a single tenant investment property in St. Cloud, MN!

The property is fully leased to Mother’s Love Childcare, Inc. through February 1, 2022.
The tenant operates a full-service Day Care Facility. This investment is an 8% CAP rate based upon current Lease Agreement. Property is zoned PUD2 – Planned Unit Development District and is conveniently in close proximity to the St. Cloud Hospital, St. Cloud Technical College, and the St. Cloud Area Family YMCA.

Property Flyer