Big Box Retail Center: 2nd Street Quad - St. Cloud, Minnesota
- Property Name: 2nd Street Quad
- Rentable SqFt: ± 113,510.00
- Purchase Price: $16,500,000.00
- Price per SqFt: $145.36 /sqft
- Equity: $8,050,000.00
- Loan Amount: $8,050,000.00
- Loan-to-Value: 51.21%
- Percent Occupied: 100.00%
- Type: Single-story, big-box retail center
Property Description:
2nd Street Quad is a single-story, big-box retail center located in St. Cloud, Minnesota. Offering approximately 113,510 square feet of rentable area, the center is currently 100% occupied with national tenants such as Dunham’s Sports, PetSmart, Petter’s Warehouse, and Northern Tool + Equipment. This location benefits from a secure and growing income stream that is supported by quality tenants, reasonable rent levels, and a truly viable retail location.
Top Tenants by Total Rent:
The property is currently 100% occupied with national tenants such as Dunham’s Sports, PetSmart, Petter’s Warehouse, and Northern Tool + Equipment.
Please contact me for a full marketing brochure and further information regarding this investment.
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