1893 W Highway 36 W
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1893 W Highway 36 W
5,229 SF Retail Building Roseville, MN 55113 $2,253,170 ($431/SF) 6.75% Cap Rate
Executive Summary
Successful restaurant location for decades in the excellent Rosedale retail trade area. 14 year lease.
Recent remodeling of flooring, lighting and decor. Same ownership since 1979. This is a can't miss opportunity in one of the very best locations in all of Minneapolis-St. Paul.
Recent remodeling of flooring, lighting and decor. Same ownership since 1979. This is a can't miss opportunity in one of the very best locations in all of Minneapolis-St. Paul.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,229 SF
Building Class
B
Year Built
1997
Price
$2,253,170
Price Per SF
$431
Cap Rate
6.75%
NOI
$152,089
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
1.45 AC
Parking
100 Spaces (19.12 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 09-29-23-31-0012 | Improvements Assessment | $1,234,200 |
| Land Assessment | $756,000 | Total Assessment | $1,990,200 |
PROPERTY TAXES
Parcel Number
09-29-23-31-0012
Land Assessment
$756,000
Improvements Assessment
$1,234,200
Total Assessment
$1,990,200
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1893 W Highway 36 W
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