Schlenner Wenner | 37 28th Ave N
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Schlenner Wenner 37 28th Ave N
10,400 SF 95% Leased Office Building Saint Cloud, MN 56303 $1,300,000 ($125/SF) 3.80% Cap Rate
Executive Summary
Building has a potential CAP RATE of 8.5 plus or minus.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,400 SF
Building Class
C
Year Built/Renovated
1956/2003
Price
$1,300,000
Price Per SF
$125
Cap Rate
3.80%
NOI
$49,400
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,400 SF
Slab To Slab
8’
Building FAR
0.28
Lot Size
0.86 AC
Zoning
C2 - Business Commercial
Parking
39 Spaces (3.75 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Fully Carpeted
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
three month lease with a full application and deposit.
Space | Size | Space Use | Condition | Available |
1st Floor | 110-506 SF | Office | - | Now |
1st Floor
Size |
110-506 SF |
Space Use |
Office |
Condition |
- |
Available |
Now |
1st Floor
Size | 110-506 SF |
Space Use | Office |
Condition | - |
Available | Now |
three month lease with a full application and deposit.
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Walk Score ®
Very Walkable (83)
PROPERTY TAXES
Parcel Number | 82.43920.0000 | Improvements Assessment | $352,000 (2023) |
Land Assessment | $298,000 (2023) | Total Assessment | $650,000 (2023) |
PROPERTY TAXES
Parcel Number
82.43920.0000
Land Assessment
$298,000 (2023)
Improvements Assessment
$352,000 (2023)
Total Assessment
$650,000 (2023)
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Schlenner Wenner | 37 28th Ave N
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