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4300 School Blvd

13,366 SF 100% Leased Office Building Monticello, MN 55362 $1,200,000 ($90/SF) 9.40% Cap Rate

Office Space Minnesota Monticello 4300 School Blvd, Monticello, MN 55362

Investment Highlights

  • Located East of Highway 25
  • High Traffic Area
  • Great Location for Professional Services
  • Potential for Shared Parking with AM/PM Agreement

Executive Summary

13,366/sf
9.4 Cap
5 Yr Net Lease
(Sept 1, 2023 - Aug 31, 2028)
2.5% Annual Increases
2 (5 Yr) Options to Extend

Attachments

Marketing Brochure/Flyer

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
13,366 SF
Building Class
B
Year Built
2008
Price
$1,200,000
Price Per SF
$90
Cap Rate
9.40%
NOI
$112,800
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,455 SF
Slab To Slab
15’
Building FAR
0.44
Lot Size
0.70 AC
Zoning
B-4 - Commercial
Parking
40 Spaces (2.99 Spaces per 1,000 SF Leased)

Amenities

  • Signage
1 of 1

PROPERTY TAXES

Parcel Number 155-211-001010 Total Assessment $1,191,000
Land Assessment $71,000 Annual Taxes ($1) ($0.00/SF)
Improvements Assessment $1,120,000 Tax Year 2024

PROPERTY TAXES

Parcel Number
155-211-001010
Land Assessment
$71,000
Improvements Assessment
$1,120,000
Total Assessment
$1,191,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
(763) 682-2400

Contacts

  • Listing ID: 26176451

  • Date on Market: 7/15/2022

  • Last Updated:

  • Address: 4300 School Blvd, Monticello, MN 55362

More public record information on 4300 School Blvd, Monticello, MN 55362

The Office Property at 4300 School Blvd, Monticello, MN 55362 is currently available for sale. Contact Commercial Realty Solutions for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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4300 School Blvd, Monticello, MN for sale Building Photo- Image 1 of 7
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4300 School Blvd, Monticello, MN for sale Building Photo- Image 2 of 7
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4300 School Blvd, Monticello, MN for sale Building Photo- Image 3 of 7
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4300 School Blvd, Monticello, MN for sale Building Photo- Image 4 of 7
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4300 School Blvd, Monticello, MN for sale Building Photo- Image 5 of 7
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4300 School Blvd, Monticello, MN for sale Building Photo- Image 6 of 7
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4300 School Blvd
(763) 682-2400 x

4300 School Blvd

1/2

Wayne Elam

(763) 682-2400

(763) 682-2400

Joseph Elam

(763) 682-2400

(763) 682-2400

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