PENDING ** Investment Opportunity - 1320 North Village ** PENDING

For Sale

1320 32nd Avenue South, St. Cloud, MN 56301

This St. Cloud property for sale is located at 1320 32nd Avenue South. The current listed sale price for PENDING ** Investment Opportunity - 1320 North Village ** PENDING is $450,000.

Contacts

broker

Kate Hanson

SVN | GC Real Estate Partners

Property Details

  • Property Type Retail - Street Retail
  • Property Size 5,016 SF
  • Units 2
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1988
  • Date Updated Oct 8, 2024
Intersection of 12th Street N and 32nd Avenue N.Located in St. Cloud, this exceptional two-tenant retail/office building is a prime investment opportunity. Fully occupied, this property features stable, high-quality, and long-term tenants, each with Triple Net leases (NNN) and multiple years remaining on each lease. With a gross building area of 5,016 SF, and a net rentable area of 4,086 SF, this property offers a steady income stream for any investor. The property is served by City sewer and water, has two rooftop units, double pane tinted glass windows in metal frames, and mainly brick and concrete block on the exterior of the building. The common area within the building consists of a utility /janitorial room, two common area restrooms, and a hallway. A canopy on the front of the building has a sloped steel roof extending above the roofline. The metal parapet extends around the perimeter of the building. The roof is a rubber membrane with a built-up composition with adequate insulation, steel joists, and a structure with a flat roof. There is a concrete sidewalk along the front of the building.

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Highlights

  • 100% Occupied
  • 34 Parking Stalls
  • Built in 1988
  • NNN Leases
  • Remaining Term on both Leases
  • Quality, long-term Tenants
  • 2024 NOI is $38,635.74
  • 2024 estimated CAM/Tax is $8.94/SF

Attachments

Getting around

  • 76/100

    Walk Score ®

  • 53/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City St. Cloud, MN
  • Neighborhood West End St. Cloud
  • Zip Code 56301
  • Market Minneapolis St Paul

Points of Interest

  • Speedway

    0.59 miles

  • Kwik Trip

    0.61 miles

  • First Fuel Banks

    1.25 miles

  • Go For It Gas

    1.82 miles

  • SpeedStop

    1.88 miles

  • Holiday

    2.08 miles

  • Stop-N-Go

    2.58 miles

  • Sam's Club

    2.63 miles

  • Gilleland Chevrolet

    0.17 miles

  • Bus Parking

    1.44 miles

  • St. Cloud Hospital Parking lot (building E)

    2.04 miles

  • Loading Zone

    2.06 miles

  • W Lot

    2.08 miles

  • O Lot

    2.09 miles

  • M Lot

    2.10 miles

  • V Lot

    2.10 miles

  • E Lot

    2.11 miles

  • AA Lot

    2.11 miles

  • Bravo Burritos Mexicatessen & Bar

    0.03 miles

  • Arby's

    0.06 miles

  • Burger King

    0.10 miles

  • PepperJax Grill

    0.10 miles

  • Red Lobster

    0.15 miles

  • China Great Buffet

    0.17 miles

  • Taco Bell

    0.18 miles

  • $5 Pizza

    0.23 miles

  • Subway

    0.25 miles

  • Panera Bread

    0.26 miles

  • Save-A-Lot

    0.13 miles

  • TJ Maxx

    0.21 miles

  • Walmart Supercenter

    0.27 miles

  • Burlington

    0.28 miles

  • Lunds & Byerlys

    0.41 miles

  • Target

    0.60 miles

  • Crossroads Center

    0.68 miles

  • Macy's

    0.73 miles

  • JCPenney

    0.74 miles

  • Scheel's

    0.77 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Kate Hanson

SVN | GC Real Estate Partners