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220 Park Ave S
Saint Cloud, MN 56301

$5,075,962 USD

Office For Sale • 25,594 SF

Property Details

Property Type Office
Total Building Size 23,688 SF
Lot Size 1.89 AC
Building Class B
Year Built 2006
Tenancy Multiple
Zoning PUD37

0 Transit Score

42 Walk Score

                
                    Highlights
                
                                100% Leased By Creative Planning Business Services | A Leader in the Financial Services Industry
                            
                                Solid Going In Cap Rate of 8% | $403,320 NOI
                            
                                Attractive 2.5% Annual Rental Increases | One (5) Year Renewal Option To Extend
                            
                                NNN Lease Structure | Very Limited Landlord Responsibilities (Roof & Structure)
                            
                                Property Was Substantially Renovated in 2024 | Approx. $650,000 Invested

Amenities

Controlled Access
Signage
Reception
Natural Light

Public Transportation

Commuter Rail	Drive	Walk	Distance
St. Cloud Amtrak Station (Empire Builder - Amtrak)	9 min	-	4.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	100
Type:	Surface
Included in Rent:	Yes

Scott M. Schmitt, CCIM 320-267-4576 CBC ORION REAL ESTATE ADVISORS, INC.

220 Park Ave S Saint Cloud, MN 56301