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$2,600,000 / 31500ft2 - Multi-Tenant Investment / Commercial / Retail Property For Sale (coon rapids)

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31500ft2
Great investment chance in this multi-tenant commercial property with stable tenants of various types and flexible zoning for Automotive & Office Warehouse through CUP.
Increase value through CAM reconciliation, low rents with potential for more income, and recent $650k renovations, with most units being small and easy to rent, ensuring steady returns.

GENERAL HIGHLIGHTS
Address: 3050 Coon Rapids Blvd NW MN 55433
Price: $2,600,000 /SF $82.05
NOI: $181,423
Cap Rate: 6.90%
Lease Type: NNN
Zoning: PORT: Campus Square

Property Highlights:
Total Square Feet: 31,500 SF
Occupancy: 100%
Total Lot Size: 1.80 Acres (78,408SF)
Number of Parking: 92 Parking Stalls
Tenancy: Multiple
Number of Buildings: 1
Class: C

View Flyer for more info:
https://drive.google.com/file/d/1sAp2ASCh_Z4ac3pboNNaLLaLU_dBWLWG/view?usp=drive_link

Contact info:
612-444-3333
PLEASE REFRAIN FROM GOING TO THE PROPERTY UNANNOUNCED.

post id: 7747551718

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