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27644577
27644578

1994 E. Rum River Drive S, Cambridge, MN 55008

JH
MN 40196314
Wakota Commercial Advisors
Listed by Wakota Commercial Advisors
$585,000
259 days on market
Updated 115 days ago

Cambridge Autism Therapy

Details
Property Type Office
Sub Type Medical Office
Square Footage 3,500
Net Rentable (SqFt) 3,500
Units 1
Cap Rate 7.18%
NOI $42,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Pro-Forma Cap Rate 7.18%
Pro-Forma NOI $42,000
Price per SqFt $167
Class B
Year Built 1993
Buildings 1
Stories 2
Acreage 1.180
Investment Type Net Lease
Tenant Credit Corporate Guarantee

Office | 7.18% CAP | 3,500 SqFt

Marketing description

• 3,500 sf, single tenant building.

· Extremely well maintained inside and out.

· New Five (5) year lease to be signed at closing.

· Located in wooded park-like setting in Cambridge’s office/medical park area.

· Located just west of Main St and Hwy 65.

Investment highlights

A new five year lease will be signed at closing with the Tenant who has occupied this property for years. The NOI will be $42,000 NN. The NOI bumps to $45,500 for the five year option.

Listing Contacts

JH
MN 40196314
Wakota Commercial Advisors
Listed by Wakota Commercial Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$42,000.00
$3,500.00/mo

Valuation Metrics

0
DSCR
7.18%
Cap Rate
7.18%
ROI

Map

Zoning

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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jeff Houge
License
40197154
Brokerage
Wakota Commercial Advisors
Brokerage Phone
6124905551
Title
Broker of Record
Brokerage Address
287 E. 6th St, St. Paul MN 55101
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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