Weinstine Real Estate Group
Listed by Weinstine Real Estate Group
$4,000,000
Polar Plaza
Details
APN 112922140017
Property Type Retail
Sub Type Strip Center
Square Footage 23,365
NOI $270,000
Occupancy 84.6%
Tenancy Multi
Year Built 1988
Year Renovated 2015
Buildings 1
Stories 1
Acreage 3.800
Zoning MU3
Parking Spaces 175 spaces
Parking Per SqFt 7.49
Investment Type Stabilized
2231 11th Ave E North, North St Paul, MN 55109
Marketing description
Excellent core suburban location at Hwy 36 & McKnight Road. Across from Target and North St. Paul Ball Fields/McKnight Field, near NorthHigh School and Polar arena. Polar Plaza is surrounded by leading national and regional retailers such as Target, Home Depot, Starbucks and Cub Foods. Ample parking to accommodate customers, clients and workforce. Great visibility along Hwy 36 with abundant parking and building signage.
Investment highlights
- Land : Approx. 3.8 acres / 165,667 sf
- Parking Stalls : Approx. 191 stalls
Listing Contacts
Weinstine Real Estate Group
Listed by Weinstine Real Estate Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$270,000.00
$22,500.00/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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