Roosevelt Office Park

600 S 25th Ave, St CloudMN 56301

22,160 SF
$2,200,000

Listing Details

List Price
$2,200,000
Listing Price Per SF
$99.28
List Date
10/13/2020
Show Instructions
Call broker
Listing ID
25227613

Multi-Tenant Investment Property

Tenants have managed well against COVID/online sales.

Roosevelt Office Park is strategically located in South Central St. Cloud, just East of the 25th Ave and 2nd Street South intersection.

The building features economical rents and operating expenses, which lends itself to start up businesses that tend to stay and expand in the building. Some of the 18 tenants have occupied the building for more than 10 years, the building is currently 96% occupied.

The property has a high number of health and well-being, service oriented tenants and has become a magnet for this type of practitioner. Property includes a variety of tenants operating businesses not conducive to online replacement and have demonstrated Covid 19 resistance. The building has undergone significant improvements and upgrades in the last several years.

There is ample free parking.

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Space Details

Total Available
22,160 SF
Primary Use
Office
Investment
Yes

Property Highlights

Type
 Office: Mixed Use
Size
22,160 SF, 2.2 Acres
Building Class
B
Occupancy Type
Multi-tenant
Number of Buildings, Floors
1 , 2
Submarket
MN - Saint Cloud

Contact

Michael Bobick

Granite City Real Estate, LLC

Maria Berdan

Granite City Real Estate, LLC

Attachments

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