Exceptional Multi-Tenant

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Susan Boone
5 years ago
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1 Facts & Features Sale Price: $1,270,000 ($91/SF) 5 Retail Units + 1 Apartment Building Size: 13,924 SF Sale Includes Gas Station & Liquor Store Businesses Marathon Gas Station with Car Wash Built in Acre lot 45 Parking Spots 16,700 VPD Traffic Counts on Hwy 61 Excellent Location Contract for Deed Possible Mark Hulsey Managing Broker mobile office Mark@

2 Facts & Features Total Building SF: 13,924 Lot Acreage: 1.95 Acres Approx. Parcel Size: 158x185x487x489 Feet Year Built: Major Addition in 2002 County: Ramsey 2014 Property Taxes: $47,180 Ceiling Height: Approx. 17+ Ft Parking: 50 Spots Sewer: Municipal Water: Municipal Gas: Available Electric: Available Telephone: Available Construction: Concrete Block/Wood Framed Frame: Concrete Block/Wood Framed Exterior Walls: Vinyl Siding Interior Construction: Sheet Rock over Studs Floor Coverings: Carpet, Ceramic, & Vinyl Tiles Ceiling Coverings: Acoustic Tiles Lighting: Incandescent & Fluorescent Fixtures Roof: Asphalt Shingle Foundation: Concrete Slab Elevators: None Stairwells: 1 to apartment unit, with exterior Access Traffic Counts: 16,700 VPD on Hwy 61 Land-to-Building Ratio: 5.46 Sale Price: $1,270,000 Price/SF: $91.20 PID: Legal Description: SUBJ TO HWY & EX S FT; L OT 7 Property Type: Strip Retail/Business/Apartment Zoning: B-2, General Business Frontage: Approx. 490 feet along Hwy 61 Easement: Typical Easements for drainage & utilities Access: 2 curbs cut along Highway 61 Other Site Improvements: Asphalt paved parking & driveways, drainage basins Number of Stories: Single story and partial 2 story Plumbing: C-Store, Liquor Store, & Pizza Shop= Single User Restrooms. Salon & Vacant Retail= Share 2 multi-user restrooms. Pizza Shop= Plumbing servicing the dishwashing equipment & sink. C-Store= Utility sink & mop drain. Heating/Cooling/Ventilation: Each unit serviced with a gas-forced air furnace & central air conditioning Electrical: Separately metered for each unit Sprinklers: 100% throughout building Windows: Wood-framed, double-pane from rear of building

3 Parcel Outline

4 Parcel Outline 1st Level Building Outline 2nd Level Building Outline

5 Zoning Map

7 Rent Roll Tenant Lease Area Start Date End Date Lease Type Monthly Rent Annual Rent Annual Rent/SF Bald Eagle Investment, LLC (DBA Bald Eagle Gas & Bald Eagle Liquor) 5,753 (Excluding Car Wash) 8/1/2013 7/31/2019 Please Contact Listing Broker Mark Hulsey Modified Gross $6,000 72,000 $12.52/SF or ) for Modified a Non-Disclosure Agreement to Salon 61, LLC 1880 SF 2/1/2013 2/1/2018 Gross receive $3,040 Rent Amounts $36,480 and $19.40/SF all other financial information including leases. Vacant Retail Space 2,900 SF N/A N/A N/A N/A Thank N/A you. N/A DBA Majestic Pizza Inc. 1,160 5/1/2011 4/30/2016 Net $1,194 $1,218 $1,243 $1,267 $1,293 $14,333 $14,619 $14,912 $15,210 $15,514 $12.36/SF $12.60/SF $12.85/SF $13.11/SF $13.37/SF 2nd Level Apartment (Upgrades being finished up) 2,046 N/A N/A N/A N/A N/A N/A

8 For larger PDF files of plans, please listing broker.

9 For larger PDF files of survey, please listing broker.

12 Traffic Counts

RETAIL > FOR LEASE 900 SF - 3,650 SF ILLINOIS ROAD AT SCOTT ROAD FORT WAYNE, INDIANA HIGHLIGHTS:

RETAIL > FOR LEASE 900 SF - 3,650 SF ILLINOIS ROAD AT SCOTT ROAD FORT WAYNE, INDIANA HIGHLIGHTS: HIGHLIGHTS: Available Space: 900 SF - 3,650 SF Many recent upgrades include: -New concrete sidewalk installed -Canopy renovated -Roofing and gutters replaced -New lighting installed along sidewalk under