600 W. St. Germain Street, St. Cloud, MN

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Baldric Marshall
5 years ago
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BANKRUPTCY SALE 99,300 Sq. Ft. Fee-Owned Big Box Retail Store Available 600 W. St. Germain Street, St.

com Chris Draper (312) 454-4522 cdraper@agrealtypartners.

NO WARRANTIES OF REPRESENTATION, EXPRESSED OR IMPLIED, ARE MADE REGARDING THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND

1 BANKRUPTCY SALE 99,300 Sq. Ft. Fee-Owned Big Box Retail Store Available 600 W. St. Germain Street, St. Cloud, MN Property Information Memorandum Michael Jerbich (312) Chris Draper (312) ALL INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE. NO WARRANTIES OF REPRESENTATION, EXPRESSED OR IMPLIED, ARE MADE REGARDING THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SUCH INFORMATION IS SUBMITTED SUBJECT TO ERRORS, OMMISSIONS, PRIOR LEASES ASSIGNMENT, SUBLEASE AND/OR WITHDRAWAL WITHOUT NOTICE. ALL TRANSACTIONS ARE SUBJECT TO BANKRUPTCY COURT APPROVAL. Jim Terrell (815) Alexandra Graiser (631)

OFFERING SUMMARY OFFERING SUMMARY Available for sale is a 99,300 Sq. Ft. two-story department store that is currently owner occupied by Herbergers (a Bon-Ton store). The property is situated on a 1.

2 OFFERING SUMMARY OFFERING SUMMARY Available for sale is a 99,300 Sq. Ft. two-story department store that is currently owner occupied by Herbergers (a Bon-Ton store). The property is situated on a 1.33 acre parcel, and contains a 3-level building (1 sub-level plus 2 levels at or above grade). Herbergers utilizes 2-levels for its department store space (the ground floor and lower level space), while the upper level (2 nd floor) is fully leased to Capital One Bank. OFFERING HIGHLIGHTS Excellent opportunity for Big Box / Retail Department Store Users Additional properties also available Contact A&G Realty Partners for a complete portfolio list All offers will be considered

3 PROPERTY OVERVIEW PROPERTY DESCRIPTION Address: County: Land Area: Building Size: Site Shape: Site Topography: No. Buildings / Stories: 600 W. St. Germain Street St. Cloud, MN Stearns County 1.33 Acres 99,300 Sq. Ft. Irregular Year Built / Renovated: 1985 Level at Street Grade One / Three Parcel ID: Current Property Taxes: $113,258 Zoning: Parking: Site Improvements: C3, Central Business District The property does not contain on-site parking; however, this is not uncommon for properties located within the downtown business core of St. Cloud. Parking is available within public parking areas such as the surface lots located to the north, as well as the multi-level parking deck located to the south. Minimal site improvements such as landscaping, concrete curbing and walks as the subject site is mostly built-out.

4 IMPROVEMENTS OVERVIEW IMPROVEMENTS DESCRIPTION Basic Construction: Steel and masonry Foundation: Framing: Floors: Exterior Walls: Roof Type: Windows: Pedestrian Doors: Poured concrete slab Structural steel and masonry Poured concrete over a metal deck Masonry Flat with parapet walls Thermal windows in aluminum frames Glass and metal MECHANICAL DETAIL HVAC Elevator Service: Fire Protection: Gas-fired rooftop package HVAC system providing heat and cooling for the entire building The department store contains a set of escalators, 1 passenger elevator and 1 freight elevator 100% sprinklered INTERIOR DETAIL The department store building is oriented along the southeast side of St. Germain Street and has one primary entrance from this roadway, an additional entrance at the intersection of St. Germain Street and 7th Avenue N, as well as an entrance from the southeast building elevation that faces the multi-level parking deck. The store also has multi-level access from the escalators located in the common area corridor located at the southwest portion of the building. Generally, the subject store consists of open selling floor with perimeter office, receiving, and storage space Floor Covering: Walls: Lighting: Ceilings: Carpet & tile Drywall Fluorescent and incandescent Acoustical tile

5 PHOTOGRAPHS

6 SURVEY

7 AERIAL MAPS

8 MAP & LOCATION OVERVIEW LOCATION SUMMARY The property is located in the City of St. Cloud. Neighborhood boundaries are approximately 2nd Street to the north, 35th Avenue to the east, 10th Avenue to the west and 33rd Street to the south. The subject property is located in the downtown business district of St. Cloud. The location is approximately 60 miles northwest of the Minneapolis/St. Paul downtown area. ACCESS SUMMARY Local: Direct access to the subject store is via W. St. Germain Street and 7th Avenue S. There is no on-site parking; however, a parking deck is located immediately southeast of the property and is accessible via 1st Street S and 6th Avenue S. Regional: 2nd Street is located one block southeast of the subject. This roadway is a primary roadway in the downtown district and provides nearby connections with the interstate highway system that serves the St. Cloud area as well as the Minneapolis/St. Paul MSA.

9 CONFIDENTIALITY AND DISCLAIMER Confidentiality and Conditions ALL INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE. NO WARRANTIES OF REPRESENTATION, EXPRESSED OR IMPLIED, ARE MADE REGARDING THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SUCH INFORMATION IS SUBMITTED SUBJECT TO ERRORS, OMMISSIONS, PRIOR LEASES ASSIGNMENT, SUBLEASE AND/OR WITHDRAWAL WITHOUT NOTICE. ALL TRANSACTIONS ARE SUBJECT TO BANKRUPTCY COURT APPROVAL.

Saint Cloud Business Center

Saint Cloud Business Center 14 7th Avenue North Saint Cloud, MN 56303 For Sale or Lease Located on 7th Avenue in the heart of downtown across from the Court House Square. A large professional reception