Value Add Investment Sale - Brighton Business Center

Transcription

1 FOR SALE > OFFICE BLDG. Value Add Investment Sale - Brighton Business Center 888 County Road D W, St Paul, MN Click for Map harrison@

2 Executive Summary Value Add Investment Sale - Brighton Business Center PROPERTY SUMMARY Sale Price: Lot Size: Building Size: Building Class: Negotiable 0.74 Acres 13,500 SF C Year Built: 1971 PROPERTY HIGHLIGHTS Zoning: Market: Sub Market: Cross Streets: B-3 General Business Twin Cities Suburban Minneapolis St Paul Submarket 88/ New Brighton Road and W County HWY 93 (County Road D) 888 County Road D West, New Brighton, MN Price $ Negotiable Bldg. 13,500 SF Vacant RSF. 2,249 SF / ($3,029 / month gross rent) Lot:.72 Acres Annual gross income: ~ $161,556 Annual Expenses: ~ $56,833 This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Standard Commercial, LLC has not reviewed or verified this information. Buyer and Lessee must verify the information and bears all risk Zoning: for any inaccuracies. B-3 General Business harrison@

3 Property Details Value Add Investment Sale - Brighton Business Center PROPERTY NAME: PROPERTY ADDRESS: PROPERTY TYPE: New Brighton Business Center 888 County Road D W New Brighton, MN Office APN: LOT SIZE: BUILDING CLASS: ZONING: 0.74 Acres C B-3 General Business PARKING SPACES: 50 PARKING RATIO: 4.3 BUILDING FRONTAGE: CROSS STREETS: 88/ New Brighton Road and W County HWY 93 (County Road D) YEAR BUILT: 1971 CONSTRUCTION TYPE: Brick masonry NUMBER OF STORIES: 3 NUMBER OF UNITS: ~ 30 rentable suites harrison@

4 Aerial Map Value Add Investment Sale - Brighton Business Center harrison@

5 Location Maps Value Add Investment Sale - Brighton Business Center harrison@

6 Site Plan Value Add Investment Sale - Brighton Business Center harrison@

7 Rent sq. feet Lease Expir. 888 BUILDING COMFORTECH HEATING-308 $ /31/2018 YOUR HOME-304 $ /30/2018 HEALTHCARE ENVIRONMENT-300 $ /31/2018 AMER FAMILY MICKELSON-202 $1, /30/2018 AMER FAMILY WAKEFIELD-307 $ /30/2018 LAUREN TAYLOR-106 $ /30/2018 FREEDOM HEATING-205 $ /30/2018 BIOTECH USA-108 $ /31/2019 PRIMERICA-302 $ /31/2019 MIMI & WILLIAM-110 $ m-m ROBERT HIATT-115 $ m-m ADENCARE-120 $ m-m CHRISTINE PROF HEALTHCARE-103 $ m-m NORTHERN HEATING-212 $ m-m AUGUST OUTDOOR-201 $ m-m BALSAN HOME CARE-215 $ m-m GOOD LUCK TRANSP-312 $ m-m HOME TREAD-315 $ m-m JOHN MURRAY CPA-101 $ m-m BRUSTAD ASSESSMENT-200 $ m-m 3 PEDALS MASSAGE-310 $ m-m PENDLETON TAX-306 $ m-m MRE SOLAR-213 $ m-m INWYK PARTNERS-102 $ m-m MEDGURU-105 $ m-m MARY SHERMAN HILL-301 $ m-m VACANT VACANT VACANT VACANT VACANT TOTAL $13,

8 888 Bldg Expenses 2017 YTD 888 W. Cty Rd D 2017 Monthly expenses MONTHLY EXPENSES JAN FEB MARCH APR MAY JUNE JULY AUG SEPT OCT NOV DEC ALARM MONITORING $75 $75 $75 $75 $75 $75 $75 $75 $75 $75 $75 $75 CHEMLAWN $84 $84 CLEANING $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 CPA $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 HVAC REPAIR $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 INSUR. $198 $198 $198 $198 $198 $198 $198 $198 $198 $198 $198 $198 INTERNET $146 $146 $146 $146 $146 $146 $146 $146 $146 $146 $146 $146 MAINTENANCE $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 MGMT FEE $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 PEST CONTROL $34 $34 $34 $34 $34 $34 $34 $34 $34 $34 $34 $34 SNOW PLOW/LAWN $400 $400 $400 $250 $328 $250 $328 $250 $328 $250 $400 $400 SUPP $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 TAXES $1,189 $1,189 $1,189 $1,189 $1,189 $1,189 $1,189 $1,189 $1,189 $1,189 $1,189 $1,189 TRASH $138 $138 $138 $184 $176 $194 $147 $151 $151 $151 $151 $158 WATER $93 $88 $88 $88 $75 $75 $75 $75 $75 $75 $75 $75 XCEL ENERGY $1,931 $1,410 $1,329 $1,100 $885 $786 $957 $1,002 $784 $863 $1,019 $1,277 TOTAL MO. EXPENSES $5,604 $5,078 $4,997 $4,664 $4,506 $4,431 $4,549 $4,520 $4,464 $4,381 $4,687 $4,952 $56,833 Page 1

9 Brighton Business Center 888 West County Road D, New Brighton, MN st Floor - Floor Plan With Dimensions North: Plan Not to Scale All Measurements are Approximates 10 - Dr (8) Ste 102 Dr (7) Dr (6) Dr (9) Ste 100 Dr (5) 10-7 Ste 103 Dr (10) Ste 106 Dr (4) Ste 101 Dr (11) Dr (12) Men s B/R 14 - Ste 108 Dr (3) Dr (13) Women s B/R 4-2 Ste 105 Dr (14) 10-6 Dr (15) Dr (2) Rear Entrance Dr (1)

10 Brighton Business Center 888 West County Road D, New Brighton, MN nd Floor - Floor Plan With Dimensions North: Plan Not to Scale All Measurements are Approximates Main Entry Dr (22) Dr (23) Ste 200 Dr (21) Ste 205 Dr (24) Ste 202 Dr (20) Dr (19) Dr (25) 12 - Men s B/R Ste 212 Dr (18) Dr (26) 7-11 Women s B/R Ste 215 Dr (17) Dr (16)

11 Brighton Business Center 888 West County Road D, New Brighton, MN rd Floor - Floor Plan With Dimensions North: Plan Not to Scale All Measurements are Approximates Ste 300 Dr (31) Dr (30) Ste 310 Dr (29) 11-9 Ste 301 Dr (32) Ste 303 Dr (33) Dr (34) 10-9 Dr (35) Men s B/R Ste 307 Dr (37) Ste 308 Dr (27) Women s B/R Dr (36) Ste 306 Dr (28)

12 Additional Photos Value Add Investment Sale - Brighton Business Center harrison@

13 This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Standard Commercial, LLC has not reviewed or verified this information. Buyer and Lessee must verify the information and bears all risk for any inaccuracies.