Great Investment Property Opportunity in St. Cloud
The 7,300 SF building is fully leased to Lovely Child Care Center, LLC. through July 2024. The tenant operates a full service Daycare Facility. This investment is an 8.6% CAP rate based upon current average Lease Agreement. Property is zoned PUD2 – Planned Unit Development District and is conveniently in close proximity to the St. Cloud Hospital, St. Cloud Technical College, and the St. Cloud Area Family YMCA.
1520 24th Avenue North
St. Cloud, MN 56301
Asking Price: $799,000.00
Square Footage: 7,300
Steve Feneis
320.257.3986
Maria Berdan
320.257.3988