Marco Corporate Center | 4510 Heatherwood Rd
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Marco Corporate Center 4510 Heatherwood Rd
77,434 SF Office Building Saint Cloud, MN 56301 $13,465,965 CAD ($174 CAD/SF) 5.75% Cap Rate
Executive Summary
The property is currently occupied by Marco with 10 years remaining on their initial lease along with 4-5 year renewal options. The lease features a triple net structure with tenant being responsible for everything except roof and structural replacement.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
77,434 SF
Building Class
A
Year Built
2012
Price
$13,465,965 CAD
Price Per SF
$174 CAD
Cap Rate
5.75%
NOI
$774,451 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
38,717 SF
Slab To Slab
10’
Building FAR
0.25
Land Acres
7.20 AC
Zoning
C
Parking
100 Spaces (1.29 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Controlled Access
- Central Heating
- Air Conditioning
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Marco Corporate Center | 4510 Heatherwood Rd
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