701 1st St

701 1st St, Farmington, MN 55024

INDUSTRIAL For Sale For Lease

Year Built: 1951

Floors: 1

Class: C

Available Spaces

Space	Size	Type	Pricing
Value-Add Warehouse For Sale		SALE	$1,400,000.00
Farmington Warehouse		LEASE	Contact for pricing

Contact

Ethan Finger - Obsidian Group

PHONE: 5075813479

Description

Property Features: - Total Square Footage: 31,761sf - Lot Size: 1.96 Acres - Zoning: I1 - Roof: Replaced 2020 - Number of Tenants: 11 - Year Built: 1951 - Clear Height: 9' - 14' - Loading: 6 Drive-In Doors + 1 Loading Dock Investment Overview: - For Sale: $1,400,000 ($44/sf) - NOI: $107,653 - Lease Types: NNN - Owner/User Option: Yes - Operating Expenses/Taxes: $3.75/sf