200 14th E Ave, Sartell, MN 56377
OFFICE For SaleYear Built: 1998
Floors: 1
Class: B
| Space | Size | Type | Pricing |
|---|---|---|---|
| Jefferson Capital Systems Office Building | SALE | $5,000,000.00 |
Tom Sanquist, CCIM - SVN GC Real Estate
PHONE: 3202822042
PHONE: 3202573757
Michael Bobick - SVN GC Real Estate
PHONE: 3203332692
PHONE: 3202573722
Property Description Net leased investment property. Jefferson Capital Systems moved into the building in June of 2023 and the current lease runs through March of 2032, followed by two renewal options of five years each. Location Description Located in the City of Sartell and is considered a suburban location. The City of Sartell is located in southwest Benton County , about 4 miles northwest of the St Cloud Central Business District. The property has great access from US Highway 10 and State Highway 15. Highlights Investment Highlights Building Size: 34,312 SF Cap Rate: 7.84% NOI: $392,160 Price/SF: $146 Occupancy: 100% (Single Tenant) Lease Term: Through March 2032 + (2) five-year renewal options Built: 1998 (originally a build-to-suit call center) Building Class: C Office Tenant Overview Tenant: Jefferson Capital Systems Use: Office / Call Center Headquarters Lease Start: June 2023 Lease Expiration: March 2032 Renewal Options: Two five-year extensions Structure: NNN-style lease (strong credit tenant) Location Highlights City: Sartell, MN (St. Cloud MSA – population 204,000) Proximity: 4 miles northwest of St. Cloud CBD Access: Excellent access to US Highway 10 and State Highway 15 Nearest Airport: 10 miles Market Type: Suburban / Medium Density Average Household Income: $97,766 Median Household Income: $76,214 Property Summary Lot Size: 7.5 Acres (1,100 ft frontage × 400 ft depth) Zoning: I1 – Industrial Construction: Masonry/concrete walls; wood/steel structure; slab on grade Ceiling Height: 8 ft Restrooms: 4 Utilities: Xcel Energy (gas/electric), City of Sartell (water/sewer) Parking & Access Type: Surface Spaces: 262 Ratio: 10.0 / 1,000 SF Condition: Asphalt, average ADA Access: Yes Amenities Two full kitchens Backup generator Two-stall attached garage Loading dock Fitness and yoga room Vending area Basement storage (9,440 SF) Landscaped business-campus setting