Turn-Key Office
1022 4th Street SE #102 Saint Cloud, MN 56304
1022 4th Street SE #102, Saint Cloud, MN, 56304
$300,000
For Sale
$300,000
Turn-key office suite in Arlington Business Center with negotiable office furniture and cubicles.
Property Size2,092 SF
Price / SF$143.40
Days on Market57
Property Features for 1022 4th Street SE #102
General Information
- Standard status
- Active
- Size
- 2,092 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2004
Listing agency
Premier Real Estate Services
(320) 980-3100
Listed by
Noel M. Johnson · License #20360894
(320) 980-3100
Source
Juverealestate
Added: May 28 Updated: Jul 22 at 1:19PM Checked: Jul 22 at 1:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Real Estate Services
Investment Insights
Based on property information with market context.
This turn-key office space is located within Arlington Business Center and is being offered with office furniture and cubicles available for negotiation. The suite is set up for immediate occupancy, making it straightforward for an incoming tenant or buyer to move in and operate.
The property is next to the new Hwy 10 overpass, providing quick and easy access to Highway 10 and Highway 23.
Please note that the specific suite configuration and any additional building details are not provided in the available information.
The property is next to the new Hwy 10 overpass, providing quick and easy access to Highway 10 and Highway 23.
Please note that the specific suite configuration and any additional building details are not provided in the available information.
Key Highlights
- Office suite in Arlington Business Center with turn‑key office setup
- Year built: 2004
- Located next to the new Hwy 10 overpass with quick access to Hwy 10 & Hwy 23
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.9k | $21.96 |
| − Vacancy | −$12.8k | −$6.13 |
| EGI | $33.1k | $15.83 |
| − OpEx | −$8.3k | −$3.96 |
| NOI | $24.8k | $11.87 |
2,092 SF · lease $21.96/SF/yr · vacancy 27.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$354.9K
$310.5K – $414.0K
NOI $24,842 @ 7.0% cap · market cap 8.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$499.1K
$436.7K – $582.3K
NOI $34,938 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Turn-key office suite in Arlington Business Center with negotiable office furniture and cubicles.
Where is this office units located?
The property is located at 1022 4th Street SE #102 Saint Cloud, MN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Office suite in Arlington Business Center with turn‑key office setup; Year built: 2004; Located next to the new Hwy 10 overpass with quick access to Hwy 10 & Hwy 23
