Sartell Office Building For
250 14th E Ave, Sartell, MN
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Office building in Sartell, MN, leased through March 2029.
Type:OFFICE
Property size:
23,840 SFLot size:
4.10 AcresPrice / SF:
$167/SF- Added:
- Oct 9, 2025
- Days on Market:
- 222
- Last Refresh:
- Apr 5 at 8:10 pm
Property Features for 250 14th E Ave
General Information
- Standard status
- Active
- Size
- 23,840 SF
- Lot size
- 4.10 Acres
- Property subtype
- OFFICE
Listing agent Michael Bobick (320) 333-2692
Listing office SVN GC Real Estate (320) 333-2692
Listing date Oct 9, 2025
Source Moodyscre
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 SVN GC Real Estate
HighLights
- Long‑term lease in place through March 2029 with a reputable tenant (Meduit, a medical billing company).
- Tenant has a three‑year renewal option.
- Located in a suburban location in Sartell, MN.
- Excellent access to US Highway 10 and State Highway 15.
- Built in 2014 as a build‑to‑suit property.
- Located approximately 4 miles from the St. Cloud Central Business District.
Overview
This office building, completed in April 2014, was originally built for Array Services Group, Inc. The current tenant is Meduit, a medical billing company offering Revenue Cycle Management services. The current lease extends through March 2029, with one three-year renewal option. The property is situated in Sartell, Minnesota, a suburban location in southwest Benton County, approximately 4 miles northwest of the St. Cloud Central Business District. It benefits from convenient access to US Highway 10 and State Highway 15. The building has a total area of 23,840 square feet.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$3.05M
NOI $274,860 @ 9.00% cap · cautious / downside scenario
Moderate
$3.93M
NOI $274,860 @ 7.00% cap · market / base-case scenario
Aggressive
$5.50M
NOI $274,860 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $383.3k | $16.08 |
| − Vacancy | −$16.9k | −$0.71 |
| EGI | $366.5k | $15.37 |
| − OpEx | −$91.6k | −$3.84 |
| NOI | $274.9k | $11.53 |
23,840 SF · lease $16.08/SF/yr · vacancy 4.40% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$3.93M
$3.44M – $4.58M
NOI $274,860 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.22M
$4.57M – $6.09M
NOI $365,386 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Meduit Sartell
Medical Billing Service
Location Insight
- Map
- Local Demand
- City
- Sartell
- County
- Stearns
- State
- Minnesota
- Longitude
- -94.2357
- Latitude
- 45.6233
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Office building in Sartell, MN, leased through March 2029.
Where is this office building located?
The property is located at 250 14th E Ave Sartell, MN.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Long‑term lease in place through March 2029 with a reputable tenant (Meduit, a medical billing company).; Tenant has a three‑year renewal option.; Located in a suburban location in Sartell, MN.
