328 5th Ave S Saint Cloud, MN 56301
Single-tenant net lease investment opportunity in Saint Cloud, Minnesota.
Property Features for 328 5th Ave S
General Information
- Standard status
- Active
- Size
- 3,339 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing office Inventure Real Estate (320) 980-2300
Listing date May 21, 2026
Source Crexi
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 Inventure Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- NNN lease offers stable, passive income for investors.
- Located in a high‑demand area with heavy traffic (31,000 VPD) on Division Street.
- Proximity to St. Cloud State University (approx. 10,000 students) ensures consistent customer base.
Local Financial Insights For Specialty Retail
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 | $70.1k | $21.00 |
| − Vacancy | −$4.2k | −$1.26 |
| EGI | $65.9k | $19.74 |
| − OpEx | −$16.5k | −$4.94 |
| NOI | $49.4k | $14.81 |