Single-Story Office-Retail
3720 3rd St N Saint Cloud, MN 56303
For Sale
Contact for pricing
Flexible single-story building with ample paved parking and strong visibility along Highway 15 and 3rd Street N.
Property Size15,358 SF
Lot Size1.92 Acres
Price / SF$130.23
Days on Market11
Property Features for 3720 3rd St N
General Information
Standard status
Active
Size
15,358 SF
Lot size
1.92 Acres
Property subtype
RETAIL
Listing Agency:
RIC Property Management Inc
(612) 355-0751
Listed By:
Bryce Thompson
(612) 355-0751
Source:
Moodyscre
Added: Jul 20
Changed: Jul 28
Last Checked: Jul 29 at 3:18PM
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 RIC Property Management Inc
Investment Insights
Based on property information with market context.
3720 3rd Street North is a 15,358± SF, single-story office/retail building on a 1.92-acre commercial site. The flexible layout is designed to accommodate a variety of retail, office, showroom, or other commercial uses, with ample paved on-site parking to support customer and employee access.
The property is located in one of St. Cloud’s established retail corridors, providing visibility and access along Highway 15 (41,388 VPD) and 3rd Street N (6,891 VPD). The site offers convenient connectivity to I-94 and nearby interchanges, and it is approximately a block from CrossRoads Center, anchored by Target, Macy’s, JCPenney, and Scheels.
Surrounded by national retailers including Walmart, The Home Depot, Menards, Best Buy, and Kohl’s, the location also benefits from a mix of restaurants and service businesses. The asset is well-suited for an owner-user, investor, or business looking to expand in a high-traffic commercial trade area.
The property is located in one of St. Cloud’s established retail corridors, providing visibility and access along Highway 15 (41,388 VPD) and 3rd Street N (6,891 VPD). The site offers convenient connectivity to I-94 and nearby interchanges, and it is approximately a block from CrossRoads Center, anchored by Target, Macy’s, JCPenney, and Scheels.
Surrounded by national retailers including Walmart, The Home Depot, Menards, Best Buy, and Kohl’s, the location also benefits from a mix of restaurants and service businesses. The asset is well-suited for an owner-user, investor, or business looking to expand in a high-traffic commercial trade area.
Key Highlights
- 15,358± SF single‑story office/retail building on a 1.92‑acre commercial site
- Excellent visibility and access along Highway 15 (41,388 VPD) and 3rd Street N (6,891 VPD)
- Flexible layout suited for retail, office, showroom, or other commercial uses
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 | $337.3k | $21.96 |
| − Vacancy | −$94.1k | −$6.13 |
| EGI | $243.2k | $15.83 |
| − OpEx | −$60.8k | −$3.96 |
| NOI | $182.4k | $11.87 |
15,358 SF · lease $21.96/SF/yr · vacancy 27.90% · expense 25.00%
Alternative Uses
Best Use
Retail
$2.70M
$2.36M – $3.15M
NOI $189,156 @ 7.0% cap · market cap 9.46%
Second Best
Office B
$2.61M
$2.28M – $3.04M
NOI $182,374 @ 7.0% cap · market cap 9.12%
Theoretical Best
Office A
$3.66M
$3.21M – $4.27M
NOI $256,487 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Flexible single-story building with ample paved parking and strong visibility along Highway 15 and 3rd Street N.
Where is this retail space located?
The property is located at 3720 3rd St N Saint Cloud, MN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 15,358± SF single‑story office/retail building on a 1.92‑acre commercial site; Excellent visibility and access along Highway 15 (41,388 VPD) and 3rd Street N (6,891 VPD); Flexible layout suited for retail, office, showroom, or other commercial uses
