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Multi-Tenant Office Building with Parking
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622 Sunrise Dr, St Peter, MN 56082

Multi-tenant office space with off-street parking and a hilltop setting in St. Peter, with multiple long-term tenants.

Property Size11,256 SF
Price / SF$93.28
Days on Market742

Property Features for 622 Sunrise Dr

General Information

Standard status Active
Size 11,256 SF
Property subtype OFFICE

Building Details

Tenancy Multi
Listing Agency: NAI North Star
Listed By: David Schooff · License ##40137517
Source: Moodyscre
Added: Sep 16, 2024 Changed: Sep 5 Last Checked: Sep 26 at 11:58AM

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 NAI North Star

Investment Insights

Based on property information with market context.

This multi-tenant office building offers 11,256 SF of space with off-street parking and a hilltop setting. The property is described as a net leased investment and includes room for expansion, alongside long-term tenants.

The building is located near the Gustavus Campus and the St. Peter high school. Tenant occupancy includes a daycare, a cultural center, and H&R Block.

The mix of established users supports a steady day-to-day flow, and the off-street parking and hilltop setting provide practical day-one accessibility for tenants and visitors.

Key Highlights

  • 11,256 SF multi‑tenant office building
  • Off‑street parking and hilltop setting
  • Described as a net leased investment with long‑term tenants

Property Analytics

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Current Use

Sam & Abes Child ... Daycare Center Sheila E. Anderson, ... Physician Dr. Mohammad J. ... Physician Hikmah Charitable Organization Kevin Hardesty Alternative Medicine Practice

Suggested Use

Top Pick Auto Repair Shop Building Supply Real Estate Agency Big Box & Wholesale Store Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby

Demographics for 56082, MN

14,507
Population
5,149
Households
2.8
Avg Household Size
34
Median Age
32%
College-Educated
92%
High-School Grad
124.1 sq mi
ZIP Area
117
Density / Sq Mi
$72,332
Median Household Income
$30,904
Median Earnings
$952
Median Rent
$263,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office space with off-street parking and a hilltop setting in St. Peter, with multiple long-term tenants.
Where is this office building located?
The property is located at 622 Sunrise Dr St Peter, MN.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 11,256 SF multi‑tenant office building; Off‑street parking and hilltop setting; Described as a net leased investment with long‑term tenants
(507) 380-7340 Call to check price and availability
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