1901 Kruchten Ct Sartell, MN 56377
- Commercial real estate
- 11,232 SF
- 2.03 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1901 Kruchten Ct
- Year built
- 2006
- Construction
- WOOD
- Lot size
- 2.03 lot acres
- Property size
- 11,232 SF
- Property type
- Commercial real estate
- APN
- 92.57044.0927
- APU
- 92570440927
Description
This exceptional investment opportunity presents a fully occupied, 23,598 square foot Class B executive office building situated on an 88,216 square foot lot in Sartell, Minnesota. The property, located at 1901 Kruchten Ct S, zip code 56377, consists of two units and is currently operating at 100% occupancy, generating strong rental income. Originally constructed in 2006, the building underwent a complete renovation in 2024, ensuring modern amenities and a fresh, updated aesthetic. The property is categorized as a Core investment, with a Net Net Net (NNN) lease type. Its prime location in Stearns County offers excellent accessibility and visibility, making it an attractive proposition for discerning investors seeking a stable and high-performing asset. The building's recent renovation, combined with its consistently high occupancy rate, positions it for continued success and long-term value appreciation. This is a rare opportunity to acquire a well-maintained, high-performing office building in a thriving Minnesota market. The asking price for this turnkey investment is $4,225,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,950,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,480,000
- 6.5%
- $3,015,000
- 7%
- $3,185,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,320,000
- Geo Method
- $3,125,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,780,000
- Retail
- $3,800,000
- Mixed-Use
- $3,595,000
- Hospitality
- $2,780,000
- Educational
- $3,495,000
- Residential Income
- $3,385,000
- Energy
- $3,185,000
- Income-Based Land
- $3,335,000
- Food Service
- $3,655,000
Location Insight
- Map
- Local Demand
- City
- Sartell
- County
- Stearns
- State
- Minnesota
- Longitude
- -94.1987
- Latitude
- 45.5942
- CBSA code
- 41060
- CBSA name
- ST. CLOUD, MN METROPOLITAN STATISTICAL AREA