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    FOR LEASE
    Office buildings

    622 Sunrise Dr, Saint Peter, MN 56082

    11,256 SF 3.5 ac lot Built 1975
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US46-2053191
    Property summary
    AI-generated overview

    This exceptional executive office space, totaling 1,431 square feet, is part of an 11,256-square-foot multi-tenant building located at 622 Sunrise Dr, Saint Peter, MN 56082. Situated on a sprawling 152,454-acre lot in Nicollet County, this Class B building offers a convenient and desirable location. Constructed in 1975, the property boasts ample off-street parking, a sought-after hilltop setting, and is known for its affordability. The building enjoys a diverse tenant mix, including a daycare, cultural center, and H&R Block, creating a vibrant and collaborative environment. Its strategic location provides easy access to Gustavus Adolphus College, Saint Peter High School, and the newly constructed Saint Peter Fire Department. The available space presents a unique opportunity for businesses seeking a well-established, amenity-rich location within a thriving community. This is a multi-tenant building with one space currently available for lease. The property offers a blend of convenience, accessibility, and a strong sense of community. The 1,431 square foot space is ready for immediate occupancy.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1975
    Total area 11,256 SF
    Lot 3.5 ac (152,460 SF)
    APN 19.017.0400
    UPID US46-2053191
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sam & Abes Child Care Learning & Development Center Daycare Center
    • Sheila E. Anderson, NP Physician
    • Dr. Mohammad J. Ranginwala, MD Physician
    • Hikmah Charitable Organization Social Service Agency
    • Kevin Hardesty Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $435k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $649k
    Blend (final) Blend
    $540k
    Owner & transaction history
    Vertical Growth LLC · 12 yrs held
    Vertical Growth LLC
    since 2013
    2 recorded transactions
    2022
    2013
    $610,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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