St. Cloud, MN 56301

This exceptional investment opportunity presents a single-tenant, 23,688 square-foot executive office building in St. Cloud, Minnesota. The property, built in 2006 and extensively renovated in 2024 ($645,000 invested), boasts a Class B rating and is 100% occupied under a long-term NNN lease with Creative Planning Business Services, a financially strong tenant with a corporate guarantee. The lease features a 7.25% cap rate and attractive 2.5% annual rent bumps, providing a stable and growing income stream. Situated on a 1.81-acre lot in a prime location just off a major retail and business hub (27,000 VPD traffic count), the property offers easy access to major thoroughfares (Highway 23, Hwy 15, 2nd Street & Division Street), restaurants, and other amenities. The building itself features high-quality finishes, ample parking, a fully sprinklered system, and an attractive granite and glass exterior. The property is zoned PUD and offers an excellent 1031 exchange opportunity. With approximately six years remaining on the initial lease term and a five-year renewal option, this investment provides a secure and lucrative return. The asking price is $5,563,041, with a net operating income (NOI) of $403,320. This is a rare opportunity to acquire a high-quality, single-tenant NNN leased property in a thriving market. The property is located at 220 Park Ave S., St. Cloud, MN 56301, within the Stearns County MSA serving over 200,000 people and approximately 60 miles northwest of the Twin Cities.