2222- 2Nd StDuluth, MN 55806

For Sale
$7,125,000
Added:
Dec 11, 2024
Days on market:
125

Highlights

  • 24,426 SF Multi-Tenant Industrial Park
  • 15-Unit Industrial Park, 93% Leased
  • Professionally Managed
  • Pro Forma Cap Rate: 6%; Existing Cap Rate: 5%
  • Year 1 NOI: $425,012.40; Year 2 NOI: $442,012.89
  • 14 New AIR NNN Leases at $1.45/SF NNN + $0.30 NNN

Property Details for 2222- 2Nd St

Property type
Warehouses, Industrial properties
Square Feet
24,426 SF
Lot Size (sq. ft)
39,204 SF
Units
15

Location Insight

City
Duluth
County
St. Louis
State
Minnesota
Latitude
46.7659992
Longitude
-92.1290934
2222- 2Nd St, Duluth, Minnesota

FAQs

Where is the warehouse located?
The property is located at 2222- 2Nd St Duluth, MN.
What is the asking price?
The asking price for this property is $7,125,000.
What are key features of this property?
This property features: 24,426 SF Multi-Tenant Industrial Park; 15-Unit Industrial Park, 93% Leased; Professionally Managed
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2222- 2Nd St
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