1090 2Nd St Sartell, MN 56377

This exceptional investment opportunity presents the Sundance Business Center II, a multi-tenant retail property located at 1090 2nd St S, Sartell, Minnesota, 56377. The property encompasses 20,177 square feet across eight units within a single, two-story building constructed in 2002. It's zoned B2 and features ample parking (3.65 spaces per 1,000 sq ft), totaling 75 spaces. The center boasts a strong tenant mix, anchored by a corporate-guaranteed Dollar General lease. This provides excellent income stability, further enhanced by rent bumps ranging from 5% to 15% annually or per lease term, depending on the tenant. Recent capital expenditures include a new roof (2022) and ADA-compliant ramps, ensuring the property remains attractive and compliant. The property offers a Core+ investment profile with a multi-tenant occupancy strategy. Situated in a high-traffic area, this center benefits from strong market demand and proximity to other retailers. The property's location in Stearns County provides access to a thriving retail market. This offering presents a compelling investment opportunity with significant income potential and built-in inflation protection through lease escalations. The property's solid tenant base and recent upgrades make it a desirable addition to any portfolio. The APN is 92.57113.0518.