1227 Timberlane DrSauk Centre, MN 56378

Property Details for 1227 Timberlane Dr

Year built

1998

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.00 AC

Property size (Sq ft)

8,288 SF

Property type

Commercial real estate

APN

94.58460.0020

APU

94584600020

Description

This 33,272 square foot retail property in Sauk Centre, Minnesota, presents a compelling value-add investment opportunity. Shadow-anchored by a Walmart Supercenter, this shopping center benefits from a high-traffic location at the intersection of I-94/Main St (US Hwy 71), boasting a combined daily traffic count exceeding 33,000 vehicles. The property, built in 1998 and renovated in 2022, sits on a 2.95-acre lot and includes 164 parking spaces, pylon signage, and dual loading docks. Currently, occupancy stands at 23.02%, with three tenants on short-term leases providing immediate income while allowing for redevelopment of the substantial 26,000+ square foot vacant space. These tenants include Fastenal (a Nasdaq-100 and S&P 500 company), Options for Women, and Feldt Financial Services. The property is zoned C-2 and features a recently milled and overlaid front parking lot. The asking price is $1,400,000 ($42.08/sq ft). Seller financing is available. The property is located within the St. Cloud MSA, a major population center in central Minnesota, and enjoys proximity to numerous national brands including McDonald's, Taco Bell, and others. A clean environmental report from 2022 is available. Fee simple ownership is offered, free and clear of debt. This presents a rare chance to acquire a strategically positioned retail asset with significant upside potential through lease-up or redevelopment in a high-demand market with only a 4% vacancy rate.

• Alternative Use

  Use

  Valuation

  Residential

  $1,744,156

  Hospitality

  $1,597,637

  Educational

  $1,329,215

  Medical

  $1,374,929

  Retail

  $2,067,668

Location Insight

City

Sauk Centre

County

Stearns

State

Minnesota

Latitude

45.7224

Longitude

-94.9487

CBSA code

41060

CBSA name

ST. CLOUD, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].