2535 Condon CT Active Save Request In-Person Tour Request Virtual Tour
Mendota Heights,MN 55120
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6432139
Year Built 1977
Annual Tax Amount $3,582
Tax Year 2023
Lot Size 0.380 Acres
Property Description
Great opportunity for an investor. 7.0+% Cap Rate on this Double Net Leased Property. This large lot at a cul-de-sac is a commercial building that is 100% occupied by the Bridge Autism Clinic who operates during daily normal business hours. They have more than 3 years left on their lease with annual increases. Tenant pays for all operating expenses except Taxes and Insurance. Has had many upgrades within the past few years. Great Unique Investment Opportunity!
Location
State MN
County Dakota
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building,Land
Exterior
Garage Concrete,Parking Lot
Utilities Available Electric Separate,Heating Separate,Hot Water Separate
Building
Foundation 1962
Sewer City Sewer - In Street,Mound Septic,Septic System Compliant - Yes
Water Well
Structure Type Wood Siding
Schools
School District West St. Paul-Mendota Hts.-Eagan