2535 CONDON COURT

2535 Condon Court, Mendota Heights, 55120, MN

  • Price: $569,900

  • Status type: For Sale

  • City: Mendota Heights

  • Neighborhood: N/A

  • Bedrooms: 0

  • Property Size :0

  • Listing Agent: NST26986,NST83837

FEATURES

DETAILS

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!

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: N/A

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: N/A

  • Basement Details: ,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: Central Air

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 1962ft²

  • Unit Amenities:

  • Heating System:

    • Forced Air

LOT

  • Acres: N/A

  • Lot Size Dim.: 20x12x92x143x113x141

  • Longitude: 44.8643

  • Latitude: -93.1309

  • Zoning: Business/Commercial

FINANCIAL & TAXES

  • Tax year: 2023

  • Tax annual amount: $3,582

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer - In Street,Mound Septic,Septic System Compliant - Yes

  • Water System: Well

ADITIONAL INFORMATION

  • MLS#: NST7282809

  • Listing Brokerage: Blackbridge Real Estate Agency Icon

ID: 3138604
Published: September 12, 2023
Last Update: September 12, 2023
Views: 26