3966 39th Avenue NE

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3966 39th Avenue NE

Alexandria, MN 56308
Asking Price
$825K
Asset Type
Warehouse Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail and warehouse facility totaling 14,108 square feet.
  • Located within the growing commercial market of Alexandria, Minnesota.
  • Available for purchase at an asking price of $825,000.
  • Property address is 3966 39th Avenue NE, zip code 56308.
  • Asset provides flexible space for retail or industrial operations.

What's Special

Alexandria remains a vital hub in central Minnesota, serving a diverse population with consistent demand for commercial and industrial space. Situated at 3966 39th Avenue NE, this retail and warehouse asset encompasses 14,108 square feet of flexible floor area. The property benefits from the regional connectivity of the Alexandria area, providing logistical advantages for businesses requiring accessible distribution points or storefront operations. The scale and layout of this facility make it well-suited for a variety of commercial functions, including inventory storage, specialized retail displays, or industrial light manufacturing. Investors and owner-users will find a functional footprint capable of supporting long-term operational needs within this growing professional submarket. The surrounding region continues to support a mix of commerce and enterprise, positioning this site as a practical selection for those seeking an established foothold in the Minnesota market.

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NOI
$80,000
Cap Rate
9.70%
DSCR
1.63
Strong
Cash-on-Cash
12.53%
Monthly Payment
$4,081.65
Annual Cash Flow
$31,020.202

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