1811 Old Highway 8 Northwest

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1811 Old Highway 8 Northwest

Saint Paul, MN 55112
Asking Price
$4.25M
Asset Type
Office
Class
Class B

What's Special

1811 Old Highway 8 Northwest is situated in the New Brighton submarket of Saint Paul, Minnesota. The property is positioned near the intersection of Interstate 35W and multi-lane highway corridors, providing regional connectivity to both Minneapolis and Saint Paul. The surrounding neighborhood is a mix of commercial developments and established residential zones. Nearby amenities include various dining options, retail centers, and service-oriented businesses within a two-mile radius. Public transportation access is available via regional bus routes, and the site offers on-site parking for commuters. The building's layout and geographical position suit professional service firms, including legal, accounting, and administrative offices. The asset is well-positioned for small to mid-sized corporate headquarters or satellite offices seeking proximity to major transit arteries. Typical tenants include medical administrative services, technical consultants, and logistics-based back-office operations. The campus-like setting provides a functional environment for organizations requiring a balance of private office suites and collaborative workspaces within a suburban commercial hub.

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NOI
$80,000
Cap Rate
1.88%
DSCR
0.32
Underwater
Cash-on-Cash
-13.52%
Monthly Payment
$21,026.681
Annual Cash Flow
$-172,320.173

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