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31294 115th Ave
St. Joseph, MN 56374
Asking Price
$850K
Asset Type
Warehouse Industrial
Class
Class B
What's Special
31294 115th Ave, St. Joseph, MN 56374 <ul><li>Built 2018</li><li>Zoning: Commercial</li><li>16' Clear Ceiling Height</li><li>(2) 14' Overhead Doors</li><li>In-Floor Radiant Heat (3,600 SF)</li><li>3-Phase Power Converters</li><li>Floor Drains</li><li>2 Restrooms (1 with Shower)</li><li>New LED Lighting</li><li>New Finishes in 2023</li><li>±1.5 Acres, Nearly ½ Acre Fenced</li><li>Close Proximity to I-94</li></ul>
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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.59%
Monthly Payment
$4,204.841
Annual Cash Flow
$29,541.902
