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Fitness Center

Monticello Gym

133 Sandberg Rd, Monticello, MN 55362

Listing Price: $3,600,000

Cap Rate
0.10%
Tenant Name
Monitcello Gym
Guarantor
No Guarantee
Rentable SF
36,000
Lease Type
Tenant at Will

Investment Overview

Marcus and Millichap is pleased to present for your acquisition review the Monticello Gym in Monticello, MN. The building sits on the North end of Alexandria, which is 1 hour West of St. Cloud. The property is strategically located on Sandberg Rd. at the intersection of MN-25 and Interstate 94, which are the 2 main thoroughfares through the city. Monticello is an established community a lot of close retail and sits minutes from Minneapolis/St. Paul. Located only 25 minutes from the edge of the cities, Monticello is a sizeable city with a population of 14,768 which has been one of the fastest growing cities in Minnesota, but has a smalltown feel. With MN-25 having 30,000+ cars per day and I-94 traffic count being 64,000+ cars per day, the Monticello Gym has great visibility and great access to this major intersection. Monticello has been expanding along the interstate with residential housing surrounding it. Leaving very little new development options in the heart of the city.

The property is surrounded by a number of traffic drivers including Cornerstone Chevrolet, West Metro Buick GMC, Playhouse Child Care Center, McDonalds, Jimmy Johns, T Mobile, Jiffy Lube, Days Inn by Wyndham, Kids Castle Daycare, Walmart, Emagine Theatre, Taco Bell, Caribou Coffee, Perkins, Runnings, Cub Foods, KFC, Americinn Motel, Burger King, and several other retailers. With Monticello being a regional hub serving the Twin Cities, the growing population, sprawling economy, and the average household income of $79,465, coupled with its geographic location, this Re-Development option is a hard opportunity to pass up!

Investment Highlights

  • Population of 14,768
  • Average Household Income of $79,465
  • Traffic counts MN-25 at 30,000+ and I-94 at 64,000+
  • Regional Hub Serving the Twin Cities
  • Excellent Access and Visibility
  • Tremendous Retail in Immediate Surroundings
  • Great Re-Development Opportunity

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) MN: 40583288

    Minnesota

Fitness Center

Monticello Gym

Listing Price: $3,600,000

Cap Rate
0.10%
Tenant Name
Monitcello Gym
Guarantor
No Guarantee
Rentable SF
36,000
Lease Type
Tenant at Will

Investment Highlights

  • Population of 14,768
  • Average Household Income of $79,465
  • Traffic counts MN-25 at 30,000+ and I-94 at 64,000+
  • Regional Hub Serving the Twin Cities
  • Excellent Access and Visibility
  • Tremendous Retail in Immediate Surroundings
  • Great Re-Development Opportunity

Investment Overview

Marcus and Millichap is pleased to present for your acquisition review the Monticello Gym in Monticello, MN. The building sits on the North end of Alexandria, which is 1 hour West of St. Cloud. The property is strategically located on Sandberg Rd. at the intersection of MN-25 and Interstate 94, which are the 2 main thoroughfares through the city. Monticello is an established community a lot of close retail and sits minutes from Minneapolis/St. Paul. Located only 25 minutes from the edge of the cities, Monticello is a sizeable city with a population of 14,768 which has been one of the fastest growing cities in Minnesota, but has a smalltown feel. With MN-25 having 30,000+ cars per day and I-94 traffic count being 64,000+ cars per day, the Monticello Gym has great visibility and great access to this major intersection. Monticello has been expanding along the interstate with residential housing surrounding it. Leaving very little new development options in the heart of the city. The property is surrounded by a number of traffic drivers including Cornerstone Chevrolet, West Metro Buick GMC, Playhouse Child Care Center, McDonalds, Jimmy Johns, T Mobile, Jiffy Lube, Days Inn by Wyndham, Kids Castle Daycare, Walmart, Emagine Theatre, Taco Bell, Caribou Coffee, Perkins, Runnings, Cub Foods, KFC, Americinn Motel, Burger King, and several other retailers. With Monticello being a regional hub serving the Twin Cities, the growing population, sprawling economy, and the average household income of $79,465, coupled with its geographic location, this Re-Development option is a hard opportunity to pass up!

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): MN: 40583288

    Minnesota

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