710 Faxon Road, Norwood Young America, MN

Industrial for Sale - $1,200,000 - 23,460 Sq. Ft. on 2.02 acres


Agent Info

Lisa Christianson
Christianson & Company CRES

Property Info

CIMLS#1055573
Location
  710 Faxon Road
  Norwood Young America MN 55397
UpdatedApril 16th, 2021
TypeIndustrial
Price$1,200,000
Building23,460 Sq. Ft.
Land2.02 acres

Contact


Property Description

23,460 SF Light Industrial Free Standing Building For Sale and For Lease!

710 Faxon Road is in the growing community of Norwood-Young America where businesses thrive, and opportunities are found. Carver County is noted for having the richest average household income. The 23,460 sf building also has easy access to Highway 212 and is a great owner/user opportunity.

Highlights and Features:

Building: 23,460 sf

Lot Size: 2.02 acres (87,991 sf)

PID: 58.8500010 - 1.36 acres

PID: 58.8500020 - .65 acres

1 dock door and 1 double door

Young America Industrial Park

Rezoned to B-1 Light Industrial

County: Carver

Year Built: 1998

Parking: approx 102 spaces

Area Tenants: Family Dollar, McDonald's, Subway, Dairy Queen, Napa Auto, True Value, Snap Fitness

Demographics and Traffic Counts:

Average Household Population by Drive Time: 3 minutes - 2,687, 5 minutes - 3,483 and 10 minutes - 6,067

Average Household Income by Drive Time: 3 minutes: $66,455, 5 minutes - $71,884 and 10 minutes - $78,184

Traffic Counts: 11,000 vpd on Hwy 212, 4,850 on Cty Rd 33 and 4,700 vpd on Hwy 25

Available For Lease or Sale: 23,460 sf

2021 Total Tax: $49,694.00

Lease Rate: $5.50 psf (absolute net lease)

Sale Price: $1,200,000.00