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$2,299,000
4205 Lancaster Ln N, Plymouth, MN 55441
0 Beds
0 Baths
n/a sqft

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Rarely available, value add investment opportunity. Currently 63% occupied, this property will reap ancillary benefits from the approved development plan across the street at the former 4 Seasons Mall site. Easy to manage, with all triple net leases in place, this well located center is positioned to become a cash-flowing asset for the next owner. LEASING INFO - Vacancies of 433 SF, 769 SF, 1,225 SF, 1,728 SF, and 2,985 SF - Quoting $13-$15 BASE RENT + $8.35 CAM/Taxes.
  • Price:
  • $2,299,000
  • Acreage:
  • 2.33
  • Year Built:
  • 1979
  • Listing ID #:
  • NST5429900
  • Street Address:
  • 4205 Lancaster Ln N
  • City:
  • Plymouth
  • State:
  • Minnesota
  • Postal Code:
  • 55441
  • County:
  • Hennepin
  • Subdivision:
  • Plymouth Plaza 4th Add
  • Listing Status:
  • Active
  • Construction Type:
  • Brick/Stone
  • Number Of Units:
  • 15
  • Year Built:
  • 1979
  • Existing Land Use:
  • Professional/Office, Professional Service, Commercial, Vacant, Office
  • Lot Measurement Type:
  • Acres
  • Lot Size:
  • 2.33
  • Lot Size Units:
  • Acres
  • Zoning Description:
  • Business/Commercial
  • Days On Market:
  • 264
  • Included In Sale:
  • Building, Leases
  • Street Type:
  • Lane
  • Subdivision:
  • Plymouth Plaza 4th Add
  • Property Taxes:
  • $48,828
  • Tax Year:
  • 2020
  • Parking Description:
  • Paved
  • Existing Water:
  • City Water/Connected
  • Heating:
  • Forced Air
  • Sewage Type:
  • City Sewer/Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Gold Group Realty
  • Search homes and exclusive property listings

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