for sale 16777 marketplace dr. big lake, mn 55309...about the city of big lake 21 demographics 23...
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FOR SALE 16777 MARKETPLACE DR.BIG LAKE, MN 55309
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
PROPERTY INFORMATION 3
PROPERTY PHOTOS 9
LOCATION INFORMATION 16
ABOUT THE CITY OF BIG LAKE 21
DEMOGRAPHICS 23
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16777 MARKETPLACE DR.BIG LAKE, MN 55309
TABLE OF CONTENTS
PROPERTY INFORMATION
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
OFFERING SUMMARY
Sale Price: $1,350,000
Lot Size: 2.24 Acres
Building Size: 12,528 SF
Zoning: B-3 - General Business
District
Traffic Count: 18,400
Price / SF: $107.76
4 Unit Retail - Real Estate + Gas Station, Convenience Store, Car Wash Business For Sale. Very competitive pricingwith a motivated Seller – bring all offers! Over $5MM invested in the land and real estate. Built in 2007 withexcellent value-add opportunity. 4 unit retail building consists of: 5,327 SF Gas Station/Convenience Store (operatedby Seller), 2,635 SF Former Restaurant (Long John Silvers, A&W, & BBQ – last occupied in February, now vacant), and2 vacant retail storefronts totaling 2,376 SF. Total building: 10,338 SF + 2,190 SF Car Wash = 12,528 Total SF. Remodellast year with over $400k invested in new pumps, building, signage, and new Minnoco flag (previously Mobil). Donot disturb business – all tours through listing broker. Contact brokers for financials and additional information.
Developed By: RJ Ryan Construction, ENL, Inc., James R. Hill, Inc., Lampert Architects, EXXON Mobil, YUM Brands,Croix Oil, Specialty Equipment, Pump & Meter
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Total of 6 pumps with E85 & E15
• 2 bays in the car wash (1 bay needs repairs to be operational).
• Restaurant includes commercial kitchen, walk-in cooler & drive thru
• Building is fully sprinklered
• 10, 338 SF + 2,190 SF Car Wash = 12,528 SF
S E C T I O N 1 / P A G E 416777 MARKETPLACE DR.BIG LAKE, MN 55309
EXECUTIVE SUMMARY
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
SALE PRICE $1,350,000
LOCATION INFORMATION
Building Name 16777 Marketplace Dr.
Street Address 16777 Marketplace Dr.
City, State, Zip Big Lake, MN 55309
County/Township Sherburne
BUILDING INFORMATION
Building Size 12,528 SF
Tenancy Multiple
Number Of Floors 1
Load Factor Yes
Construction Status Existing
PROPERTY DETAILS
Property Type Retail
Property Subtype Strip Center
Zoning B-3 - General Business District
Lot Size 2.24 Acres
Traffic Count 18,400
Traffic Count Street US Highway 10
Taxes $32,182.00
PARKING & TRANSPORTATION
Parking Type Surface
Number Of Spaces 81
S E C T I O N 1 / P A G E 516777 MARKETPLACE DR.BIG LAKE, MN 55309
PROPERTY DETAILS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
S E C T I O N 1 / P A G E 616777 MARKETPLACE DR.BIG LAKE, MN 55309
SITE PLAN
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
S E C T I O N 1 / P A G E 716777 MARKETPLACE DR.BIG LAKE, MN 55309
FLOOR PLANS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
S E C T I O N 1 / P A G E 816777 MARKETPLACE DR.BIG LAKE, MN 55309
BIG LAKE, MN 55309
BIG LAKE, MN 55309
FLOOR PLANS
PROPERTY PHOTOS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
S E C T I O N 2 / P A G E 1 016777 MARKETPLACE DR.BIG LAKE, MN 55309
PHOTOS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
S E C T I O N 2 / P A G E 1 116777 MARKETPLACE DR.BIG LAKE, MN 55309
PHOTOS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
S E C T I O N 2 / P A G E 1 216777 MARKETPLACE DR.BIG LAKE, MN 55309
PHOTOS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
S E C T I O N 2 / P A G E 1 316777 MARKETPLACE DR.BIG LAKE, MN 55309
PHOTOS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
S E C T I O N 2 / P A G E 1 416777 MARKETPLACE DR.BIG LAKE, MN 55309
PHOTOS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
S E C T I O N 2 / P A G E 1 516777 MARKETPLACE DR.BIG LAKE, MN 55309
PHOTOS
LOCATION INFORMATION
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
B-3 GENERAL BUSINESS ZONINGThe purpose of the B-3, General Business District is to provide for the establishment of commercial and service activities which draw from and serve customers fromthe entire community or sub-region.
Permitted Uses: Bait & Tackle Shop, Banks, credit unions, and other financial institutions, Beer store (subject to license requirements of the City), Bicycle Sales &Repair, Boat & Marine Sales (when conducted entirely within a building), Building Material Sales (provided it is conducted entirely within a building), ChiropracticClinic, Dry cleaning, Laundromat, Laundry Service, Garden Center (provided it is conducted entirely within a building), Grocery or Supermarket, Health Club, HobbyStore (including handicraft classes), Interior Design Studio, Jewelry Sales & Repair, Library, Live Entertainment (indoor), Meat Market (but not including processingfor a locker) Medical Clinic, Dental Clinic, Multi Tenant Retail Facility, Newspaper Publishing Office, Office Business (general), Office Warehouse (follow link below onall restrictions), Personal Services, Personal Wireless Service Antennas, Photographic Studio, Supply & Processing Store, Pet Shop (shall not include boarding of pets),Printing Establishments, Recreation/Public, Restaurant includes delivery, take out), Retail Business, Service Business, Small Appliance Repair, Shoe Sales & Repair,Wholesale Showroom
For more information please visit the City of Big Lake website:https://www.biglakemn.org/DocumentCenter/View/276/Section-1057-PDF?bidId=
S E C T I O N 3 / P A G E 1 716777 MARKETPLACE DR.BIG LAKE, MN 55309
ZONING INFORMATION
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
S E C T I O N 3 / P A G E 1 816777 MARKETPLACE DR.BIG LAKE, MN 55309
RETAILER MAP
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
S E C T I O N 3 / P A G E 1 916777 MARKETPLACE DR.BIG LAKE, MN 55309
LOCATION MAPS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
TRAFFIC COUNTS
HIGHWAY 10: 18,400 vehicles per day
168TH STREET NW: 1,500 vehicles per day
MARKETPLACE DR: 1,150 vehicles per day
176TH ST. NW: 940 vehicles per day
COUNTY RD. 43 N: 4,650 vehicles per day
COUNTY RD. 43 S: 2,600 vehicles per day
JEFFERSON BLVD.: 21,500 vehicles per day
S E C T I O N 3 / P A G E 1 416777 MARKETPLACE DR.BIG LAKE, MN 55309
TRAFFIC COUNTS
ABOUT THE CITY OF BIG LAKE
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
CITY OF BIG LAKEThe City of Big Lake is located in Sherburne County. Big Lake is a rapidly growingcommunity beyond the metro suburbs with a geographical location in a corridorplacing it 30 minutes from St. Cloud and 35 minutes from Minneapolis/St.Paul. BigLake is also home to the Northstar Light Rail line which runs from Big Lake to theMinneapolis/St. Paul metro area, and also offers Northstar Link bus service to St.Cloud.
Big Lake is populated primarily by young families who value the quality of life thattheir city offers them. Big Lake ensures an exceptional quality of life by activelyenhancing community cohesiveness, cultural events, parks and natural resources,technology advancements and financial transparency. Big Lake also also supports arobust partnership with the Big Lake school district.
Engaged Big Lake citizens find ideal recreational opportunities throughout its 19beautiful maintained city parks, over 20 miles of hiking and biking trails, and theBig Lake destination swimming beach. The weekly Farmers Market, Music in thePark events, and the annual Spud Fest highlight the summer season; similarcommunity gatherings are scheduled year round.
Big Lake remains one of the safest Minnesota communities. They enjoy one of thelowest average crime rates per citizen in the State, and the lowest of all theincorporated cities in Sherburne County. Big Lake was recognized as the 5th SafestCity with a population between 10,000 and 20,000 residents by a recent studypublished, and rated 23rd safest of all Minnesota cities in a second report.
City of Big Lake: https://www.biglakemn.org/
Big Lake Chamber of Commerce: https://biglakechamber.com/
S E C T I O N 4 / P A G E 2 216777 MARKETPLACE DR.BIG LAKE, MN 55309
CITY OF BIG LAKE
DEMOGRAPHICS
Presented By:
Hayden Hulsey, CCIM | Commercial Broker | 651.256.7404 | [email protected]
Mark Hulsey | Managing Broker | 651.256.7404 | [email protected]
POPULATION 1 MILE 5 MILES 10 MILES
Total population 1,045 29,368 109,660
Median age 33.7 32.3 32.4
Median age (Male) 32.5 31.3 32.1
Median age (Female) 34.6 32.9 32.6
HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES
Total households 354 9,892 37,596
# of persons per HH 3.0 3.0 2.9
Average HH income $78,540 $79,925 $82,595
Average house value $235,017 $245,726 $255,351
* Demographic data derived from 2010 US Census
S E C T I O N 5 / P A G E 2 416777 MARKETPLACE DR.BIG LAKE, MN 55309
DEMOGRAPHICS MAP & REPORT