4205 Lancaster Lane N Plymouth, MN 55441

$2,299,000 N/A N/A
Price Bedrooms Bathrooms
Price has dropped 11.5% since 6/5/2020 Price History
Status: Active

MLS #: 5429900

Office Sq. Feet: N/A
On Site: 60 Days Lot Size: 2.33 Acres
City: See All Properties for Sale in Plymouth
DESCRIPTION
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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.
FEATURES / AMENITIES
Floor: Carpet
Heating: Forced Air
Fuel: Natural Gas
PROPERTY FEATURES
Lot Size: 2.33 Acres / 101494.8 Sq. Ft.
Lot Dimensions: Irregular
Garage: Paved Lot
Water: City Water/Connected
Sewer: City Sewer/Connected
Utilities: Heating Separate
Zoning: Business/Commercial
Directions: Take 169 north to Rockford Road and turn left, turn left on Lancaster Lane, property is on the right.
COMMUNITY, TAX AND RELATED INFO
School District: Robbinsdale
County: Hennepin
Sale Includes: Building, Leases
Tax Amount: $48, 828.00
Tax Year: 2020
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Listing Information Last Updated 8/3/2020
© Copyright 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
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Property Summary

4205 Lancaster Lane N
Plymouth, MN 55441

MLS®: 5429900

List Price: $2,299,000

Description:

MLS® 5429900: This property at 4205 Lancaster Lane N, Plymouth, MN 55441 is located in the Plymouth Plaza 4th Add subdivision and is listed for $2,299,000. MLS® 5429900 has been on the market for 59 days.