701-710 Faxon Road

Norwood-Young America, MN 55368
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Property Description

701-710 Faxon Road
Norwood-Young America, MN 55368

Status: For Sale,For Lease

Property Type: Retail,Industrial

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

710 Faxon Road is located in the growing community of Norwood-Young America where businesses thrive and opportunities are found. The 23,460 sf building 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 
  • Zoning: C-2 General Commercial 
  • 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: 

  • 2018 Average Household Population by Drive Time: 3 minutes - 2,687, 5 minutes - 3,483 and 10 minutes - 6,067 
  • 2018 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   

  • 2019 Total Tax: $46,860.00 
  • Lease Rate: $8.00 psf (absolute net lease) 
  • Sale Price: $1,700,000.00

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