710 Faxon Road

Norwood-Young America, MN 55368
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Property Description

710 Faxon Road
Norwood-Young America, MN 55368

Status: For Sale,For Lease

Property Type: Retail,Industrial

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

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 
  • 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   

  • 2020 Total Tax: $47,070.00
  • Lease Rate: $5.50 psf (absolute net lease) 
  • Sale Price: $1,300,000.00

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