4510 Heatherwood Rd, Saint Cloud, MN for lease
Property Details
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Property Description
SVN | Northco is pleased to present this single-tenant net leased property for lease in St. Cloud, Minnesota. Marco has 10 years remaining on their initial lease, with four 5-year renewal options. This lease features a triple net structure, where the tenant is responsible for all expenses except for roof and structural replacement. The property serves as Marco's Corporate Headquarters.
Over the past four decades, St. Cloud-based Marco has grown to become one of the leading technology service providers in the nation, with 54 locations in the Midwest and East Coast serving more than 36,000 customers nationwide. In 2016, Marco was acquired by Norwest Equity Partners (NEP), a leading middle-market investment firm founded in 1961. NEP invests equity capital in industry-leading companies with proven business models.
The 77,434 square-foot building, constructed in 2012, consists of 48,934 square feet of office space and 28,500 square feet of warehouse space. Situated on approximately 7.20 acres, the property enjoys frontage and visibility along Interstate 94 (46,077 Vehicles Per Day), connecting St. Cloud to Minneapolis/St. Paul. This property is well-positioned at the corner of I-94 and County Road 75, offering excellent visibility and frontage along I-94. The St. Cloud MSA has a population of 196,400.
Highlights
- St. Cloud-based Marco has a long operating history of 40+ years
- NNN lease structure
- 10+ years remaining on initial lease term
- Building & site support +/- 12,000 square feet of warehouse addition
- Landmark property in a major growth area of St. Cloud
- Essential and thriving business model
- Neighboring properties include ATS, Arctic Cat, Coborn’s Inc., Ziegler CAT, Pleasureland and Spee-Dee Delivery
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Location Description
St. Cloud, Minnesota, is a vibrant city located in central Minnesota, nestled along the banks of the Mississippi River. As the county seat of Stearns County, it also extends into Benton and Sherburne counties, positioning it approximately 65 miles northwest of the Twin Cities metropolitan area. This location provides residents with a blend of urban conveniences and scenic natural beauty. The Mississippi River, which flows through the city, offers picturesque views and numerous recreational opportunities, while nearby parks such as Quarry Park Nature Preserve and Munsinger Clemens Gardens attract outdoor enthusiasts.
The city experiences all four seasons, with cold, snowy winters perfect for ice fishing, snowmobiling, and cross-country skiing, and warm, humid summers ideal for enjoying the lakes and parks. St. Cloud is a regional economic hub with a diverse economy, including manufacturing, retail, healthcare, and education sectors. Home to St. Cloud State University and St. Cloud Technical & Community College, the city has a strong educational foundation that supports its economic vitality.
Culturally, St. Cloud boasts a rich arts scene with theaters, museums, and music venues, such as the Paramount Center for the Arts. Community events like the annual St. Cloud Granite City Days and Summertime by George foster a strong sense of community and bring residents together. Transportation is convenient, with major highways, an Amtrak station, and the St. Cloud Regional Airport providing easy access to and from the city. Overall, St. Cloud is a dynamic city that offers a mix of urban amenities and natural beauty, making it an attractive place to live, work, and visit.
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