Investment Overview
401 Sundial Drive is an investment opportunity conveniently located in the Waite Park business district with excellent access to major regional transportation routes. The property is approximately 1.5 miles north of Interstate 94, providing direct connectivity to the Minneapolis–Saint Paul metropolitan area, and roughly 1 mile west of Minnesota State Highway 15, a primary north–south corridor serving the St. Cloud regional market. The site is also located less than ½ mile south of Minnesota State Highway 23, a major commercial corridor through Waite Park.
Investment Highlights
- Stable Tenant: Long-standing tenant Heartland Glass with an established operating history at the property.
- Long-Term Lease: In-place lease provides predictable income with long-term remaining term.
- Strong Yield: Offered at an approximate 8.5% capitalization rate, presenting an attractive return.
- Established Industrial Location: Positioned within the Waite Park / St. Cloud industrial market with convenient access to major transportation routes.