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Agenda - Council - 04/11/2017
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Agenda - Council - 04/11/2017
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3/17/2025 3:31:41 PM
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4/10/2017 9:28:31 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/11/2017
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to a print shop, etc. We also note that the seller specifically stated that he was not aware of the <br /> Highway 10 transportation system improvement project when he purchased the property. <br /> 21135 South Diamond Lake Road, Rogers, MN (PID#14-120-23-43-0030) <br /> On 2/22/2013 the retail property located at <br /> 21135 S Diamond Lake Road in Rogers sold <br /> for $775,000, or$63.46 per SF of GBA. This <br /> 12,213 SF of GBA retail building was 40% <br /> occupied at the time of sale, and was <br /> purchased for partial owner-occupancy. <br /> The buyer built-out their portion of the _ <br /> space after sale. The property was originally _ <br /> built in 2005, and was on the market for <br /> roughly 6 months prior to sale. The initial <br /> asking price was$850,000, or$69.60 per SF of GBA. The buyer stated that they liked the location <br /> for their business and that they could collect rental revenue from the rest of the property. <br /> 93 1 <br />
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