Retail W Minnesota

KW Commercial sells 15,000-square-foot retail center in Minnesota

KW Commercial sells 15,000-square-foot retail center in Minnesota,ph01

KW Commercial closed the sale of Delux Retail Center at 24086 State Highway 15, a 15,310-square-foot neighborhood retail center in St. Augusta, Minnesota. This building is anchored by Snap Fitness and Delux Liquor. 

Matthew Klein and Anthony Passanante, investment specialists in KW Commercial’s Eagan, Minnesota, office, represented the buyer, MSK Realty, LLC, in this transaction, which sold for $975,000. The seller was represented by Steve Feneis and Maria Berdan with Granite City Real Estate. 

Delux Business Center is located less than two miles from I-94 along the highly traveled Highway 15 in the St. Augusta/St. Cloud area of Minnesota. This established retail center offered a strong tenant mix and excellent visibility.