S I X T H S T R E E T S TAT I O N

500 Pine StreetMonticello | Minnesota

PROPERTY DESCRIPTION

Investors are extended the opportunity to acquire the 100% fee interest in Sixth Street Station, a 34,251 SF neighborhood mixed-use center in Monticello, MN, a vibrant and unique community offering the best combination of big city access and amenities along with a small-town character. The center is situated on a 2.34-acre site located off heavily traveled Pine Street (27,500 VPD). Tenants offer a diversity of uses including anchor tenant Standard Iron, grocer Supermercado Lomabonita, Hirshfield’s, Papa Murphy’s, Asian Café, West Metro, Perfect Exteriors, and Better Homes & Gardens. Sixth Street Station represents a unique opportunity to acquire a mixed-use center including a corporate headquarters, a grocery component and a variety of demographically aligned tenants with an additional value creation.

ADDRESS: 500-524 Pine Street, Monticello, MN 55362

LAND AREA (2) parcels (APN): 155-010-015010, 155-019-0150702.34 - acres.

BUILDING AREA The subject consists of neighborhood mixed-use center totaling 34,251 SF.

OCCUPANCY Building is 100% occupied.

NOI: $315,296

PARKING150 parking spacesSeal coating applied in 2009Concrete work applied in 2015

TRAFFIC COUNTS Pine Street: +/- 27,500 VPD6th Street: +/- 3,500 VPDCedar Street: +/- 1,450 VPD

BUILT Building was built in 1986 and renovated in 2008, building was purchased in 2007 for SI’s Corporate HQ. Roof was replaced in 2009.

FRONTAGE Pine Street: 340 Feet6th Street: 343 FeetCedar Street: 337 Feet

©2019 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee,

warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not

represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your

advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

CONTACTS:

JAMES LEARY, CCIMSenior Vice President+1 952 924 4601Jim.Leary@cbre.com

JAMES POLKInvestment Specialist+1 612 336 4254james.polk@cbre.com

JAKE COSTELLOInvestment Specialist+1 612 336 4255jake.costello@cbre.com

CBRE800 LaSalle AvenueSuite 1900Minneapolis, MN 55402

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INVESTMENT HIGHLIGHTS

SITE PLAN

S I X T H S T R E E T S TAT I O N

©2019 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee,

warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not

represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your

advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Sixth Street Station | 7

16,310 SF

3,026 SF

2,407 SF

1,275 SF

5,020 SF

Storage Area

Not included in SF calculation

2,665 SF

1,593 SF1,862 SF

TOTAL SIZE: 34,158

Pin

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PD

340 Feet

337 Feet

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VP

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LEASE EXPIRATION: 1/31/2020

LEASE EXPIRATION: 10/31/2021

LEASE EXPIRATION: 12/31/2022

LEASE EXPIRATION: 6/30/2029

SUPERMERCADO LOMABONITA

LEASE EXPIRATION: 7/31/2022

LEASE EXPIRATION: 12/31/2023

LEASE EXPIRATION: 2/28/2020

LEASE EXPIRATION: 1/5/2022

SITE PLAN

CLICK HERE TO ACCESS PROPERTY WEBSITE