Multi-tenant Retail Center + Stand Alone Restaurant
SIZE
14,553 sf
STATUS
Owned/Operated/For Lease
In an effort to find value and a better yield outside of Colorado, NexGen acquired Westview Plaza in St. Cloud, Minnesota in an off-market transaction. This stabilized 14,000 square foot multi-tenant in-line retail center has consistently maintained full occupancy. Included in the purchase was a standalone outparcel Five Guys restaurant, which serves as the anchor the center. With cosmetic renovations and a new roof installation complete, this investment affords NexGen a stabilized income producing asset.