Division Street Retail LLC Acquires Centre Place Retail Center In St. Cloud For $5.4M

The retail asset at 4170 Division Street in St. Cloud, MN, was sold for $5,400,000. This property spans 18,866 square feet on 1.49 acres and is part of the Centre Place retail center. The location is currently fully leased, featuring tenants such as Sleep Number, the U.S. Postal Service, and SunTan City, indicating its stable income generation capabilities and appeal to investors.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,400,000
• Address: 4170 Division Street, St. Cloud, MN
• Square Footage: 18,866 SF
• Price Per Square Foot: $286
• Buyer: Division Street Retail LLC
• Seller: Synergy Investment of Minnesota LLC; Sowing Bountifully LLC; Central MN LLC; Brower Investments LLC; St. Cloud Chronometer Bldgs LLC & VMSD LLC
• Broker: Amy Senn - Mid-America Real Estate Group
• Date of Sale: 07/21/2026

Division Street Retail LLC, an affiliate of Inventure Capital, acquired the property from a consortium of local investors. The transaction reflects ongoing demand for stabilized retail assets in the market, even amid higher interest rates, showcasing the continued interest in such properties from buyers and investors alike.