Office/Warehouse Property for SALE

Transcription

1 44,500 VPD SITE Add l 3.22 Acres Also for Sale 33,400+/- SF Office & Warehouse/ Light Industrial Building High profile building with excellent visibility to Hwy ,000 VPD +/-12,500 total SF office space +/-17,400 total SF shop/warehouse/flex areas +/-3,500 total SF mezzanine area 4 drive In doors, 3 loading docks - cross loading 24 clear height 800 Amp, 208 Volt, 3-Phase power 45+ On-site parking spaces 3.22 expansion acres available for separate purchase

2 Site Data Location, Visibility and Versatility Listing Price: Includes: Lease Rate: $1,777,777 Building, land $12/SF NNN Location: 5600 Queens Ave NE, PID Number: Taxes: $41,092 Legal Description: Zoning: Lengthy see tax report I-3 Special Industrial District Topography: Utilities: Number of Buildings: 1 Generally Level Queens Ave. NE access Water Sewer Fuel Electric Number of Floors: Partial 2 Story Total SF: +/-33,400 Acres: 3.18 Building Type: Year Built: 1999 Steel Frame - Steel & Brick Exterior Private Well Private Septic Natural Gas 800 Amp, 208 Volt, 3-Phase Power Parking: Loading: Occupied: Neighboring: 45 On-site Spaces 3 Docks + 4 Drive ins Cross Loading 100% Leased Industrial Commercial with surrounding residential General: Prominent building and excellent site lines from Hwy. 101

3 Radius Demographics Community-at-a-Glance County Seat: Hennepin 3 Mile Radius Population: 15,659 Median Age: 33.8 Average Family Size: 3.38 Median Home Value: $235,100 Median Household Income: $85,267 Commute Time (minutes): 28.4 *2010 US Census Data & Esri Forecasts General Characteristics 1 Mile 3 Mile 5 Mile Total population 1,756 15,659 39,608 Male 882 7,767 19,915 Female 874 7,892 19,693 Median age (years) Under 5 years 162 1,319 3, years and over 1,170 10,596 27, years and over 97 1,164 2,834 Average household size Average family size Total housing units 569 5,661 14,305 Social Characteristics 1 Mile 3 Mile 5 Mile Pop. 25+ by Educational Attainment 888 7,935 23,100 HS graduate 28.5% 28.2% 30.0% Associate degree 18.2% 14.4% 14.0% Bachelor s degree 22.3% 23.3.% 18.6% Family Households 455 4,068 10,629 Economic characteristics 1 Mile 3 Mile 5 Mile In labor force 665 5,381 15,789 Average travel time to work (minutes) Median household income (dollars) 103,630 85,267 90,591 Average household Income (dollars) 60,599 60,281 64,162 Per capita income (dollars) 36,214 33,818 33,754 Housing Characteristics 1 Mile 3 Mile 5 Mile Owner-occupied homes 498 4,619 12,100 Median value (dollars) 298, , ,922 Renter-occupied homes ,565

4 Main Level Floor Plan +/-13,000SF Warehouse with 3 docks and 3 drive-in bays Cross loading +/-6,200SF main level office space +/-1,700sf main level flex space 100% Leased LIGHT INDUSTRIAL / WAREHOUSE / SHOP RETAIL / SHOWROOM Dock Dock LEASED Flooring & Design Dock

5 2nd Floor - Floor Plan +/-6,300SF second floor office space +/-2,700SF flex space +/-3,500SF mezzanine space 5 stairwells and one elevator Currently ~93% leased OFFICE / MEZZANINE 798SF AVAILABLE LEASED Flooring & Design

6 Representative Interior Pictures (Suite 200 Reception, Conference and Common/Open Areas

7 Site Plan & Summary Queens Avenue Listing Price: $1,777,777 Includes building and land Lease Rate: $12/SF NNN The information herein was obtained from sources deemed to be reliable. The information includes projections, assumptions and estimates as examples only and of a forecast nature yet may not represent actual, current or future performance. We make no guarantees or warranties. It is submitted subject to the possibility of withdrawal without notice, errors, change of price, omissions, financing, rental or other conditions. You and your tax and legal advisors should conduct your own investigation of the property and contemplated or proposed transac- Last Updated: Tuesday, September 06, ,400+/- SF Office & Warehouse/ Light Industrial Building on 3.18 Acres PROMINENT CORPORATE COMPLEX on HIGHWAY DRIVE INS, 3 DOCKS, CROSS LOADING 33,400+/- SF consisting of approximately 6,200 SF main level office/showroom, 1,700 SF flex space, 13,000 SF industrial/ warehouse space, three docks with cross loading, four drive in doors, 24 clear height, 800 amp, 208 volt, 3-phase power, and building elevator. Approximately 6,300 SF of second floor office space, 2,700 SF flex space, and 3,500 SF mezzanine space offer additional flexibility for owner/user corporate facility and/or income producing potential. Additional 3.22 expansion acres available for separate purchase. Premium visibility from highly traveled Hwy.101 and conveniently located just minutes from I-94.