Neogen STNL Industrial Life Science Offering - Twin Cities, MN
6744 33rd St N, Oakdale, MN, 55128-3623, US
4 249 mètres carrés
Description de l'actif
JLL is pleased to present the fee-simple interest in the Legrand Regional Headquarters (the “Property”) located in Minnetonka, MN. The Property is currently 100% leased by Legrand. Legrand Regional Headquarters provides investors the opportunity to acquire a mission-critical facility with an institutional quality tenant. The Property features newly, modernized tenant-funded renovations. Legrand is an industry leading tenant on a long-term in-place lease with a high likelihood for a lease renewal, assuring stable cash flows and returns to investors. This asset is ideally positioned as a desirable light industrial product within the Twin Cities western submarket and presents a considerable discount to replacement cost.
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Attributs
Superficie du bâtiment nette
9 153 mètres carrés
Superficie du terrain nette
3,15 ha
Année de rénovation
2025
Année de construction
1982
Locataires
Legrand
VALSE
10 années
Occupation
100 %
Média
Points forts de l'investissement
- Fully occupied by Legrand (S&P: A-), a global leader in designing and manufacturing electrical, data, AV equipment and solutions on a long-term, 10-year lease
- The property will serve as Legrand’s sole Minnesota office, consolidating their executive team, engineers, and techs into one location
- $5M+ in committed tenant improvements by Spring of 2025, featuring a complete interior renovation and Class A office-tech finishes and high-end amenities
- Excellent connectivity to the rest of the metro with access to Crosstown 62, Hwy-169 and I-494
- Prime location in Opus Business Park with walking distance retail and two blocks from the new Metro transit light rail Station providing excellent connectivity
- Situated within the highly desirable Golden Triangle Micro-market filled with an abundance of major employers and only 2.3% vacancy
- Mission-Critical R&D engineering facility designed to accommodate plasma cutters, welding stations and a gantry crane
Contactez les courtiers
Legrand Regional HQ (0 Propriétés)
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Dernière mise à jour
11 févr. 2025
