Mid-Continent Engineering Sale Leaseback

JLL is pleased to present to investors the opportunity to acquire Mid-Continent Engineering (MCE), a 138,920 square foot, single-tenant investment opportunity featuring Mid-Continent Engineering, a well-established company with 75 years of business, in a prime Northeast Minneapolis industrial park. The property is offered as a 12-year sale-leaseback with below market rents, providing stable, long-term cash flow. Its excellent accessibility via I-94 and I-35W, coupled with proximity to downtown Minneapolis, enhances its strategic value. The area boasts strong demographics, supporting the property's long-term potential. Mid Continent Engineering's commitment to the location, demonstrated by the extended lease term, underscores the investment's stability. This offering combines the security of a reputable tenant, the advantages of a prime location, and the potential for value appreciation, making it an attractive proposition for investors seeking a reliable income stream in a thriving Minneapolis submarket.