2140 Seventh Street West
2140 7th Street West, Saint Paul, MN, 55116, US
118,060 sf
Attributes
Building area net
63,505 sf
Clear height
38 ft
Year built
1999
Occupancy
100%
WALT
4.8 years
Description
JLL as advisors are pleased to present Emerald Blue - 1300 Washington, a premier industrial and logistics asset located at 1300 Washington Ave N in Minneapolis, MN. This property offers a unique opportunity for discerning investors seeking stable returns and growth potential.
The property encompasses a building area of 63,505 sqft., with an impressive clear height of 38 feet. Built in 1999, this industrial facility boasts 100% occupancy, anchored by a long-standing tenant with a weighted average lease term (WALT) of 4.8 years, highlighting its reliable income stream.
Strategically situated within Minneapolis, the asset benefits from excellent access to major transportation routes and is surrounded by burgeoning commercial developments enhancing its value. Minneapolis is recognized for its strong industrial market, driven by robust demand for logistics solutions and favorable demographic trends that promise sustained growth.
This compelling investment presents substantial potential for value creation through capital appreciation and cash flow stability, ensuring lucrative returns over time. Investors have the chance to capitalize on the industrial sector's ongoing growth, underscoring the long-term viability and profitability of this well-positioned property.
...
Investment Highlights
- 100% occupancy ensures immediate and stable cash flow.
- WALT of 4.8 years offers medium-term tenancy security.
- Strategically located in industrial hub Minneapolis, MN.
- Clear height of 38 ft caters to diverse logistics operations.
- Well-maintained since 1999, minimizing future expense.
- 63505 sqft of high-grade office, industrial and logistics space.
- Potential for rental growth in high-demand market.
Media
Emerald Blue - 1300 Washington (0 Properties)
