William Hill Business Center
735 Olive St, Saint Paul, MN, 55130-4436, US
52,317 sf
Description
Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, has been exclusively retained to offer qualified investors the opportunity to purchase the Walmart Distribution Center in New Hope, MN. This investment represents a rare opportunity to acquire a stabilized, investment-grade distribution facility in one of the nation’s tightest industrial markets with significant embedded value creation through contractual rent increases and mark-to-market potential upon future lease renewals.
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Attributes
Building area net
115,286 sf
Occupancy
100%
Year built
2004
Clear height
32 ft
WALT
3.2 years
Tenants
2
Media
Investment Highlights
- #1 Fortune 500 Company, 13 yrs in a row (S&P: AA) with $681B revenue in 2024
- Mission-critical location and a regional store outfitting center servicing 400+ mile radius
- Minneapolis industrial vacancy at just 4.5% vs. Midwest average of 5.4%
- Strong rent growth with significant upside potential
- Long-term income with high probability of renewal
Contact brokers
Walmart New Hope MN (0 Properties)
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Last updated
2 Sep 2025
