10900 Red Circle Drive, Hopkins, MN, 55343, US

Legrand Regional HQ

物件概要

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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特性

賃貸可能面積

9,153 ㎡

土地面積ネット

3.15 ha

改装年度

2025

竣工年

1982

テナント

Legrand

ウォルト

10 年

稼働率

100%

メディア

投資のハイライト

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