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

Legrand Regional HQ

자산 설명

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.

...

개요

건물 면적 순

9,153 제곱미터

토지 면적 순

3.15 헥타르

리노베이션 년도

2025

준공연도

1982

거주자

Legrand

월트

10 년

임대율

100%

미디어

투자 하이라이트

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