TractorWorks Building_Pand te koop
TractorWorks Building_Pand te koop

TractorWorks Building

800 Washington Ave N, Minneapolis, MN, 55401-1330, US

Objectomschrijving

Jones Lang LaSalle Americas, Inc. ("JLL"), as the exclusive advisor, proudly presents the opportunity to acquire the 100% fee simple interest in TractorWorks (the "Property" or "Opportunity"), a revitalized, 9-story, creative office building totaling 372,205 RSF in the highly sought-out North Loop district. TractorWorks benefits from superior connectivity and accessibility given its prime North Loop location that puts it just off of I-94 and 6 blocks away from Target Field Rail Station.


At 59% leased with 4.4 years of remaining average lease term (“WALT”), the Property provides an investor with the opportunity to acquire a premier historic office asset at a substantial discount to replacement cost and substantially increase NOI through the lease up of 128,000 RSF. The 640 parking stalls in an area notoriously known for a lack of parking provides an additional opportunity to significantly increase revenue. With over $21 million of capital invested since 2014, ownership has meticulously maintained and transformed the Property. Paired with its dynamic North Loop location, TractorWorks offers investors the exceptionally rare opportunity to create value through lease up. All inquiries regarding this value-add creative office asset should be directed to JLL. 

...

Kenmerken

Verhuurbare oppervlakte
34.579 vierkante meter
Bestemming
DT2 - Downtown Destination District
Aantal verdiepingen
9
WALT
4.4 jaren
Parkeerplaatsen
640

Media

Investeringskenmerken

  • CHECKS ALL THE BOXES FOR AN EXECUTABLE VALUE-ADD OPPORTUNITY


  • HIGHLY-AMENITIZED CREATIVE OFFICE


  • CONNECTIVITY TO SURROUNDING DYNAMIC NORTH LOOP DISTRICT & BUSTLING DOWNTOWN MINNEAPOLIS


  • AMENITY-RICH LOCATION: THE NORTH LOOP


  • HISTORIC ASSET IN THE HEART OF NORTH LOOP


  • INCREDIBLE BASIS AT A SUBSTANTIAL DISCOUNT TO REPLACEMENT COST
TractorWorks Building 4_Pand te koop
TractorWorks Building 4_Pand te koop

Contact adviseurs

TractorWorks Building (0 Eigendommen)

Vergelijkbare eigendommen

Bekijk meerChevron Right
Heeft u vragen? Bezoek onze FAQ-pagina
Bekijk FAQ-paginaArrow Right
JLL kan u helpen bij de financiering en het beheer van uw portefeuille. E-mail ons vandaag nog om te zien hoe we u kunnen helpen uw ambities te realiseren.
Laatst bijgewerkt
6 mei 2025