Mendota Heights Business Park - Prime Infill Med-Tech Offering_Property for Sale
Mendota Heights Business Park - Prime Infill Med-Tech Offering_Property for Sale
1201 Northland Drive, Mendota Heights, MN, 55120, US

Mendota Heights Business Park - Prime Infill Med-Tech Offering

Asset description

Jones Lang LaSalle Americas, Inc., (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 1201 Northland Drive (the “Property”) a best-in-class 82,854 square foot life sciences building in Mendota Heights, Minnesota. The Property is located directly northwest of the I-35E and I-494 Interchange in Mendota Heights which is the the gateway to the Southeast and Airport submarkets. The building serves as the operations site of WuXi Apptech a life-sciences subsidiary of NAMSA (North American Science Associate) a leading contract research organization (CRO) that specializes in providing comprehensive services to the medical device industry.


The building resides on two parcels totaling 9.11 acres site along the I-35 / I-494 Interchange , an established, and rapidly growing life sciences & industrial submarket. Strategically positioned at the intersection of the Eagan, Mendota Heights, and the Airport just minutes away the Property offers investors a fully-leased asset with future value-add upside via future re-tenanting or redevelopment opportunities in one of the most infill locations in the Twin Cities.


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Attributes

Building area net
82,854 sf
Occupancy
100%
Year built
1989
WALT
3.5 years

Media

Investment highlights

  • Fully-Leased Med-Tech asset with highly improved and reusable space
  • 3.5 Years of Term Remaining with North American Science Associates (NAMSA)
  • Leading Life Sciences Tenancy with #8 ranked Medical Device Contract Research Organization
  • Highly Infill location within the #2 ranked medical-technologies
  • True Infill location zoned for Industrial, easing a path for a highly desirable re-positioning
  • Ideal Location Surrounded by Major Life Sciences Users
  • Highly Educated Labor Pool with World Class Research Institutions
Mendota Heights Business Park - Prime Infill Med-Tech Offering 4_Property for Sale
Mendota Heights Business Park - Prime Infill Med-Tech Offering 4_Property for Sale

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Mendota Heights Business Park - Prime Infill Med-Tech Offering (0 Properties)

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Last updated
May 7, 2025