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- LoopNet Team
12940 Prosperity Ave
Becker, MN 55308
Becker Furniture Distribution Center · Industrial Property For Sale
Investment Highlights
- Highly Visible Location on a Main Artery
- Mission Critical Asset
- Furniture is in Demand During Covid-19 as People Spend More Time at Home
- Class A Industrial Distribution Building
- Long-Term Tenant - Recent Extension
- One-On-One Appointments for Shoppers & Contactless/Garage Drop Shipping
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1999 |
| Property Subtype | Distribution | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.85/1,000 SF |
| Lot Size | 9.38 AC | Clear Ceiling Height | 38 FT |
| Rentable Building Area | 112,300 SF | No. Dock-High Doors/Loading | 22 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 4 |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 9.38 AC |
| Rentable Building Area | 112,300 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Ratio | 0.85/1,000 SF |
| Clear Ceiling Height | 38 FT |
| No. Dock-High Doors/Loading | 22 |
| No. Drive In / Grade-Level Doors | 4 |
Amenities
- Signage
About 12940 Prosperity Ave , Becker, MN 55308
Class A Industrial Distribution building for sale in Becker, MN. The property has an excellent location just off of Highway 10 and is in close proximity to both the Twin Cities and the St. Cloud area. The property is currently leased to long-term tenant, Becker Furniture, and is a mission critical asset for the tenant. This is an easy to own net leased offering with an absolute triple net lease, which has zero landlord responsibilities. The tenant recently extended to secure a 10 year commitment at this core facility, which includes manageable rent with annual bump structure. Becker Furniture World was founded in 1978 by the Huseby family, who continue to own and run Becker Furniture today. With continuous expansions and innovative retailing, Becker has become a true retail destination. The 250,000 SF Flagship store in Becker, MN is one of the five largest furniture showrooms in the country. (From beckerfurnitureworld.com)
PROPERTY TAXES
| Parcel Number | 60-448-0110 | Improvements Assessment | $6,333,500 |
| Land Assessment | $287,900 | Total Assessment | $6,621,400 |
PROPERTY TAXES
zoning
| Zoning Code | Industrial, Becker |
| Industrial, Becker |
Learn More About Investing in Industrial Properties
