1302 5th St S | Hopkins, MN 55343
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1302 5th St S
Hopkins, MN 55343
Thermotech · Industrial Property For Sale
Investment Highlights
- The property is 100%-leased to Thermotech through early 2031 on an absolute net basis.
- Thermotech has operated its injection molding business at this facility since 2006 and recently signed a 10-year lease extension in 2020.
- This facility is Thermotech’s headquarters, where it operates more than 60 state-of-the-art injection molding machines.
- Near the highly desirable Golden Triangle business park, one of the largest and most well-known parks in the Twin Cities.
- Minneapolis/ St. Paul’s Southwest submarket had a vacancy rate of 5.9% in Q1 of 2021 and showed positive absorption during the first quarter as well.
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1967 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.85/1,000 SF |
| Lot Size | 6.50 AC | Clear Ceiling Height | 20’ |
| Rentable Building Area | 121,682 SF | No. Dock-High Doors/Loading | 3 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 7 |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 6.50 AC |
| Rentable Building Area | 121,682 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Tenancy | Single |
| Parking Ratio | 1.85/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 7 |
Amenities
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 25-117-22-23-0061 | Improvements Assessment | $7,017,000 |
| Land Assessment | $1,983,000 | Total Assessment | $9,000,000 |
PROPERTY TAXES
Parcel Number
25-117-22-23-0061
Land Assessment
$1,983,000
Improvements Assessment
$7,017,000
Total Assessment
$9,000,000
zoning
| Zoning Code | I-2 (General Industrial) |
| I-2 (General Industrial) |
Learn More About Investing in Industrial Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
