1370 Mendota Heights Rd
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1370 Mendota Heights Rd
20,190 SF Flex Building Mendota Heights, MN 55120 $3,786,686 ($188/SF) 7% Cap Rate
Executive Summary
• 100% Occupancy Rate – Single Tenant
• Newley Renovated in 2020
• Absolute NNN Lease through 12/31/2040
• Two 3-Year Renewal Options
• Newley Renovated in 2020
• Absolute NNN Lease through 12/31/2040
• Two 3-Year Renewal Options
Property Facts
| Price | $3,786,686 | Rentable Building Area | 20,190 SF |
| Price Per SF | $188 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 1984 |
| Cap Rate | 7% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 1.93/1,000 SF |
| Property Subtype | R&D | Clear Ceiling Height | 14 FT |
| Building Class | C | No. Drive In / Grade-Level Doors | 6 |
| Lot Size | 1.69 AC |
| Price | $3,786,686 |
| Price Per SF | $188 |
| Sale Type | Investment NNN |
| Cap Rate | 7% |
| Property Type | Flex |
| Property Subtype | R&D |
| Building Class | C |
| Lot Size | 1.69 AC |
| Rentable Building Area | 20,190 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Tenancy | Single |
| Parking Ratio | 1.93/1,000 SF |
| Clear Ceiling Height | 14 FT |
| No. Drive In / Grade-Level Doors | 6 |
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | 27-48250-01-020 | Improvements Assessment | $1,371,000 |
| Land Assessment | $375,500 | Total Assessment | $1,746,500 |
PROPERTY TAXES
Parcel Number
27-48250-01-020
Land Assessment
$375,500
Improvements Assessment
$1,371,000
Total Assessment
$1,746,500
zoning
| Zoning Code | AG2 |
| AG2 |
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1370 Mendota Heights Rd
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