14140-14198 Northdale Blvd
Rogers, MN 55374

PROPERTY INFORMATION HIGHLIGHTS Property tours are available by appointment only. Please contact Amy Senn at (952)897-7833 to set up a tour in advance. Well located at intersection of MN state Highway 101 and 141st Avenue N with over 44,000 cars per day. The building’s flexible design is ideal for small to mid-size businesses seeking visibility and ease of access. Value-Add Opportunity – at 81% occupancy, investors can greatly improve the NOI through lease-up and potentially increased revenues enhanced by retail and/or showroom uses. The average household income within 3 miles of the property is $128,061. The Rogers industrial submarket consists of 8.8 million sf with current market vacancy of 8.9%. Significant potential for operating expense savings - the Property’s proposed 2019 taxable market value is $6,243,000. Vast area amenities include major retailers and restaurants - Super Target, Cabella’s, Cub Foods and Kohl’s. Primary Property TypeIndustrial Secondary Property TypeOffice Occupancy81% Type of OwnershipFee Simple Buildings2 Assessor's Parcel Number11-120-23-34-0015 Event ItemB260-105 Transaction Fee5% of Winning Bid Amount (A $20K minimum applies) Participation Deposit$25,000 Occupancy as of Date12/31/2018 Year Built2000 Floors1 Lot Size (Acres)7.69 Property ID1000009579 Starting Bid$1,500,000 Rentable (Sq. Ft.)120,079 Detailed Description Colliers International MN, LLC (“Colliers”) is pleased to present the opportunity to acquire North 101 Business Park (the “Property”). North 101 Business Park is an attractive, single-story industrial property consisting of 2 buildings totaling 120,079 square feet and surrounding a truck courtyard accessing the drive-in and drive-up dock doors. The Property is located in Rogers, Minnesota, a suburb 25 miles NW of downtown Minneapolis. The asset is a flex property with uses consisting of showroom, industrial and retail. The city of Rogers is strategically located only 25 minutes northwest of the Minneapolis CBD along heavily traveled I-94 in Hennepin County. With an estimated population of 12,984, the city of Rogers has experienced a 220% population growth since 2000 and a forecasted population of 18,400 by 2030.