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- LoopNet Team
9300 Winnetka Ave
Brooklyn Park, MN 55445
610 Business Center IV · Flex Property For Sale
PROPERTY FACTS
Property Type | Flex | Tenancy | Single |
Building Class | B | Parking Ratio | 3.83/1,000 SF |
Lot Size | 6.60 AC | Clear Ceiling Height | 18 FT |
Rentable Building Area | 78,190 SF | No. Dock-High Doors/Loading | 3 |
No. Stories | 1 | No. Drive In / Grade-Level Doors | 1 |
Year Built | 2006 | Cross Streets | 93rd Ave.N |
Property Type | Flex |
Building Class | B |
Lot Size | 6.60 AC |
Rentable Building Area | 78,190 SF |
No. Stories | 1 |
Year Built | 2006 |
Tenancy | Single |
Parking Ratio | 3.83/1,000 SF |
Clear Ceiling Height | 18 FT |
No. Dock-High Doors/Loading | 3 |
No. Drive In / Grade-Level Doors | 1 |
Cross Streets | 93rd Ave.N |
Amenities
- Signage
About 9300 Winnetka Ave , Brooklyn Park, MN 55445
CBRE is pleased to present 610 Business Center IV, a 78,190 square foot single-story, class A office/tech building located in Brooklyn Park, Minnesota ten miles north of the Minneapolis CBD. The property is 100% leased by Southern Graphic Systems, LLC (Guarantor: Southern Graphics, Inc.) on a long term lease.INVESTMENT HIGHLIGHTS QUALITY TENANCY 610 Business Center IV is 100% leased to Southern Graphics Systems, LLC (SGS) with a guaranty from Southern Graphics, Inc. (S&P: B). SGS is a leading global supplier of design-to-print brand development products and services with locations in North America, Europe, Asia-Pacific and Latin America. INSTITUTIONALLY MAINTAINED CLASS A OFFICE/TECH BUILDING Originally constructed in 2006, 610 Business Center' s brick facade, glass lines, 4.59 car parking spaces per 1,000 square feet, and extensive landscaping provide a class A environment for SGS. 610 Business Center IV has a long history of institutional ownership. Maintenance and capital expenditures at the properties have been consistent with institutional standards for quality and professionalism. QUALITY LOCATION WITH SIGNIFICANT GROWTH 610 Business Center IV is located in the Minneapolis/ St. Paul suburb of Brooklyn Park. Brooklyn Park currently boasts a 3.8% unemployment rate, significantly below the national average rate of 4.7%. Brooklyn Park has an industrial and office/tech base of 12.8 million square feet and newer office/tech space built since 2000 currently boasts vacancy rate of just 1.5%. Steady and sustained growth in the area has resulted in over 2 million square feet of new development since 2014 with a variety of different uses. Major employers include Target Corporation in their 1.2 million square foot Brooklyn Park campus, Caterpillar Paving Products, Unisource Worldwide, Takeda Pharmaceuticals and Medtronic.
PROPERTY TAXES
Parcel Number | 08-119-21-33-0025 | Improvements Assessment | $7,110,300 |
Land Assessment | $1,655,900 | Total Assessment | $8,766,200 |
PROPERTY TAXES
Listing ID: 7434754
Date on Market: 5/30/2017
Last Updated:
Address: 9300 Winnetka Ave, Brooklyn Park, MN 55445
The Flex Property at 9300 Winnetka Ave, Brooklyn Park, MN 55445 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.