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Minneapolis Industrial Properties for Sale
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Industrial Properties For Sale in Minneapolis
Minneapolis is known for its natural water features, including thirteen lakes and the Mississippi River, creating an ideal environment for industrial properties. The city's location in Minnesota, with strong infrastructure such as Metro Transit and the Minneapolis–Saint Paul International Airport, supports a dynamic industrial sector. The presence of the University of Minnesota contributes to an educated workforce, and the city's variety of landscapes, from urban areas to green spaces, provides different settings for businesses. Industrial properties in Minneapolis have a history of milling and manufacturing, which they continue to build on.
Minneapolis' industrial properties take advantage of the city's extensive transportation network and nearby amenities. With 34 listings, those looking to buy or rent can find spaces for various business needs. Warehouses in Minneapolis play a key role in the city's logistics, positioned to aid distribution and storage businesses. Available land allows for custom development, suited for those who want to design their own operational space. Apartment buildings accommodate the residential needs of the workforce. Commercial real estate is successful in Minneapolis, offering options for retail, office, and mixed-use developments. These property types together create a strong real estate market in Minneapolis, contributing to the city's economy.
Learn About Industrial Properties For Sale in Minneapolis
How many industrial properties are available for sale in Minneapolis?
There are currently 34 industrial property listings available for sale in Minneapolis.
What factors should I consider when searching for industrial properties for sale in Minneapolis?
When evaluating industrial properties for sale, it's crucial to consider a combination of market trends, property specifics, and financial metrics.
- Analyze the average capitalization (cap) rate, at 8.88%, to understand the potential return on investment for the industrial listings.
- Consider the total number of available industrial property listings in the area, which is 34, to gauge market inventory and options.
How much does it cost to buy industrial properties in Minneapolis?
The cost to purchase industrial properties in Minneapolis varies depending on factors such as location and amenities, but you can get a general idea by considering the average price per square foot, which is $121, and the average size of the properties, which is 55,716 SF.
What is the largest industrial property available to buy in Minneapolis?
The largest industrial property currently listed for sale offers 585,225 SF.
Why is Minneapolis an ideal location for industrial properties for sale?
Minneapolis provides a strategic position with a substantial population base, a strong economic background supported by major corporations, an extensive transportation network including a major airport and public transit system, and a history of industrial prowess, all of which contribute to its suitability for industrial property listings.
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