Industrial Warehouse with
13025 Fenway Blvd N Hugo, MN 55038
For Sale
Contact for pricing
Sprinklered industrial space with in-floor heat, mezzanine, and a large drive-in door, zoned I-3.
Property Size4,000 SF
Price / SF$208.75
Days on Market95
Property Features for 13025 Fenway Blvd N
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- INDUSTRIAL
Properties For Sale
at 13025 Fenway Blvd N Contact us
Listing Agency:
Titus Commercial Real Estate
(612) 750-4312
Listed By:
Mike A Brass · License #40630577
(612) 750-4312
Source:
Moodyscre
Added: Apr 20
Changed: Jul 23
Last Checked: Jul 23 at 12:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Titus Commercial Real Estate
Investment Insights
Based on property information with market context.
This industrial warehouse offers 20’ clear height with a large 16’W x 14’H drive-in door for convenient loading. The building includes a mezzanine, sprinklered system, and large windows. Interior features include in-floor heat and LED lighting, supported by 200 amp service with 120/208 volt power.
Additional site and utility details include drains with a flammable waste trap. The property configuration includes fenced separation between each building enclosing a middle area.
The property is zoned I-3 General Industrial, supporting a broad range of general industrial uses under applicable regulations.
Additional site and utility details include drains with a flammable waste trap. The property configuration includes fenced separation between each building enclosing a middle area.
The property is zoned I-3 General Industrial, supporting a broad range of general industrial uses under applicable regulations.
Key Highlights
- 20’ clear height
- 16’W x 14’H drive‑in door
- Zoned I‑3 general industrial
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.8k | $16.20 |
| − Vacancy | −$2.7k | −$0.68 |
| EGI | $62.1k | $15.52 |
| − OpEx | −$9.3k | −$2.33 |
| NOI | $52.8k | $13.19 |
4,000 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$753.8K
$659.6K – $879.5K
NOI $52,767 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$972.2K – $1.30M
NOI $77,775 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Public Storage — 13465 Fenway Blvd Cir N, Hugo, MN 55038
- Eagle's Landing Garage Condos — 13025 Fenway Blvd N Unit B300, Hugo, MN 55038
FAQs
What type of property is this?
Warehouse - Sprinklered industrial space with in-floor heat, mezzanine, and a large drive-in door, zoned I-3.
Where is this warehouse located?
The property is located at 13025 Fenway Blvd N Hugo, MN.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: 20’ clear height; 16’W x 14’H drive‑in door; Zoned I‑3 general industrial