NNN Distribution Center
For Sale
Contact for pricing
Pending
14381 Ewing Avenue S, Burnsville, MN 55337
Multi-location industrial portfolio leased under absolute NNN terms to a dry ice distributor.
Property SizeContact for details
Days on Market142
Property Features for 14381 Ewing Avenue S
General Information
Standard status
Pending
Property subtype
Industrial
Listing Agency:
RE/MAX Results
(651) 256-7404
Listed By:
Hayden Hulsey, CCIM · License #MN 40266763
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 11:14AM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
This offering comprises 13 distribution locations occupied by Continental Carbonic, a dry ice distributor operating since 1976. The properties are structured with absolute NNN leases, placing no owner responsibility under the stated lease arrangement, and the leases run through October 2023. Contractual rent increases are set at 3% annually.
The portfolio spans industrial markets in the Atlanta, Chicago, and Minneapolis MSAs. Continental Carbonic reports nationwide operations with more than 1,050 employees and $180M in sales. The portfolio carries an initial CAP rate of 10.03%, with the blended CAP rate stated to exceed 10.34% as scheduled increases take effect.
The portfolio spans industrial markets in the Atlanta, Chicago, and Minneapolis MSAs. Continental Carbonic reports nationwide operations with more than 1,050 employees and $180M in sales. The portfolio carries an initial CAP rate of 10.03%, with the blended CAP rate stated to exceed 10.34% as scheduled increases take effect.
Key Highlights
- 13 distribution locations leased to Continental Carbonic
- Absolute NNN lease structure across the portfolio
- 3% annual rent increases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Explore this area
Business Placement
Demographics for 55337, MN
47,333
Population
19,695
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
18.7 sq mi
ZIP Area
2,531
Density / Sq Mi
$81,641
Median Household Income
$46,602
Median Earnings
$1,463
Median Rent
$327,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Distribution center - Multi-location industrial portfolio leased under absolute NNN terms to a dry ice distributor.
Where is this distribution center located?
The property is located at 14381 Ewing Avenue S Burnsville, MN.
What are key features of this property?
This property features: 13 distribution locations leased to Continental Carbonic; Absolute NNN lease structure across the portfolio; 3% annual rent increases
