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    5300 76 St Minneapolis, MN 55439

    Sponsored
    For Lease
    $6 SF/Yr

    Large warehouse, prime location, sublease option.

    Lot size:
    122,312 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 5300 W 76th St, Minneapolis, MN 55439, presents a rare opportunity. The Edina 76th Distribution Center offers a substantial 122,312 square feet of warehouse and distribution space, ideal for a variety of businesses. Built in 1966, the single-tenant facility boasts a 26.5-foot ceiling height, providing ample vertical storage capacity. Efficient operations are ensured with 21 loading docks and one drive-in door, facilitating seamless loading and unloading. The property's strategic location offers convenient access to major transportation arteries, including Hwy 494 and Hwy 100, ensuring efficient distribution throughout the region. Its proximity to various amenities further enhances its appeal. Currently available as a sublease until June 30, 2029, the landlord is open to negotiating lease extensions with qualified tenants, providing long-term stability and planning certainty. This is a unique chance to secure a well-established, spacious distribution center in a highly desirable location. The property's size ranges from 42,432 sq ft to the full 122,312 sq ft. Inquire today to learn more about this exceptional opportunity.

    Property Features for 5300 76 St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    122,312 SF

    Building Details

    Year Built
    1966

    Unit(s) available at that property

    Space
    Size
    122,312 SF
    Rate per SF
    $6

    HighLights

    • 122,312 SF industrial warehouse/distribution center in Minneapolis, MN.
    • Single‑tenant building with 26.5' ceiling height.
    • 21 loading docks and 1 drive‑in door.
    • Excellent access to Hwy 494 & Hwy 100.
    • Sublease available until 6/30/2029, with potential for lease extension.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.3580086
    Latitude
    44.8662833

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    FAQs

    What type of property is this?
    Distribution property - Large warehouse, prime location, sublease option.
    Where is this distribution property located?
    The property is located at 5300 76 St Minneapolis, MN.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 122,312 SF industrial warehouse/distribution center in Minneapolis, MN.; Single-tenant building with 26.5' ceiling height.; 21 loading docks and 1 drive-in door.
    Request Owner's contact information
    5300 76 St Minneapolis, MN 55439
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    Minneapolis, MN 55439
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5300 76 St Minneapolis, MN 55439
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