4500 Quebec N Ave New Hope, MN 55428-4915
- Industrial properties
- 3.20 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 4500 Quebec N Ave
- Year built
- 1971
- Construction
- CONCRETE BLOCKS
- Lot size
- 3.20 lot acres
- Property type
- Industrial properties
- APN
- 17-118-21-22-0035
- APU
- 1711821220035
Description
This exceptional 41,431-square-foot Class B industrial warehouse, located at 4500 Quebec Ave N in New Hope, MN 55428, presents a compelling investment opportunity. Built in 1971 and renovated in 2008, the property boasts a desirable location in the heart of the northwest suburbs, offering easy access to Highways 100 and 169, facilitating efficient logistics and convenient access to a large labor pool. The building features a recently updated office space and upgraded infrastructure. With approximately 15'9" to 16'3" clear ceiling height, it's well-suited for manufacturing or light warehouse operations. The 3.2-acre lot includes three loading docks and permits limited outdoor storage. The property is zoned I - Industrial and is currently vacant, with an occupancy date of October 30, 2022. The asking price is $4,100,000, translating to $98.96 per square foot. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving market. The Net Net Net (NNN) lease type provides flexibility for potential tenants.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $415,000
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Location Insight
- Map
- Local Demand
- City
- New Hope
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.3759
- Latitude
- 45.0364
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
