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    OFF-MARKET
    Warehouses

    11577 Encore Cir, Hopkins, MN 55343

    52,000 SF
    Property ID
    Property summary
    AI-generated overview

    This 4,910 square foot warehouse space is available for lease in a multi-tenant building located at 11577 Encore Circle, Hopkins, Minnesota 55343. The property features a 12-foot clear ceiling height, one loading dock, and 100 amp, 3-phase power. Property taxes are $1.95 per square foot. The space offers flexibility for office space, ranging from 0 to 600 square feet, with the owner willing to demolish existing office space to suit tenant needs. The building is part of a larger business park, offering a convenient location with easy access to Crosstown Highway 62, Highway 7, and Highway 169. The property benefits from its proximity to the Metropolitan Transit Commission (MTC) bus line and the new Southwest Light Rail station, providing convenient public transportation options. Furthermore, it enjoys the convenience of being close to the amenities of downtown Hopkins. The total building size is 52,000 square feet.

    Property profile
    Verified
    Property type Warehouses
    Total area 52,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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