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    FOR LEASE
    Industrial properties

    1600 67Th Ave N, Brooklyn Center, MN 55430

    140,508 SF 8.49 ac lot Built 1978
    Trust Owned 5-yr Hold Free & Clear
    Property ID
    US46-0959649
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 1600 67th Ave N in Brooklyn Center, Minnesota, 55430, offers a prime opportunity for businesses seeking versatile warehouse or manufacturing space. The single-building property, constructed in 1977 and extensively renovated in 2022, boasts a total of 140,551 square feet, divided into two suites. Currently, approximately 47,422 square feet of contiguous space is available for lease, representing a significant portion of the building's north side. The minimum divisible space is 13,320 square feet, offering flexibility for various business needs. Ideal for warehousing and manufacturing operations, the property features a generous 20-foot ceiling height, providing ample vertical storage capacity. Efficient loading and unloading are facilitated by six dock-high doors and one drive-in door. The property is situated within an established industrial business park, providing easy access to transportation routes and supporting infrastructure. This well-maintained and updated facility presents a rare opportunity to secure substantial, high-quality industrial space in a desirable location. The south side of the building is currently occupied by a light manufacturing tenant.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1978
    Construction CONCRETE BLOCKS
    Total area 140,508 SF
    Lot 8.49 ac (369,824 SF)
    APN 35-119-21-11-0012
    UPID US46-0959649
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $12.59M
    Blend (final) Blend
    $10.31M
    Owner & transaction history
    South Dakota Trust Co LLC · 5 yrs held
    South Dakota Trust Co LLC
    since 2020
    2 recorded transactions
    2020
    $2.3M
    2011
    $500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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