Property summary
The property is a cross-dock refrigerated warehouse and fully equipped truck terminal located in Fridley’s industrial corridor, with connectivity to Interstate 694 and approximately 30 minutes from Minneapolis–St. Paul International Airport. Constructed between 1991 and 1995, it underwent a remodel and high-bay addition completed in 1999. The facility contains 32,178 square feet total, including 3,870 square feet of office space, 14,880 square feet of low-bay cooler area, and 13,428 square feet of high-bay warehouse space, situated on 5.99 acres. It is zoned M-3 Heavy Industrial and configured for transportation, distribution, and cross-dock uses. Building improvements include 32 loading docks plus 1 drive-in door, with bumpers, dock levelers, and seals on all docks; clear heights are approximately 13 feet 6 inches in the low-bay area and 24 feet 6 inches in the high-bay area. On-site trailer storage is provided, along with semi-truck parking and small-vehicle parking. The facility includes improved first-floor office accommodations, updated office amenities, multiple restrooms, and an exterior office building with refreshed exterior finishes.
Property profile
VerifiedCap rate & NOI
Current use
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Shipping Company Freight Service
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Trucking Company
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Freight Service Logistics Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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