Office Sale Leaseback

Minneapolis, MN MSA
Deal Type:
Sale Leaseback
Price:
$8,338,447
Cap Rate:
8.50%
Current Rent:
$708,768
Lease Type:
Triple Net
Lease Term:
To Be Negotiated years
Landlord Responsibilities:
None
Renewal Options:
To Be Negotiated
Building Sq. Ft.:
44,298 SF
Rent Increases:
2.5% Annually
Site Size:
5.82 Acres
  • office sale leaseback stream capital partners
  • office sale leaseback stream capital partners
  • office sale leaseback stream capital partners
  • office sale leaseback stream capital partners
  • office sale leaseback stream capital partners

Investment Highlights

  • Long term absolute triple net lease with 2.5% annual rent increases
  • Strong Tenant financial profile that has been in operation since 1984
  • Desirable location, 15 miles outside of Minneapolis, with convenient access to I-35E, I-494, and minutes from St. Paul International Airport
  • Mission critical corporate HQ with 180+ staff and management on-site daily
  • Highly competitive and below-market lease rate at $16.00 per square foot, significantly lower than the prevailing market rate of $23.93 per square foot

Listing Agents

Daniel Macks

Managing Director
847 420 2116
[email protected]
phil digennaro stream capital partners

Phil DiGennaro

Managing Director
203 610 1541
[email protected]

In Association with ParaSell, Inc. | A Licensed Minnesota Broker #40685007

X

Due Diligence

https://www.stream-cp.com/wp-content/themes/StreamTheme2020View/Download Due Diligence in Dropbox

Please enter the password to access due diligence.

Request Due Diligence Access

Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to [email protected].

Once we receive your NDA, we will contact you with login information.

View/Download NDA in Word format

    If you have made changes to the Word version of the NDA, please attach it here

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.






    View All Listings