for sale: fully leased industrial buildings · area d area b common area c area a-themescapes lease...

The information contained herein has been provided by the property owner or obtained from sources deemed reliable. Although the information is believed to be accurate, it is not guaranteed. The property is subject to price change, prior sale or lease and withdrawal from the market, without notice. Buyer is responsible to conduct its own due diligence, as this offering contains no representations or warranties.

Cell 651.283.4884Office 651.351.5005

Email [email protected] www.MetroEastCRE.com

Jon Whitcomb Broker/Owner

For Sale: FULLY LEASED INDUSTRIAL BUILDINGS

Two Industrial Buildings

Main Building 34,000 SF 3 Dock Doors 2 Drive-In Doors Warehouse 12,750 SF 1 Dock Door 2 Drive-In Doors

Total 46,750 SF

100% Occupied

5.01 Acre Lot

Price Reduced! $3,100,000

$2,750,000

794 15th STREET SW | FOREST LAKE, MN | WASHINGTON COUNTY


Cell 651.283.4884Office 651.351.5005



• PROPERTY TYPE: Industrial Investment Sale

• SINGLE/MULTI: Multi-Tenant

• TOTAL SQ. FEET: 52,760

• RATES/SF: CAM $1.25 PSF

RE TAX: $1.08 PSF

TOTAL: $2.33 PSF

• YEAR BUILT: 2008

• CONSTRUCTION: Concrete

• PARKING: Ample

• HVAC: Forced Air

Heated Warehouse

All square footages assumed to be approximate

For Sale: FULLY LEASED INDUSTRIAL BUILDINGS794 15th STREET SW | FOREST LAKE, MN | WASHINGTON COUNTY


Cell 651.283.4884Office 651.351.5005




Since 1981, the metal manufacturing and fabrication experience of Neos Industries has grown to include many

industries. Their portfolio includes the Bicycle Industry, Medical Machine Components, Custom Automation Machinery,

Water Saving Products, Commercial Building, Marine Products, Waste Handling, Dairy Machine Components, Commer-

cial Finishes, Concrete Pump Machinery, and Construction Equipment, among many others.

Since 1971, Themed Concepts’ management team has been involved in the theming industry, installing

projects all over the world. They started their specialty-construction careers by using the Bomanite© technology; a

cutting-edge innovation in the early 1970’s that created stamped and colored concrete flat-work with patterns that were

capable of simulating real stone and brick. In the process of mastering that technology, our team developed plastic im-

printing tools that applied texture, in addition to color and pattern, to decorative concrete flat-work.

Lease Overview

Tenant Sq Ft Rent / Foot Annual Net Rent Lease Type Lease Start Lease EndThemed Concepts 26,000 $4.50 $117,000 NNN 1/1/2018 12/31/2023 8,000 $7.00 $56,000 NNN Neos Industries 5,750 $5.65 $30,000 Modified Net 2017 2022Ground Tech 7,000 $6.86 $48,000 Gross 2019 2022

Total 46,750 $5.37 $251,000

Tenant Profile


Cell 651.283.4884Office 651.351.5005



Washington County Map


GearGridCorporation

I-35

Forest Lake Chevrolet Cadillac


Cell 651.283.4884Office 651.351.5005



Property Area Survey


Are

a A

Co

mm

on

A

rea

C

Are

a B

Are

a D

Are

a A

-Them

eS

capes L

ease A

rea

Are

a B

- M

eta

l B

uild

ing L

ease A

rea

Are

a C

- C

om

mon to A

rea A

/B/D

Are

a D

- B

illboard

and S

erv

ice A

rea

Pro

pert

y K

ey

Are

a A

-Them

eS

capes L

ease A

rea

Are

a B

- M

eta

l B

uild

ing L

ease A

rea

Are

a C

- C

om

mon to A

rea A

/B/D

Are

a D

- B

illboard

and S

erv

ice A

rea

Pro

pert

y K

ey


Cell 651.283.4884Office 651.351.5005




Zoned B3 - Light Industrial / Business District

Official Zoning Map

3,200 0 3,200 Feet

K:/165/16508235/gis/maps/zoningworking.mxd

Zoning Designations

Road

Corporate Boundary

Stream, Ditch

PWI Lakes

Open Water

MU-2 General Mixed Use District

C Conservancy District

A Agriculture District

RR Rural Residential District

SF Single Family Residential District

MXR-1 Single and Townhouse Residential District

MXR-2 Single and Two family Residential District

MXR-3 Mixed Residential District

MF Multiple Family District

NC Neighborhood Commercial District

B-1 Broadway Business District

MU-1 Downtown Mixed Use District

B-3 Light Industrial/Business District

B-2 Highway Business District

BP Business Park District

I Industrial District

PUD Planned Unit Development

City

of S

cand

ia

ANO

KA

CO

UN

TYC

ity o

f Col

umbu

s

City of Hugo180th St. N.

200th St. N.

202nd St. N.

Har

row

Av.

N.

Hardwood Creek

180th St. N.

190th St. N.

202nd St. N.

Fenw

ay A

v. N

.

Enfield Ct.

Scandia Trail N.

Goo

dvie

w A

v. N

.

Fore

st R

d. N

.

Scandia Trail N.

Impe

rial A

v. N

.

Inge

rsol

l Av.

N.

July

Av.

N.

CSAH 2

Jeffr

ey A

v. N

.

Julep Trail

230th St. N.

235th St. N.235th St. N.

North S hore Trail

Jam

aca

Av.

N.

2

2

North

Sho

re Trail

W. Broadway Av.

SW 11th Av.

SW 1

2th

St.

SW 3rd Av.

SW 1

5th

St.

232nd St. N.

Cen

tenn

ial D

r.

Eve

rton

Av.

N.

Elm

cres

t Ave

.

240th St. N.

NW

2nd

St.

South Shore Dr.S

outh

Sho

re D

r.

SE 16th Av.

97

9797

£¤8

£¤8

£¤61

£¤61

£¤61

§̈¦35

§̈¦35MudLake

Clear Lake

Forest Lake

Forest Lake

CranberryLake

TwinLake

ElwellL.

ShieldsLake

SylvanLake

Lake

St.

City of WyomingCHISAGO COUNTY Chisago City

AP Agricultural Preserve Overlay District

Airport Boundary

Approximate Shoreland Overlay District Boundary

N

Official Zoning Map

3,200 0 3,200 Feet

K:/165/16508235/gis/maps/zoningworking.mxd

Zoning Designations

Road

Corporate Boundary

Stream, Ditch

PWI Lakes

Open Water

MU-2 General Mixed Use District

C Conservancy District

A Agriculture District

RR Rural Residential District

SF Single Family Residential District

MXR-1 Single and Townhouse Residential District

MXR-2 Single and Two family Residential District

MXR-3 Mixed Residential District

MF Multiple Family District

NC Neighborhood Commercial District

B-1 Broadway Business District

MU-1 Downtown Mixed Use District

B-3 Light Industrial/Business District

B-2 Highway Business District

BP Business Park District

I Industrial District

PUD Planned Unit Development

City

of S

cand

ia

ANO

KA

CO

UN

TYC

ity o

f Col

umbu

s

City of Hugo180th St. N.

200th St. N.

202nd St. N.

Har

row

Av.

N.

Hardwood Creek

180th St. N.

190th St. N.

202nd St. N.

Fenw

ay A

v. N

.

Enfield Ct.

Scandia Trail N.

Goo

dvie

w A

v. N

.

Fore

st R

d. N

.

Scandia Trail N.

Impe

rial A

v. N

.

Inge

rsol

l Av.

N.

July

Av.

N.

CSAH 2

Jeffr

ey A

v. N

.

Julep Trail

230th St. N.

235th St. N.235th St. N.

North S hore Trail

Jam

aca

Av.

N.

2

2

North

Sho

re Trail

W. Broadway Av.

SW 11th Av.

SW 1

2th

St.

SW 3rd Av.

SW 1

5th

St.

232nd St. N.

Cen

tenn

ial D

r.

Eve

rton

Av.

N.

Elm

cres

t Ave

.

240th St. N.

NW

2nd

St.

South Shore Dr.

Sou

th S

hore

Dr.

SE 16th Av.

97

9797

£¤8

£¤8

£¤61

£¤61

£¤61

§̈¦35

§̈¦35MudLake

Clear Lake

Forest Lake

Forest Lake

CranberryLake

TwinLake

ElwellL.

ShieldsLake

SylvanLake

Lake

St.

City of WyomingCHISAGO COUNTY Chisago City

AP Agricultural Preserve Overlay District

Airport Boundary

Approximate Shoreland Overlay District Boundary

N

Property


Cell 651.283.4884Office 651.351.5005



Area Map


794 15th St SWForest Lake


Cell 651.283.4884Office 651.351.5005




Conference Room Office Area Warehouse Interior


Cell 651.283.4884Office 651.351.5005




Warehouse Interior Dock Doors Main Building Dock Doors Back Building

for sale: fully leased industrial buildings · area d area b common area c area a-themescapes lease...

Documents