Jeff Book - Commercial Real Estate Showcase

Jeff Book Property Listings
Ten-X, LLC
1 Mauchly
Irvine, CA 92618-2305


DetailMap
4000 Lexington Avenue N - Shoreview Corporate Center

Shoreview, MN 55126 - Suburban St Paul Submarket


Property Type:Office Sub Type:- Status:Existing Year Built:1986
Stories:2 Typical Floor:52,231 SF Building Size:104,463 SF
For Sale Price:$14,400,000 Price/SF:$137.85
Cap Rate:7.81 %
Parking:Free Surface spaces are available; Ratio of 4/1,000 SF Amenities:24 Hour Availability, Signage



Sale Notes:
Diligence: 30 Days
Total Escrow: 60 Days
Deposit: $300,000

Investment Overview :
Ten-X.com and Colliers International Minneapolis-St. Paul are pleased to offer for sale to qualified investors 4000 Lexington Avenue at Shoreview Corporate Center (hereinafter “4000 Lexington” or the “Property”).

4000 Lexington is an attractive two-story office building located at Lexington Avenue and Gramsie Road, just north of Interstate 694 in Shoreview, Minnesota. 4000 Lexington is part of the Shoreview Corporate Center, a 550,000 square foot business park. The park hosts an impressive array of corporate users including Land ‘O Lakes and Hill-Rom. Other nearby and notable corporate users are Boston Scientific Corporation, Cummins Power Generation Corporation and Land ‘O Lakes corporate headquarters. In addition, the adjacent building within Shoreview Corporate Center is in contract to be redeveloped into class A market rate apartments.

The Property is 104,463 square feet and is 100% occupied, featuring Ally Financial as the largest tenant. Other notable tenants include Aerotek, Sandia National Laboratories, and Benedictine Health System.

Ten-X, LLC
Jeff Book
(949) 236-5519

Ten-X Commercial
(800) 793-6107

  
Colliers International
Robert Pounds
(952) 897-7753

Tim Prinsen
(952) 897-7748

Amy Senn
(952) 897-7700




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