952-924-4600
10600 Bren Road W, Minnetonka, MN for Sale
Manufacturing - FOR SALE
1/19
null | Request Cap Rate

10600 Bren Road W
Minnetonka, MN 55343
East Minnetonka


HIGHLIGHTS

  • Highly Functional State of the Art R&D Building + Expansion Opportunities
  • Excellent Minnetonka Location with Proximity to Amenities and Future LRT Access
  • Flexible PUD Zoning in Multi-family Development Hot Spot
  • Growth Orientated Area with Ongoing and Upcoming Neighborhood Development
  • 225,900 SF Institutionally Maintained Office/Warehouse/Lab/Tech Buildings
  • Flexible Delivery: Short Term Market Sale/Leaseback or Delivered Vacant

OVERVIEW

CBRE is pleased to present the opportunity to acquire 10600/10700 Bren Road W, a former Fortune 500 Headquarters campus for Boston Scientific with lab, office and distribution space in Minnetonka, Minnesota. The campus includes 225,900 square feet of finished lab, office and warehouse space and sits on over 24 acres in one of Minneapolis-St. Paul’s most affluent and dynamic suburban submarkets. Boston Scientific has had a presence at the campus since its development in the 1980’s and redevelopment in 2013. 10700 Bren Road West is an excellent option for flex, office, or a redevelopment site that is adjacent to an under-construction, high frequency light rail station. The building features striking exterior finishes and extensive glass lines, mature landscaping, loading docks and drive-in options for ultimate versatility. Boston Scienti?c utilized its 225,900 square foot space primarily for medical device manufacturing. The campus contains approximately 50,000 square feet of clean room technology and production space. Adjacent support/tech and general office areas support campus operations. Boston Scientific (BSX, LT S&P rating A-), will consider leasing back the facility through June of 2026. All operations and occupancy will cease at the location in June of 2026. Closing can be delayed until this date, or Buyers may suggest lease-back terms for BSX’s consideration.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

R&D, Light Distribution, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1991

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

6

DRIVE INS

1

PARKING SPACES

759

LAND DETAILS

LAND ACRES

24.43

LAND SF

1,064,171

ZONING

PUD

APN/PARCEL ID

36-117-22-24-0005,36-117-22-24-0006,36-117-22-24-0009

ASK ABOUT THIS PROPERTY

952-924-4600

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952-924-4600

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