2540 2nd St NE - Manufacturing FOR SALE


Minneapolis, MN 55418- Marshall Terrace | 
$9,230,000 USD
616-293-6924
2540 2nd St NE, Minneapolis, MN for Sale
$9,230,000 USD
Manufacturing - FOR SALE
1/1
null | 8.5% Cap Rate

2540 2nd St NE
Minneapolis, MN 55418
Marshall Terrace


OVERVIEW

Kwekel Companies is pleased to offer the sale leaseback of Fulton Beer’s 59,882 square foot industrial building located on a 3 acre site in Minneapolis, MN. Fulton Beer will execute a new 15 year absolute NNN lease at closing.

FOR SALE DETAILS

PRICE

$9,230,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caswell/Meggit Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

21 Ft

DOCKS

4

DRIVE INS

2

PARKING SPACES

87

LAND DETAILS

LAND ACRES

2.99

LAND SF

130,244

ZONING

I-2

APN/PARCEL ID

11-029-24-23-0128,11-029-24-23-0130

ASK ABOUT THIS PROPERTY

Tim KwekelKwekel CompaniesMore Info
616-293-6924

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Tim KwekelKwekel CompaniesMore Info
616-293-6924

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.