8555 W 123rd St W - Flex FOR SALE


Savage, MN 55378
$2,995,000 USD
952-260-0330
8555 W 123rd St W, Savage, MN for Sale
$2,995,000 USD
Flex - FOR SALE
1/36
null | Request Cap Rate

NEW


8555 W 123rd St W
Savage, MN 55378


HIGHLIGHTS

  • 19,035 SF modern industrial building
  • Excellent access to Highway 13, Highway 169, and Interstate 35W
  • I-1 zoning for versatile use
  • 15,000 SF of fenced outdoor storage provides space for equipment, vehicles, or materials
  • Ideal for warehouse, distribution, manufacturing, or contractor operations
  • Eight years remaining on a 10 year lease for tenant with 4,229 SF of office. Market Rate rents and 4% annual increases

OVERVIEW

Introducing 8555 W 123rd Street in Savage, Minnesota, a premier industrial property offering 19,035 square feet of versatile warehouse and operational space. Built in 2004, the property combines modern construction with a functional layout suited for manufacturing, warehousing, distribution, and owner-user operations. Its strategic location provides convenient access to major highways and the broader Twin Cities market. Zoned I-1 (Light Industrial), the property supports a variety of industrial uses in one of the south metro's strongest industrial markets. As of December 1, 2026, approximately 14,806 square feet will be available for occupancy, while 4,229 square feet of office space is leased to an established tenant with eight years remaining and 4% annual rent increases. This creates a unique opportunity for both owner-users and investors seeking immediate functionality with stable in- place income. and stable in-place income in a highly sought-after location.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.85

LAND SF

37,026

ZONING

3A

APN/PARCEL ID

26-057-006-0,26-057-007-0

ASK ABOUT THIS PROPERTY

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952-260-0330

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952-260-0330

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