5421 Feltl Rd - Light Distribution FOR SALE


Minnetonka, MN 55343- East Minnetonka
$3,500,000 USD
612-598-0780
5421 Feltl Rd, Minnetonka, MN for Sale
$3,500,000 USD
Light Distribution - FOR SALE
1/29
null | 7.37% Cap Rate

5421 Feltl Rd
Minnetonka, MN 55343
East Minnetonka


HIGHLIGHTS

  • Owner User Opportunity
  • Suites Ready for Final Finishes by Tenant
  • Updated Mechanicals and Roof

OVERVIEW

Commercial Investors Group is offering Minnetonka Tech, a 27,050 sq ft industrial property located at 5421 Feltl Rd in Minnetonka, MN, priced at $3,500,000. Zoned for industrial use, this dynamic site features 5 office/warehouse suites ranging from 4,000 to 7,500 sq ft, each suite has a drive or loading dock and are separately metered. The property has 2 drive-in doors, 5 loading docks, and 90 parking spaces, ideal for warehousing, distribution, or manufacturing. Currently in the lease-up phase, Minnetonka Tech includes 1 unit leased long-term, delivering immediate income with room for expansion. Perfectly situated near Highway 169, Bren Rd, and Highway 62, this property offers superior connectivity in a bustling commercial area. Secure this flexible, income-generating industrial asset today or purchase the building for further customization as a owner user with built in revenue.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

7.37%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Minnetonka Technology Center

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

5

DRIVE INS

2

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.56

LAND SF

111,514

ZONING

PUD

APN/PARCEL ID

36-117-22-22-0006

ASK ABOUT THIS PROPERTY

Mike SowersCommercial Investors GroupMore Info
612-598-0780

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Mike SowersCommercial Investors GroupMore Info
612-598-0780

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