7100 Medicine Lake Rd - Flex FOR SALE


New Hope, MN 55427
$3,575,854 USD
612-347-9346
7100 Medicine Lake Rd, New Hope, MN for Sale
$3,575,854 USD
Flex - FOR SALE
1/3
null | Request Cap Rate

7100 Medicine Lake Rd
New Hope, MN 55427


HIGHLIGHTS

  • Great accessibility via 169 and Highway 100
  • Tremendous visibility (on corner of Medicine Lake and Nevada Avenue)
  • Recent pavement sealcoat and new striping

OVERVIEW

This exceptional property presents a remarkable opportunity for owners users or investors. Boasting a fantastic location with easy accessibility via routes 169 and Highway 100, the site offers grade level loading with each bay measuring 12' x 14' and dock loading at a convenient 4' height. The property features ample power, a large truck court accommodating 53' and 48' trailers, and 73 well-defined parking spaces with the potential for expansion. The exterior includes a generous half-acre of storage space, and the rear warehouse provides a 16' clear height. Positioned at the corner of Medicine Lake and Nevada Avenue, the property enjoys tremendous visibility, making it an ideal space for various automotive uses. Recent enhancements, including pavement sealcoat and new striping, further enhance the appeal of this investment opportunity.

FOR SALE DETAILS

PRICE

$3,575,854 USD

PRICE/SF

$109 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

1

YEAR BUILT

1963

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

3

DRIVE INS

1

PARKING SPACES

73

LAND DETAILS

LAND ACRES

5.21

LAND SF

226,948

ZONING

I

APN/PARCEL ID

20-118-21-34-0033

ASK ABOUT THIS PROPERTY

Charlie MerwinCushman & WakefieldMore Info
612-347-9346

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Charlie MerwinCushman & WakefieldMore Info
612-347-9346

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