1370 Mendota Heights Rd
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1370 Mendota Heights Rd
20,190 SF Light Industrial Building Mendota Heights, MN 55120 £3,012,000 (£149/SF) 7% Net Initial Yield
Executive Summary
• 100% Occupancy Rate – Single Tenant
• Newley Renovated in 2020
• Absolute NNN Lease through 12/31/2040
• Two 3-Year Renewal Options
• Newley Renovated in 2020
• Absolute NNN Lease through 12/31/2040
• Two 3-Year Renewal Options
Property Facts
| Price | £3,012,000 | Rentable Building Area | 20,190 SF |
| Price Per SF | £149 | Number of Floors | 1 |
| Sale Type | Investment NNN | Year Built | 1984 |
| Net Initial Yield | 7% | Tenancy | Single |
| Property Type | Light Industrial | Parking Ratio | 1.93/1,000 SF |
| Property Subtype | R&D | Clear Ceiling Height | 14 ft |
| Building Class | C | Level Access Doors | 6 |
| Lot Size | 1.69 AC |
| Price | £3,012,000 |
| Price Per SF | £149 |
| Sale Type | Investment NNN |
| Net Initial Yield | 7% |
| Property Type | Light Industrial |
| Property Subtype | R&D |
| Building Class | C |
| Lot Size | 1.69 AC |
| Rentable Building Area | 20,190 SF |
| Number of Floors | 1 |
| Year Built | 1984 |
| Tenancy | Single |
| Parking Ratio | 1.93/1,000 SF |
| Clear Ceiling Height | 14 ft |
| Level Access Doors | 6 |
Amenities
- Signage
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PROPERTY TAXES
| Parcel Number | 27-48250-01-020 | Improvements Assessment | £1,090,519 |
| Land Assessment | £298,680 | Total Assessment | £1,389,198 |
PROPERTY TAXES
Parcel Number
27-48250-01-020
Land Assessment
£298,680
Improvements Assessment
£1,090,519
Total Assessment
£1,389,198
zoning
| Zoning Code | AG2 |
| AG2 |
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1370 Mendota Heights Rd
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