800 10TH ST E Hastings MN 55033-2217

Modern CRE is pleased to offer for sale this value add industrial portfolio with locations in Minnesota & Wisconsin. The portfolio consists of approximately 640k total square feet ranging from single tenant NNN leased space to multi tenant buildings. Current owner increased occupancy and successfully converted gross leases to Industrial Net. There is an opportunity for next owner to continue converting gross leases as they roll, increase occupancy and unlock additional rent currently lost to common area. Notable tenants: Red Bull, Fastenal, Intricon, Lakeshirts, Fiber Star and more.

• 1260 Red Fox Road Arden Hills, MN
• Price: Negotiable
• NOI: $443,856
  
• Lease Term Remaining: 4 Years (1/31/27 lxp)
  
• Building Size: 47,100 SF
  
• 800 10th St Hastings, MN
• Price: Negotiable
  
• NOI: $197,391
  
• Building Size: 98,569 SF
  
• 715 St. Croix & 265 Mound View Rd River Falls
• Grade Level Area 135,244 SF
  
• Total Building Area 143,975 SF
• Tenancy Multi-Tenant
• Office Finish Less than 10%
• Clear Height 16’ to 24’
• Dock/Drive-in Doors Four (4) / Four (4)
• Roof Description: Partial replacement completed 2023 and under warranty. Balance of roof to be replaced 2024. (Credit Available)
• 609 13th Ave Little Falls, MN
• Price: Negotiable
  
• NOI: $596,320
  
• Complex Size: 276,083 SF