1310 HWY 96, White Bear Lake, MN 55110

This offering presents the opportunity to acquire a stabilized multi-tenant office investment property totaling 28,818 rentable square feet with a diversified tenant base consisting of 30 office suites. The property is currently 89.66% occupied with Seller leasing back 5,071 square feet at closing, generating stable in-place cash flow while providing additional upside through the lease-up of the remaining smaller office suites.

Strategically located just east of I-35E and Hwy 96, the property is positioned along a major thoroughfare in White Bear Lake, providing convenient access to major transportation corridors and the surrounding Twin Cities metropolitan area. The property benefits from excellent visibility and accessibility within one of the north metro's established commercial districts.

Situated on 2.13 acres, the asset offers an exceptional parking ratio with 111 surface spaces, providing tenants and visitors with abundant on-site parking capacity. The property also features monument signage along Hwy 96, enhancing tenant exposure and visibility.

The tenant roster provides a balanced income stream with lease terms ranging from six months to five years, creating a mix of immediate cash flow stability and future leasing flexibility. Existing vacancy provides investors the opportunity to increase occupancy and further enhance revenue through strategic leasing initiatives.

The property has benefited from recent capital improvements, including new HVAC, parking lot, elevator and common area upgrades. These improvements have enhanced the property's appearance, tenant experience, and competitive position while reducing near-term capital expenditure requirements.

Combining stable occupancy, diversified tenancy, recent renovations, abundant parking, strong visibility, and additional lease-up potential, this offering represents an attractive opportunity to acquire a well-positioned office investment with immediate income and long-term value creation potential.