8555 W 123RD ST SAVAGE MN 55378
Industrial | 19,035 sqft
Marketing description
Introducing 8555 W 123rd Street in Savage, Minnesota, a premier industrial property offering 19,035 square feet of versatile warehouse and operational space. Built in 2004, the property combines modern construction with a functional layout suited for manufacturing, warehousing, distribution, and owner-user operations. Its strategic location provides convenient access to major highways and the broader Twin Cities market.
Zoned I-1 (Light Industrial), the property supports a variety of industrial uses in one of the south metro's strongest industrial markets. As of December 1, 2026, approximately 14,806 square feet will be available for occupancy, while 4,229 square feet of office space is leased to an established tenant with eight years remaining and 4% annual rent increases. This creates a unique opportunity for both owner-users and investors seeking immediate functionality with stable in- place income. and stable in-place income in a highly sought-after location.
Investment highlights
- 19,035 SF modern industrial building
- Excellent access to Highway 13, Highway 169, and Interstate 35W
- I-1 zoning for versatile use
- 15,000 SF of fenced outdoor storage provides space for equipment, vehicles, or materials Ideal for warehouse, distribution, manufacturing, or contractor operations
- Eight years remaining on a 10 year lease for tenant with 4,229 SF of office.
- Market Rate rents and 4% annual increases
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