for sale: fully leased industrial buildings · area d area b common area c area a-themescapes lease...
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The information contained herein has been provided by the property owner or obtained from sources deemed reliable. Although the information is believed to be accurate, it is not guaranteed. The property is subject to price change, prior sale or lease and withdrawal from the market, without notice. Buyer is responsible to conduct its own due diligence, as this offering contains no representations or warranties.
Cell 651.283.4884Office 651.351.5005
Email Jon@MetroEastCRE.comWeb www.MetroEastCRE.com
Jon Whitcomb Broker/Owner
For Sale: FULLY LEASED INDUSTRIAL BUILDINGS
Two Industrial Buildings
Main Building 34,000 SF 3 Dock Doors 2 Drive-In Doors Warehouse 12,750 SF 1 Dock Door 2 Drive-In Doors
Total 46,750 SF
100% Occupied
5.01 Acre Lot
Price Reduced! $3,100,000
$2,750,000
794 15th STREET SW | FOREST LAKE, MN | WASHINGTON COUNTY
The information contained herein has been provided by the property owner or obtained from sources deemed reliable. Although the information is believed to be accurate, it is not guaranteed. The property is subject to price change, prior sale or lease and withdrawal from the market, without notice. Buyer is responsible to conduct its own due diligence, as this offering contains no representations or warranties.
Cell 651.283.4884Office 651.351.5005
Email Jon@MetroEastCRE.comWeb www.MetroEastCRE.com
Jon Whitcomb Broker/Owner
• PROPERTY TYPE: Industrial Investment Sale
• SINGLE/MULTI: Multi-Tenant
• TOTAL SQ. FEET: 52,760
• RATES/SF: CAM $1.25 PSF
RE TAX: $1.08 PSF
TOTAL: $2.33 PSF
• YEAR BUILT: 2008
• CONSTRUCTION: Concrete
• PARKING: Ample
• HVAC: Forced Air
Heated Warehouse
All square footages assumed to be approximate
For Sale: FULLY LEASED INDUSTRIAL BUILDINGS794 15th STREET SW | FOREST LAKE, MN | WASHINGTON COUNTY
The information contained herein has been provided by the property owner or obtained from sources deemed reliable. Although the information is believed to be accurate, it is not guaranteed. The property is subject to price change, prior sale or lease and withdrawal from the market, without notice. Buyer is responsible to conduct its own due diligence, as this offering contains no representations or warranties.
Cell 651.283.4884Office 651.351.5005
Email Jon@MetroEastCRE.comWeb www.MetroEastCRE.com
Jon Whitcomb Broker/Owner
For Sale: FULLY LEASED INDUSTRIAL BUILDINGS794 15th STREET SW | FOREST LAKE, MN | WASHINGTON COUNTY
Since 1981, the metal manufacturing and fabrication experience of Neos Industries has grown to include many
industries. Their portfolio includes the Bicycle Industry, Medical Machine Components, Custom Automation Machinery,
Water Saving Products, Commercial Building, Marine Products, Waste Handling, Dairy Machine Components, Commer-
cial Finishes, Concrete Pump Machinery, and Construction Equipment, among many others.
Since 1971, Themed Concepts’ management team has been involved in the theming industry, installing
projects all over the world. They started their specialty-construction careers by using the Bomanite© technology; a
cutting-edge innovation in the early 1970’s that created stamped and colored concrete flat-work with patterns that were
capable of simulating real stone and brick. In the process of mastering that technology, our team developed plastic im-
printing tools that applied texture, in addition to color and pattern, to decorative concrete flat-work.
Lease Overview
Tenant Sq Ft Rent / Foot Annual Net Rent Lease Type Lease Start Lease EndThemed Concepts 26,000 $4.50 $117,000 NNN 1/1/2018 12/31/2023 8,000 $7.00 $56,000 NNN Neos Industries 5,750 $5.65 $30,000 Modified Net 2017 2022Ground Tech 7,000 $6.86 $48,000 Gross 2019 2022
Total 46,750 $5.37 $251,000
Tenant Profile
The information contained herein has been provided by the property owner or obtained from sources deemed reliable. Although the information is believed to be accurate, it is not guaranteed. The property is subject to price change, prior sale or lease and withdrawal from the market, without notice. Buyer is responsible to conduct its own due diligence, as this offering contains no representations or warranties.
Cell 651.283.4884Office 651.351.5005
Email Jon@MetroEastCRE.comWeb www.MetroEastCRE.com
Jon Whitcomb Broker/Owner
Washington County Map
For Sale: FULLY LEASED INDUSTRIAL BUILDINGS794 15th STREET SW | FOREST LAKE, MN | WASHINGTON COUNTY
GearGridCorporation
I-35
Forest Lake Chevrolet Cadillac
The information contained herein has been provided by the property owner or obtained from sources deemed reliable. Although the information is believed to be accurate, it is not guaranteed. The property is subject to price change, prior sale or lease and withdrawal from the market, without notice. Buyer is responsible to conduct its own due diligence, as this offering contains no representations or warranties.
Cell 651.283.4884Office 651.351.5005
Email Jon@MetroEastCRE.comWeb www.MetroEastCRE.com
Jon Whitcomb Broker/Owner
Property Area Survey
For Sale: FULLY LEASED INDUSTRIAL BUILDINGS794 15th STREET SW | FOREST LAKE, MN | WASHINGTON COUNTY
Are
a A
Co
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on
A
rea
C
Are
a B
Are
a D
Are
a A
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capes L
ease A
rea
Are
a B
- M
eta
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rea
Are
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- C
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- B
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and S
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Pro
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Are
a A
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Are
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Are
a C
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/B/D
Are
a D
- B
illboard
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erv
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Pro
pert
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ey
The information contained herein has been provided by the property owner or obtained from sources deemed reliable. Although the information is believed to be accurate, it is not guaranteed. The property is subject to price change, prior sale or lease and withdrawal from the market, without notice. Buyer is responsible to conduct its own due diligence, as this offering contains no representations or warranties.
Cell 651.283.4884Office 651.351.5005
Email Jon@MetroEastCRE.comWeb www.MetroEastCRE.com
Jon Whitcomb Broker/Owner
For Sale: FULLY LEASED INDUSTRIAL BUILDINGS794 15th STREET SW | FOREST LAKE, MN | WASHINGTON COUNTY
Zoned B3 - Light Industrial / Business District
Official Zoning Map
3,200 0 3,200 Feet
K:/165/16508235/gis/maps/zoningworking.mxd
Zoning Designations
Road
Corporate Boundary
Stream, Ditch
PWI Lakes
Open Water
MU-2 General Mixed Use District
C Conservancy District
A Agriculture District
RR Rural Residential District
SF Single Family Residential District
MXR-1 Single and Townhouse Residential District
MXR-2 Single and Two family Residential District
MXR-3 Mixed Residential District
MF Multiple Family District
NC Neighborhood Commercial District
B-1 Broadway Business District
MU-1 Downtown Mixed Use District
B-3 Light Industrial/Business District
B-2 Highway Business District
BP Business Park District
I Industrial District
PUD Planned Unit Development
City
of S
cand
ia
ANO
KA
CO
UN
TYC
ity o
f Col
umbu
s
City of Hugo180th St. N.
200th St. N.
202nd St. N.
Har
row
Av.
N.
Hardwood Creek
180th St. N.
190th St. N.
202nd St. N.
Fenw
ay A
v. N
.
Enfield Ct.
Scandia Trail N.
Goo
dvie
w A
v. N
.
Fore
st R
d. N
.
Scandia Trail N.
Impe
rial A
v. N
.
Inge
rsol
l Av.
N.
July
Av.
N.
CSAH 2
Jeffr
ey A
v. N
.
Julep Trail
230th St. N.
235th St. N.235th St. N.
North S hore Trail
Jam
aca
Av.
N.
2
2
North
Sho
re Trail
W. Broadway Av.
SW 11th Av.
SW 1
2th
St.
SW 3rd Av.
SW 1
5th
St.
232nd St. N.
Cen
tenn
ial D
r.
Eve
rton
Av.
N.
Elm
cres
t Ave
.
240th St. N.
NW
2nd
St.
South Shore Dr.S
outh
Sho
re D
r.
SE 16th Av.
97
9797
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£¤8
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Clear Lake
Forest Lake
Forest Lake
CranberryLake
TwinLake
ElwellL.
ShieldsLake
SylvanLake
Lake
St.
City of WyomingCHISAGO COUNTY Chisago City
AP Agricultural Preserve Overlay District
Airport Boundary
Approximate Shoreland Overlay District Boundary
N
Official Zoning Map
3,200 0 3,200 Feet
K:/165/16508235/gis/maps/zoningworking.mxd
Zoning Designations
Road
Corporate Boundary
Stream, Ditch
PWI Lakes
Open Water
MU-2 General Mixed Use District
C Conservancy District
A Agriculture District
RR Rural Residential District
SF Single Family Residential District
MXR-1 Single and Townhouse Residential District
MXR-2 Single and Two family Residential District
MXR-3 Mixed Residential District
MF Multiple Family District
NC Neighborhood Commercial District
B-1 Broadway Business District
MU-1 Downtown Mixed Use District
B-3 Light Industrial/Business District
B-2 Highway Business District
BP Business Park District
I Industrial District
PUD Planned Unit Development
City
of S
cand
ia
ANO
KA
CO
UN
TYC
ity o
f Col
umbu
s
City of Hugo180th St. N.
200th St. N.
202nd St. N.
Har
row
Av.
N.
Hardwood Creek
180th St. N.
190th St. N.
202nd St. N.
Fenw
ay A
v. N
.
Enfield Ct.
Scandia Trail N.
Goo
dvie
w A
v. N
.
Fore
st R
d. N
.
Scandia Trail N.
Impe
rial A
v. N
.
Inge
rsol
l Av.
N.
July
Av.
N.
CSAH 2
Jeffr
ey A
v. N
.
Julep Trail
230th St. N.
235th St. N.235th St. N.
North S hore Trail
Jam
aca
Av.
N.
2
2
North
Sho
re Trail
W. Broadway Av.
SW 11th Av.
SW 1
2th
St.
SW 3rd Av.
SW 1
5th
St.
232nd St. N.
Cen
tenn
ial D
r.
Eve
rton
Av.
N.
Elm
cres
t Ave
.
240th St. N.
NW
2nd
St.
South Shore Dr.
Sou
th S
hore
Dr.
SE 16th Av.
97
9797
£¤8
£¤8
£¤61
£¤61
£¤61
§̈¦35
§̈¦35MudLake
Clear Lake
Forest Lake
Forest Lake
CranberryLake
TwinLake
ElwellL.
ShieldsLake
SylvanLake
Lake
St.
City of WyomingCHISAGO COUNTY Chisago City
AP Agricultural Preserve Overlay District
Airport Boundary
Approximate Shoreland Overlay District Boundary
N
Property
The information contained herein has been provided by the property owner or obtained from sources deemed reliable. Although the information is believed to be accurate, it is not guaranteed. The property is subject to price change, prior sale or lease and withdrawal from the market, without notice. Buyer is responsible to conduct its own due diligence, as this offering contains no representations or warranties.
Cell 651.283.4884Office 651.351.5005
Email Jon@MetroEastCRE.comWeb www.MetroEastCRE.com
Jon Whitcomb Broker/Owner
Area Map
For Sale: FULLY LEASED INDUSTRIAL BUILDINGS794 15th STREET SW | FOREST LAKE, MN | WASHINGTON COUNTY
794 15th St SWForest Lake
The information contained herein has been provided by the property owner or obtained from sources deemed reliable. Although the information is believed to be accurate, it is not guaranteed. The property is subject to price change, prior sale or lease and withdrawal from the market, without notice. Buyer is responsible to conduct its own due diligence, as this offering contains no representations or warranties.
Cell 651.283.4884Office 651.351.5005
Email Jon@MetroEastCRE.comWeb www.MetroEastCRE.com
Jon Whitcomb Broker/Owner
For Sale: FULLY LEASED INDUSTRIAL BUILDINGS794 15th STREET SW | FOREST LAKE, MN | WASHINGTON COUNTY
Conference Room Office Area Warehouse Interior
The information contained herein has been provided by the property owner or obtained from sources deemed reliable. Although the information is believed to be accurate, it is not guaranteed. The property is subject to price change, prior sale or lease and withdrawal from the market, without notice. Buyer is responsible to conduct its own due diligence, as this offering contains no representations or warranties.
Cell 651.283.4884Office 651.351.5005
Email Jon@MetroEastCRE.comWeb www.MetroEastCRE.com
Jon Whitcomb Broker/Owner
For Sale: FULLY LEASED INDUSTRIAL BUILDINGS794 15th STREET SW | FOREST LAKE, MN | WASHINGTON COUNTY
Warehouse Interior Dock Doors Main Building Dock Doors Back Building
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