Well maintained, Fully leased, Light Industrial-Flex-Office Warehouse Building For Sale with PRIME visibility & location !

3521 88th Avenue NE Blaine, MN 55014

3521 88th Avenue NE, Blaine, MN, 55014
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FOR SALE
Property Type:
Industrial
Amount:
$1,690,000
Last Verified:
Nov 26, 2024

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Highlights

  • Ample Parking
  • Longstanding tenants
  • Owner-User or Investor opportunity
  • PRIME location facing Lake Drive, strong traffic counts and seamless accessibility from 35W, 610 & 694
  • Flex/Office space with Warehouse availability for some tenants
  • Rent Roll provided with a signed Confidentiality Agreement

Description

This is your next property for either an owner-user or investor. An amazing location, facing Lake Drive & just minutes from 35W, 610 & 694. High demand Light Industrial-Flex-Office Warehouse, one-level building, fully leased (with an opportunity for near-term vacancy), offers flexibility to a new owner. This property has been well cared for over the years and owners were involved in construction of the building and currently self manage. Ample parking and grass/trees surrounding the building, makes this an excellent purchase.

Follow 35 W to Lake Drive exit and go east to the building.


Year Built: 1998
Building Size: 11680sq ft
Lot Size: 1.36 acres


Documents

Marketing Brochure | 3521 88th Ave NE
Floor Plan | 3521 88th Ave NE
Building improvements 3521 88th Ave NE.pdf
Anoka County | 3521 88th Ave NE Blaine MN.pdf
3521 88th Common Area Maintenance (CAM) Breakdown.pdf

Map of 3521 88th Avenue NE, Blaine, MN, 55014

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.