Embed Size (px)
Citation preview
Benton Business Park800 Industrial Dr S & 1000 S Benton Dr | Sauk Rapids, MN 56379
FOR SALE | $4,600,000
Benton Business Park was developed between 1998 - 2001 in phases. This investment consists of 69,516 SF located in 3 buildings. There are cur-rently 10 high-quality tenants leasing in the facility. Construction is masonry block with 16 foot sidewalls, stucco and brick accents, rubber mem-brane roofs, hollow core metal door frames with glass storefronts, and a dominant glass line across the front and sides. In addition, there are a va-riety of loading docks and drive-in doors in the rear with plenty of room for truck maneuvering. The buildings are fully sprinkled and feature three phase wiring. There is attractive monument signage, roof decks are steel sheeting over steel bar trusses. There is ample parking.
Property Description:
Jean [email protected]
Mike Bobick, CCIM [email protected]
Casey O’Malley320.260.6815
Property Details
2
Address:800 Industrial Dr S & 1000 S Benton Dr, Sauk Rapids, MN 56379.
Overview:• Near the interstate of US HWY 10 & Benton Drive South, Sauk Rapids, MN. • Building features frontage on Benton Drive.
Offering Summary: • Offering Price: $4,600,000• Price/ SF: $66.17• 2019 NOI Annualized: $408.506 (Assumes 8% vacancy)• Average NNN Rent/SF: $5.88• Vacant SF: 2,799• Vacancy %: 4.02% (100% office finish)• In Place Cap Rate: 8.88%• Gross Potential NOI ( vacant @ $10/ SF NNN): $436,496• Gross Potential Cap Rate: 9.5%
Number of Buildings: 3 Buildings
Site Size: 3.5 AcresPlus Common Area
Tenancy: Multiple13 Currently
Docks: 10
Year Built: 1998 - 2001
Parking: 168+ Spaces
Total Rentable SF: 69,516 SF
Overhead Doors: 2
This information has been obtained from the property owner or other sources that we deem reliable. However, neither the owner, nor Granite City Real Estate LLC guarentees the accuracy of such information.
Floor Plans
3
Benton Business Park – Phase IV – 23,380 Square feet
Seasoned to Go
#415 B
Carlson Systems
#411
Option Care
#403 - #409
OFFICE Space
#413
Relax and Revive OFFICE Space
#415 A
Apria
Benton Business Park – Phase III 24,731 Square Feet 800 Industrial Drive South; Sauk Rapids, MN 56379
Owner
Crown Press #201
Benton Trophy #205 Tri County Ins. #206
#204 Talon Engineering
WH
#202 Talon Engineering
#203 Talon Engineering
Benton Business Park – Phase V; 29,000 square feet ____________
Care
Medical
# 418
Auto Value
# 416
Vacant #420
Care Med
#422 Windows
Tradesmen International # 421
# 417
Andersen
Vacant
Benton Business Park – Phase III 24,731 Square Feet 800 Industrial Drive South; Sauk Rapids, MN 56379
Owner
Crown Press #201
Benton Trophy #205 Tri County Ins. #206
#204 Talon Engineering
WH
#202 Talon Engineering
#203 Talon Engineering
Tenant Profiles
4
Talon Innovations Talon Innovations manufactures precise machined products for a variety of applications and markets. The company is headquartered in Sauk Rap-ids, Minnesota, and has additional locations in Minneapolis, Florida and Korea. Range of products include manufacture of custom CNC machining for aerospace, packaging, and Industrial markets, delivering world-class precision.
Option Care Option Care is affiliated with Walgreens, the drugstore giant. The company specializes in home infusion services and has a national footprint with over 5000 employees. Services include immunoglobulin therapy, and the Sauk Rapids location houses a specialty pharmacy providing biotech injectable drugs and pharmacy consulting services to physicians and patients.
Care Medical Supply Care Medical Supply is a family owned, 25-year-old company that specializes in hospital beds, walking aids, lift chairs, wheelchairs, SAD lights, breast pumps and other medical supplies.
Apria Healthcare Apria Healthcare is one of the nation’s leading providers of home respiratory services and certain medical equipment, including oxygen therapy, inhalation therapies, sleep apnea treatment, enteral home nutrition and negative pressure wound therapy. Apria owns and operates more than 400 locations throughout the United States and serves more than 1.8 million patients each year.
Relax and Revive Relax and Revive is a certified massage therapy specializing in Swedish massage, deep tissue, myofascial release, trigger point therapy, prenatal massage, reflexology, and hot stone massage.
Carlson Systems A leading distributor of the most recognized brands of construction and packaging machines, tools and supplies in the industry. Supported by a net-work of service and repair technicians, the company has evolved to encompass over 130 locations in 34 States and Mexico.
Tradesmen International Tradesmen International is a 25-year-old company with over 150 locations internationally. The firm provides construction labor support for a variety of industries, including all types of commercial construction and shipbuilding. In addition, it provides members with safety training, OSHA training, labor relations and productivity analysis.
Andersen Windows For over 115 years, our drive to make windows that are different and better has been at the heart of our company. It has led us to pioneer new products, set higher standards for our entire industry and, ultimately, become America’s premier window manufacturer. In fact, Andersen is not only the most trusted and recommended brand of windows and doors among homeowners, it’s also the most preferred.
When you choose Andersen, not only are you investing in a brand that homeowners agree increases the value of their home, but also a brand that stands behind its products with exceptional service and support. It’s also why more contractors buy and install Andersen windows and doors more than any other brand.
Auto Value PartsAPH is a third generation family-owned aftermarket auto parts distributor based in St. Cloud, Minnesota. APH was established in 1920 in Minneap-olis as National Bushing & Parts Company. Today, with its network of 102 corporate stores and 35 independent stores, APH is consistently ranked in Babcox Media’s Top 20 Super Stores ranking of aftermarket distributors. The company employs more than 1,000 employees.
Tenant Profiles Continued
5
Additional Photos
6
3900 Roosevelt Road #125 | St. Cloud, MN 56301Office: 320.253.003 Fax: 320.253.006www.gcremn.com
Aerial
Mike Bobick, CCIM [email protected]
Jean [email protected]
