4500 Quebec AveNew Hope, MN 55428

Property Details for 4500 Quebec Ave

Year built

1971

Construction

CONCRETE BLOCKS

Lot size

3.20 AC

Property type

Industrial properties

APN

17-118-21-22-0035

APU

1711821220035

Description

This exceptional 41,431-square-foot Class B industrial warehouse, located at 4500 Quebec Ave N in New Hope, MN 55428, presents a compelling investment opportunity. Built in 1971 and renovated in 2008, the property boasts a desirable location in the heart of the northwest suburbs, offering easy access to Highways 100 and 169, facilitating efficient logistics and convenient access to a large labor pool. The building features a recently updated office space and upgraded infrastructure. With approximately 15'9" to 16'3" clear ceiling height, it's well-suited for manufacturing or light warehouse operations. The 3.2-acre lot includes three loading docks and permits limited outdoor storage. The property is zoned I - Industrial and is currently vacant, with an occupancy date of October 30, 2022. The asking price is $4,100,000, translating to $98.96 per square foot. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving market. The Net Net Net (NNN) lease type provides flexibility for potential tenants.

Location Insight

City

New Hope

County

Hennepin

State

Minnesota

Latitude

45.0364

Longitude

-93.3759

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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