This property is Off-Market

5900 Centerville Road
White Bear Township, MN 55127 ·

350,000 SF · Industrial For Sale

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Schwing America

Price N/A Tenancy Single
Building Size 350,000 SF Year Built 1970
Property Type Industrial Clear Ceiling Height 65 ft.
Property Sub-type Manufacturing Lot Size 43 AC
Property Use Type Net Lease Investment with 10+ years left on lease
Listing ID: 18172500 Date Created: 05/15/2013 Last Updated: 01/20/2014

Description

Colliers International ( Colliers ) has been exclusively retained to market the
Owner' s 100% fee interest in the Schwing America, Inc. (the Company )
United States headquarters and manufacturing facility (the Property ) to
qualified investors. Schwing America will sell and lease back their 43
acre/350,000 square foot U.S. headquarters and sole U.S. manufacturing
facility for a 20 year term with annual rent increases.

The 350,000 square foot headquarters and manufacturing facility is situated
on over 43 acres along Interstate 35E in the northeast Minneapolis suburb of
White Bear Township. The office building serves as the U.S. headquarters for
Schwing GmbH, a German based international manufacturer of concrete
pumping and mixing equipment.

Highlights

  • 20 Year LEase
  • 1.5% Annual Rent Increases
  • Guaranty from German Parent Company
  • Controls a substantial portion of Concrete Boom Market
  • Expansion Capability
  • Occupied Property since 1974

Research

5900 Centerville Road, White Bear Township, MN 55127

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