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Bush Lake Business Center 10951 Bush Lake Rd 145,500 SF 6% Leased Industrial Building Bloomington, MN 55438 For Sale

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Executive Summary

145,500 SF industrial building for sale or lease, 1115,000 SF of 23' clear warehouse and 30,000 SF of office that is on two floors. The property is over 15 acres and there is potential to expand the building if needed. Ample parking with new asphalt work done in 2024, the property is also conditionally approve for an acre of outdoor storage. 3,000 amps of 480 volt 3 phase power, with an operating backup generator on site. Great access to 169, 494 and 35W, there are also many area restaurants and amenities. The first floor office space can be converted into tech or low clear warehouse space, and the building has two main entries to allow for multiple tenants. The building has 6 dock doors and 2 drive in doors, there is new painting and LED motion sensor lighting throughout the warehouse. This is a professional, corporate image property with significant work and improvements done to the property over the last two years.

Bush Lake Marketing Information

Property Facts

Sale Type	Investment or Owner User	No. Stories	2
Property Type	Industrial	Year Built/Renovated	1988/1997
Property Subtype	Warehouse	Parking Ratio	2.9/1,000 SF
Building Class	B	Clear Ceiling Height	23’
Lot Size	15.01 AC	No. Dock-High Doors/Loading	6
Rentable Building Area	145,500 SF	No. Drive In / Grade-Level Doors	2
Zoning	IP

Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	B
Lot Size	15.01 AC
Rentable Building Area	145,500 SF
No. Stories	2
Year Built/Renovated	1988/1997
Parking Ratio	2.9/1,000 SF
Clear Ceiling Height	23’
No. Dock-High Doors/Loading	6
No. Drive In / Grade-Level Doors	2
Zoning	IP

Mezzanine

Signage

Raised Floor System

Space Availability

Space
Size
Space Use
Condition
Available

1st Floor
20,000-145,500 SF
Industrial
Full Build-Out
Now

145,500 SF office and warehouse space for lease. Up to 115,500 SF of warehouse space available, with new paint, lighting, and additional loading. The building has 30,000 SF of office space available, but Landlord is willing to create tech, lab or air conditioned low clear warehouse space in that office area. Month to Month Warehouse option, Long Term Office/Warehouse Option. Local, hands on ownership and property management. The building is devisable, and has 3,000 amps of 3 phase 480 power along with heavy parking, great access to 35W and Hwy 169. Asking $5.75psf for warehouse plus amortized improvements.