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8 Pine Tree Dr
Arden Hills, MN 55112
Northpark Corporate Center · Office Property For Sale
Investment Highlights
- Diverse, Stable Rent Roll with Durable In-Place Cash Flow and 4.8 Years WALT
- Robust Leasing Momentum: 90% of NRA Since Acquisition in 2020
- Great Accessibility & Connectivity via Highway 51 and Interstate 694
- $4.5+ Million in Recent Capital Investments
- Fundamentally Sound Suburban St. Paul Office Submarket with Strong Corporate Presence
- High Cap Rate Deal Provides Excellent Coupon and Opportunity to Exit into Improved Capital Marketplace
Property Facts
Property Type
Office
Building Size
97,765 SF
Building Class
B
Year Built
1999
Percent Leased
95%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
16,155 SF
Slab To Slab
12’
Building FAR
0.78
Lot Size
2.89 AC
Zoning
B-2
Parking
500 Spaces (5.11 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Commuter Rail
- Food Service
- Security System
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 34-30-23-11-0024 | Improvements Assessment | $2,178,000 |
| Land Assessment | $1,268,900 | Total Assessment | $3,446,900 |
Property Taxes
Parcel Number
34-30-23-11-0024
Land Assessment
$1,268,900
Improvements Assessment
$2,178,000
Total Assessment
$3,446,900
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