777 Forest St | Saint Paul, MN 55106
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- LoopNet Team
777 Forest St
Saint Paul, MN 55106
Building 21 · Office Property For Sale
Investment Highlights
- Prominent and Recognizable Tenant - The Archdiocese of Saint Paul and Minneapolis
- Ease of Management - The tenant is responsible for the majority of the upkeeping and maintenance of the building
- Neighborhood Renaissance - In 2010 the Port Authority of St. Paul initiated and completed the redevelopment of the nearly 40-acre campus
- Consolidated and Centralized Location - The Archbishop selected the current property to staff the the administrative office and staff at one location
- Historically Significant Building - Served as the former 3M Global Headquarters
- Annual Rent Increases - The lease features annual 2% rent increases
Property Facts
Property Type
Office
Building Size
63,305 SF
Building Class
C
Year Built
1939
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
31,653 SF
Building FAR
0.26
Lot Size
5.63 AC
Zoning
I1 - Light Industrial per the city of St. Paul
Parking
114 Spaces (1.8 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 28-29-22-33-0064 | Improvements Assessment | $4,495,800 |
| Land Assessment | $1,455,300 | Total Assessment | $5,951,100 |
Property Taxes
Parcel Number
28-29-22-33-0064
Land Assessment
$1,455,300
Improvements Assessment
$4,495,800
Total Assessment
$5,951,100
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