8609 Xylon Ct
Minneapolis, MN 55445
Industrial Property For Sale

Property Overview Xylon Court Industrial Warehouse is an attractive single story 60,557 square foot free standing Commercial building on a spacious 3.94 acre lot located in Brooklyn Park Minnesota Right off of 85th Avenue north and Highway 169 with easy access to I-694 and MN-610. The building has great visibility and access from Highway 169. Conveniently located less than 15 miles from down town Minneapolis. The front of the building has four very nice front entrances with lots of windows for great natural light, plenty of trees and landscaping for a nice view, And 116 free parking spaces (3.0 / 1,000 SF) for customers or employees. The rear of the building has 5 truck docks and 4 drive in doors for great loading and unloading access. The interior has a minimum ceiling clear height of 18’ for lots of space. The roof and parking lot are in good condition and the roof top HVAC units were replaced one year ago. Xylon Court Industrial Warehouse has the versatility to accommodate several functions for multiple tenants or a single user. Currently it is demised in four suites with two newer tenants (Kabanuk Investments since August 1st 2018, And The Packaging Lab since May 1st 2019) And two of the suites occupied by long term tenants (NovelCath since May 7th 2007, And Savvi Formalwear since December 19th 1997) that could either have new leases to extend their occupation or they could leave and have a single tenant/owner occupation or some combination of owner occupation plus a tenant to rent part of the building to help cover cost. This offering provides an investor the opportunity to acquire a well maintained multi-tenant building which generates strong cash flow at a great CAP rate.