Lexington Preserve Business Park

3705-3745 Pheasant Ridge Dr NE, Blaine, MN

Property Information

  • For Lease Contact for pricing
  • Property Type Industrial - Warehouse/Distribution
  • Year Built 2025
  • Date Updated Jun 27, 2026

Description

Welcome to Lexington Preserve Business Park, a CSM development offering 30,000 – 160,000 SF of industrial space over three sites that are well-suited for tenants requiring Distribution & Manufacturing, Office, Warehouse, or Technology facilities. The site in the growing North Central submarket provides the opportunity to strengthen your business through the development of space that is as unique as your brand, in a location where it is sure to be noticed.

Available

Building A: 83,886 SF

Building B: 83,886 SF

Minimum Divisible: 30,000 SF

Lease Rate

Negotiable

2026 CAM/Tax

TBD (Significant tax savings first two years)

Construction Complete

Highlights

  • 20-minute commute from MSP offers access to wide-ranging workforce
  • Abundant natural light
  • Highly visible from I-35W with 51,000 vpd
  • HQ campus opportunity
  • Multiple docks and drive-in doors to support industrial tenants
  • Natural setting with adjacent wetlands and protected wildlife area
  • Proximity to gas, grocery, and dining
  • Spec Industrial & Build-To-Suit

1 Space Available

Space Available

Space Type

Warehouse/Distribution

Lease Rate

Contact for pricing

Total Space

160,000 SF

Divisible Space

30,000 - 160,000 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Build Type

Full build out

Column Spacing

50' x 50'

HVAC

None

Contacts

Location

Contact Lexington Preserve Business Park
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