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I-35 Industrial Center

Off-Market

2300 State Highway 13 West, Burnsville, MN 55337

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 413,239 Sqft
  • Lot Size 21.17 Acre
  • Parking Spaces Avail. 247
  • Parking Ratio 0.60/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1970

Location

  • City Burnsville, MN
  • Neighborhood Burnsville
  • Zip Code 55337
  • Market Minneapolis St Paul

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 04 Jun, 2021
  • Purchase Price $17,245,945
  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Burnsville

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Burnsville Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $27.32
  • 2020 Office Vacancy Rate 4.18 %
View more Burnsville market trends

Tax

  • Property Tax in 2019-2020 $243,243
  • Market Value $11,459,400
  • Assessed Value $11,459,400

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of I-35 Industrial Center?

I-35 Industrial Center totals 413,239 square feet.

When was this property built?

I-35 Industrial Center was built in 1970.

When was I-35 Industrial Center last sold?

I-35 Industrial Center was last sold on 04 Jun, 2021.

What was the last purchase price for I-35 Industrial Center?

I-35 Industrial Center was last sold for $17,245,945.

What is the property tax for I-35 Industrial Center?

The property tax for I-35 Industrial Center in 2019-2020 was $243,243.

What is the market value for I-35 Industrial Center?

The market value for I-35 Industrial Center in 2019-2020 was $11,459,400.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.