- For Sale $1,480,000
- Property Type Industrial - Warehouse/Distribution
- Property Size 27,336 SF
- Lot Size 1.99 SF
- Year Built 1955
- Date Updated Jun 27, 2025
Colliers is pleased to present for sale this fully leased, single tenant, net-leased industrial investment opportunity located in Maple Lake, Minnesota.
Foam Fabricators of Minnesota, with its’ parent company being American Converters Inc., has occupied this facility for more than 45 years.
American Converters Inc. recently extended their lease for an additional 7-years, proving this facility is mission-critical to their operations.
Highlights:
- Front Office Roof is Being Fully Replaced
- 7-Year Lease Extension Just Signed
- 3% Annual Rent Increases
- 50:1 Tenant Revenue to Rent Ratio
- Priced Below $55/SF
- Significantly Below Market Rent of $4.34/SF NNN
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Location
Getting Around
-
Bike Score ®
29/100
Somewhat Bikeable
- City Maple Lake, MN
- Neighborhood Silver Creek
- Zip Code 55358
- Market Minneapolis St Paul
Points of Interest
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Petro
7.49 miles
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Tesla Supercharger
7.51 miles
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Kwik Trip
7.52 miles
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Shell
7.63 miles
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Holiday
7.64 miles
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Speedway
7.71 miles
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Casey's General Store
7.84 miles
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Marathon
9.19 miles
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Parking Lot, Hoglund WMA
2.10 miles
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Parking Lot, Suconnix WMA
3.44 miles
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Parking Lot, Maple Lake WMA
4.08 miles
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Airborn Tavern
7.25 miles
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Clearwater Travel Plaza
7.55 miles
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Taco Gringo
7.56 miles
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DQ Grill & Chill
7.57 miles
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The Kettle2
7.57 miles
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Godfather's Pizza
7.61 miles
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Subway
7.61 miles
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Domino's
7.61 miles
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Burger King
7.69 miles
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McDonald's
7.70 miles
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Oak Street Mall
7.62 miles
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Food Pride
7.63 miles
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Coborn's Marketplace
7.68 miles
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Runnings
9.02 miles
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Cub Foods
9.10 miles
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ALDI
9.16 miles
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Walmart Supercenter
9.19 miles
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Maple Lake Fire Department
5.96 miles
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Community Behavorial Health Hospital - Annandale
6.97 miles
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Annandale Fire Department
7.54 miles
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Annandale Police Department
7.54 miles
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Clearwater Fire Department
7.74 miles
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Becker Fire Department
7.74 miles
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Becker City Fire Station
7.77 miles
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CentraCare Clinic-Becker
7.82 miles
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Becker City Police Department
7.93 miles
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Clear Lake Fire Department
9.00 miles
Frequently Asked Questions
The space currently listed for sale at Industrial Investment Opportunity in Maple Lake, MN | $1,480,000 | 8.00% CAP asks for $1,480,000.
Industrial Investment Opportunity in Maple Lake, MN | $1,480,000 | 8.00% CAP totals 27,336 square feet.
Industrial Investment Opportunity in Maple Lake, MN | $1,480,000 | 8.00% CAP was built in 1955.
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