Mendota Heights Business Plaza

1385 Mendota Heights Business Plaza is a fully leased, professionally maintained industrial and flex investment property. It features high-quality office finishes and functional warehouse capabilities, including a clear height of 14 feet and two dock doors. This asset is strategically located near MSP International Airport and major regional highways.

• The property boasts a diverse and stable tenant mix,

supported by long-term leases (rent roll available upon

request). The net operating income (NOI) is $327,777.

• Value-Add Opportunity: The property offers a compelling

investment upside, with several in place leases well below

current market rates (estimated market range $12-14, with

most recent lease completed at $14.84 Net)

• Recent capital improvements include a remodeled restroom

core and a new roof installed in 2023, which comes with a

warranty expiring on November 4, 2047.

• The property offers excellent visibility and accessibility to

major highways in the region.

• This represents an exceptional turnkey investment

opportunity in one of the Twin Cities' most accessible and

well-established submarkets.