RIVER BEND BUSINESS PARK IV | ST. PAUL

RIVER BEND BUSINESS PARK IV | ST. PAUL

River Bend Business Park IV, St. Paul is a build-to-suit office/flex/showroom or warehouse opportunity for sale.  Located just off Shepard Road, the property has easy access to I-35E, I-94 and Hwy 52.

FEATURES:
►Land site, zoned I-2 in close proximity to downtown St. Paul and MSP International Airport
►Located just off of Shepard Road, with easy access to I-35E as well as I-94 and Hwy 52
►Located in an Opportunity Zone – Favorable Capital Gains Treatment
►Overlooking the Mississippi River with direct access to the Samuel H. Morgan Regional Trail
►Excellent presence along Randolph Avenue

SPECIFICATIONS:
Option A:
►Land for sale approximately 4.2 acres
►PRICE REDUCED! $914,760 ($5.00/SF)
►Site is ready for construction
►Needs only a building permit
►Utilities stubbed into site
►Flexible uses: office, industrial or combination
Option B:
►Build-to-suit 40,000-45,000 SF building
►Flexible uses: office, industrial or combination
►Completion 7 months following building permit

LAND AREA: Approximately 4.2 Acres | 182,952 SF

SALE PRICE: PRICE REDUCED! $914,760 ($5.00/SF)

AVAILABLE BUILDING SQUARE FEET: 41,000-45,000 SF (Demisable)

BUILD-TO-SUIT NET RENTAL RATES: $11.50 per square foot office, $5.50 per square foot warehouse

2020 EST. TAX/CAM: $2.00/SF                                                            

ZONING: I-2

POWER: 480 volt, 3 Phase

PARKING: Abundant

CLEAR HEIGHT: 24’

LOADING: Dock-high doors and drive-ins available

Listing Agents: Phil Simonet, Principal | John Young, CCIM, Vice President | Joseph Schultz, Associate

Additional Details

• Rent Rate OFC: $11.50
• Rental Rate WHSE: $5.50
• Clear Ceiling Height: 24'Ft
• TAX/CAM: $2.00
• Parking: Abundant
• Price per SF: $5.00
• Docks: Available
• Drive-ins: Available