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Active
Listed
$8,600,000
/mo   Edit
MLS# 5146693
Commercial
Built 1982
7.47 acres
Robbinsdale schools
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    Description:   Offered for sale is the 100% fee simple interest in the Brooklyn Crossing Office Park, located at the northeast corner of Brooklyn Blvd. and Bass Lake Road (Co. Rd. 10) in Brooklyn Center, Minnesota. The office park consists of one (1) five-story office tower and four (4) single-story office buildings. The 5 bldgs. combined offer a total of approx. 90, 000 RSF, 81% occupied, anchored by 2 gvmt. leases and Soo-Line Credit Union & some mtm tenants. Next to 261unit apt dev. on former Jerry's site.
    List Price: $8,600,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1982
    City: Brooklyn Center
    Zip Code: 55429

    Interior

    Building Fin Sq Ft: 90,000 ft²

    Exterior

    Heating System: Heat Pump, Forced Air
    Foundation Size: 42,798 ft²
    Handicap Accessible: Elevator
    Exterior Material: Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 400

    Lot

    Acres: 7.47
    Latitude: 45.06089400
    Longitude: -93.32380900
    Lot Size Dim.: unknown, irregular
    Dev/Complex Name: Brooklyn Crossing 3rd Add
    Zoning: Business/Commercial

    Schools

    School District: 281 - Robbinsdale
    District Phone: 763-504-8000

    Expenses

    Annual Gross Expense: $535,544

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $66,026
    Assessment Pending: Unknown
    Taxes w/ Assessments: $66,026

    Income

    Annual Gross Income: 1304000.00

    Rent

    Annual Net Income: $769,385

    Unit

    Total Units: 80

    Miscellaneous

    Current Use: Commercial, Professional Service
    Fuel System: Natural Gas, Electric
    Owner Occupied: N
    Sale Includes: Leases, Building
    Sewer System: City Sewer/Connected
    Utilities: Heating Common, Heating Separate, Electric Common, Electric Separate, Hot Water
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Jeff
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    TruStone
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    CrossCountry
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    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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