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Downtown towers, North Loop creative space and suburban campuses, leased on your side of the table.

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Distribution, light manufacturing and crossdock buildings across the airport south and northwest corridors.

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Endcaps, storefronts and single tenant net lease assets, priced against real Twin Cities comparables.

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  3. Elm Creek Crossdock

Elm Creek Crossdock

9820 Fernbrook Lane North, Maple Grove, MN

  • Industrial
  • Under LOI
  • Plymouth and Maple Grove

True cross dock configuration with doors on both faces, rare under 60,000 square feet in the northwest corridor.

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Warehouse building with dock doors on both sides of the structure

The specification

Available area
54,000 SF
Base rate
$8.40 per SF per year
Lease structure
NNN
Operating expenses
$2.35 per SF
Gross occupancy cost
$10.75 per SF
Available
1 February 2027
Term sought
5 years
Clear height
28 feet
Loading
12 dock high doors split 6 and 6, plus 2 drive-in
Electrical service
1,200 amp, 480 volt three phase
Office finish
2,800 SF of office across two entries
Parking
96 car stalls, 105 foot court on both faces

About the space

Six doors on the east face and six on the west, which lets a parcel or food distributor run inbound and outbound simultaneously without turning trailers inside the court. Cross dock configuration is common above 200,000 square feet and unusual at this size, which is why the building has traded twice in eight years.

Clear height is 28 feet, adequate for four high racking of standard pallets but not for a five high narrow aisle system. If your pallet count needs the fifth level, the Eagan and Plymouth buildings in this set are the better fit.

The building is currently under a letter of intent. We are tracking it because letters of intent in this submarket fail at roughly one in four, usually over environmental or slab condition.

Sample This building, its specification and its pricing are illustrative samples created for a demonstration website. Nothing here is an offer to lease.

Model this space

Operating expenses are escalated at 3 percent a year, the usual planning assumption for a triple net building. Free rent abates base rent only, which is how most Twin Cities leases are written.

Year one gross occupancy cost

$476,238

$39,687 a month across 66 people

Gross rate, year one
$33.35 per RSF
Cost per employee, year one
$7,216
Free rent value
$139,230
Improvement allowance value
$642,600
Net effective rate over the term
$13.36 per RSF
Total obligation over the term
$2,851,244

Sample An estimate for comparison between proposals, not a quote. It ignores parking, after hours HVAC, percentage rent and any cost your own build-out carries beyond the allowance.

Full calculator and worked example

Similar space

01Industrial

Eagan Logistics Park, Building 9

3400 Northwood Circle, Eagan

  • Available
  • Divisible
Size
128,500 SF
Base rate
$7.25
Gross
$9.35

Cross dock capable bulk distribution nine minutes from the MSP cargo apron, with ESFR sprinklers and a 135 foot court.

Space detail
02Industrial

Bass Lake Manufacturing

5140 Bass Lake Road, Plymouth

  • Available
Size
86,300 SF
Base rate
$9.10
Structure
Industrial gross

Heavy power and a ten ton bridge crane in two bays. This is a manufacturing building, not a distribution building dressed as one.

Space detail
03Industrial

Vandalia Industrial, Suite A

755 Vandalia Street, St. Paul

  • Available
  • Sublease
Size
31,500 SF
Base rate
$6.95
Gross
$9.80

A 36 month sublease at nearly two dollars under the direct rate, for a user who does not need the height.

Space detail
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Tour this space

Ask Marcus for the floor plan, the operating expense history and a walk-through. Call (612) 555-0189 or send the requirement over.

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