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Twin Cities office, industrial, retail and investment. Demonstration site with sample content.

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  3. Cottage Ridge Flex Center, Unit B

Cottage Ridge Flex Center, Unit B

1755 Weir Drive, Woodbury, MN

  • Flex
  • Available
  • Woodbury and I-94 East

Forty percent office finish with a parking ratio of 4.8 per thousand, which is what makes this work for a service contractor with a large field crew.

Single storey business park building with glass entries and parking

The specification

Available area
16,200 SF
Divisible to
8,100 SF
Base rate
$11.75 per SF per year
Lease structure
NNN
Operating expenses
$3.60 per SF
Gross occupancy cost
$15.35 per SF
Available
Immediately
Term sought
5 years
Clear height
18 feet in the warehouse bay
Loading
2 dock high doors, 2 grade level overhead doors
Electrical service
800 amp, 208 volt three phase
Office finish
6,480 SF finished office, 40 percent of the unit
Parking
78 stalls, 4.8 per 1,000 SF

About the space

Flex space lives or dies on two numbers: the office ratio and the parking ratio. Unit B has 6,480 square feet of finished office across the front, 40 percent of the unit, and 78 stalls at 4.8 per thousand. A mechanical or electrical contractor running 30 field staff plus an office team fits here without parking on the street.

The warehouse bay is 18 feet clear with two dock high doors and two grade level overhead doors, so vans and box trucks load without a leveller. Power is 800 amp at 208 volt, adequate for shop tools but not for production equipment.

Ownership will demise the unit in half at 8,100 square feet, though that splits the office block and one of the two grade doors.

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

Tour this space

Ask Aisha 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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