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

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  3. Eagan Logistics Park, Building 9

Eagan Logistics Park, Building 9

3400 Northwood Circle, Eagan, MN

  • Industrial
  • Available
  • Eagan and Airport South

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

Dock doors and trailer court at a modern distribution warehouse

The specification

Available area
128,500 SF
Divisible to
42,000 SF
Base rate
$7.25 per SF per year
Lease structure
NNN
Operating expenses
$2.10 per SF
Gross occupancy cost
$9.35 per SF
Available
Immediately
Term sought
7 years
Clear height
32 feet at the first column
Loading
18 dock high doors with levellers, 2 drive-in ramps
Electrical service
2,000 amp, 480 volt three phase
Office finish
4,200 SF of office and dispatch at the southwest corner
Parking
148 car stalls, 36 trailer positions, 135 foot truck court

About the space

Building 9 is the newest of the eleven buildings in Eagan Logistics Park, delivered in 2023 and never occupied above 60 percent. It is a rear-load configuration with 32 foot clear at the first column, 50 by 52 foot column spacing, a seven inch reinforced slab rated at 500 pounds per square foot, and ESFR sprinklers throughout.

The truck court is 135 feet deep with 36 trailer positions, which is enough for a regional distributor running two shifts without staging trailers off site. Eighteen dock doors at 128,500 square feet works out to one door per 7,139 square feet, comfortably inside the one per 10,000 rule of thumb for distribution.

Ownership will divide the building down to about 42,000 square feet with a demising wall and separate utility service, priced at a modest premium to the whole building rate.

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

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Space detail
Browse availabilities

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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