Sample design · This website is a demo, made to show what your business site could look like. The company, people and reviews on it are not real. · This website is a demo. The business is not real.

Built by Prebuiltwebmarket.com
Buy now100+ website designs
Brokerage desk(612) 555-0189Request a valuation

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

Open plan office floor ready for a tenant fit outSt. Paul and Lowertown, office spaceWest End and Golden Valley, office spaceOffice availabilities, office spaceTenant representation, office spaceLoad factor calculator, office space

Minneapolis CBD

Loading dock doors along a distribution warehousePlymouth and Maple Grove, industrial spaceWoodbury and I-94 East, industrial spaceIndustrial availabilities, industrial spaceSite selection and build to suit, industrial spaceBuilding specification guide, industrial space

Eagan and Airport South

Retail storefronts along a city streetLandlord representation, retail spaceInvestment sales, retail spaceUnderwriting calculator, retail spaceSouthwest metro, retail spaceCase studies, retail space

Retail availabilities

Advisors reviewing a lease across a conference tableLandlord representation, services spaceInvestment sales, services spaceAsset services, services spaceSite selection, services spaceValuation and research, services space

Tenant representation

  1. Home
  2. Availabilities
  3. Vandalia Industrial, Suite A

Vandalia Industrial, Suite A

755 Vandalia Street, St. Paul, MN

  • Industrial
  • Available
  • Sublease
  • St. Paul CBD and Lowertown

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

Older brick industrial building with loading doors

The specification

Available area
31,500 SF
Base rate
$6.95 per SF per year
Lease structure
NNN
Operating expenses
$2.85 per SF
Gross occupancy cost
$9.80 per SF
Available
Immediately
Term sought
3 years
Clear height
24 feet
Loading
6 dock high doors, 1 drive-in
Electrical service
800 amp, 480 volt three phase
Office finish
3,100 SF of office at the north entry
Parking
64 car stalls, 90 foot court

About the space

The sublandlord is a printing business that consolidated into a single facility in Roseville and has 36 months left on a five year term. Direct asking rates for comparable Midway industrial space run 8.75 to 9.25 triple net; this is 6.95.

Twenty four feet clear is the constraint and the reason the discount exists. It supports four high selective racking of standard pallets and nothing taller. For a light assembly, service or storage user whose pallet count does not need the fifth level, that is irrelevant and the saving is real.

Prime landlord consent is required and the prime lease restricts outdoor storage. We have read both documents and can send the relevant clauses before you tour.

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

01Office

Union Depot Exchange, Suite 300

214 East Fourth Street, St. Paul

  • Available
  • Divisible
Size
22,400 SF
Base rate
$16.75
Gross
$28.15

The largest contiguous block in Lowertown, at a gross occupancy cost roughly nine dollars under comparable Minneapolis CBD space.

Space detail
02Industrial

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
03Industrial

Elm Creek Crossdock

9820 Fernbrook Lane North, Maple Grove

  • Under LOI
Size
54,000 SF
Base rate
$8.40
Gross
$10.75

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

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.

Cookie preferences

Choose which cookies you allow. You can change this at any time from the link in the footer.