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Coon Rapids


MN

Commercial

Description

8840 Evergreen Boulevard, Coon Rapids, MN is a 261,805 square foot, full leased, multi-tenant Industrial Flex/R&D facility located in Minneaplois's Northeast Industrial submarket.

The property is fully leased to two investment-grade Tenants. Honeywell International (NYSE:HON) has an S&P rating of A (stable) and occupies 182,651 square feet. MEDRAD, Inc. occupies the remaining 79,154 square feet. MEDRAD, Inc is a subsidiary of Bayer AG, which is publicly traded on the Frankfurt Stock Exchange and has an S&P rating of A- (stable).

Although the property is located in the NE submarket, the property borders the NW submarket and users in both markets are viable users of this property. Both submarkets are rich with high finish med-tech companies.

A 86,000 build to suit can be developed on the site and is being marketed by CBRE, please contact:

.John Ryden, CCIM, SIOR | Senior Vice President
CBRE | Brokerage Services – Industrial Specialty
4400 West 78th Street | Suite 200 | Minneapolis, MN 55435
T 952 924 4641 | F 952 831 8023 | C 612 723 9313
john.ryden@cbre.com | www.cbre.com/john.ryden

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Investing in Shopoff Realty Investments limited partnerships involves a high degree of risk, including the possible complete loss of your investment. In addition to being an illiquid investment with an uncertain liquidity date, these investments may have other risks. The past performance of any of Shopoff Realty Investments' Limited Partnerships is no guarantee of future results. View Risk Factors.

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