5564 N 152nd St, Hugo, MN

Industrial for Sale - $3,300,000 - 67,987 Sq. Ft. on 5.18 acres


Agent Info

Brian Beeman

Property Info

CIMLS#1032535
Location
  5564 N 152nd St
  Hugo MN 55038
UpdatedJanuary 11th, 2021
TypeIndustrial
Price$3,300,000
Building67,987 Sq. Ft.
Land5.18 acres

Contact


Property Description

This 67,987 Sq. Ft. industrial building sits on 5.182 acres. The building consists of the following:

15K sq. ft. production space built in 1987 with heights of 16-22 ft., columns 20 x 25 ft., 1 drive-in

25K sq. ft. of warehouse/production space added in 1993 with heights of 16-22 ft., columns 20 x 25 ft., 4 docks, 1 drive-in

5,704 sq. ft. of office space added in 2010

22,283 sq. ft. warehouse added in 2012 with heights of 25 ft., all clear span.

The building is currently being used for manufacturing. The building features front and rear overhead doors, a kitchen, restrooms, offices and workstations as well as a conference room and adequate parking in the front. The roof is steel ribbed seamless and siding is over skinned and stucco on metal. Hugo is easily assessible from I-35. The building site is located to the east of Hwy 61 on 152nd Street in Hugo, MN.


Financials

Existing tenant has a two year lease with one, ten year right to renew to be exercised in 16 mos.



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