Last Mile Penn

Minneapolis, MN

A last-mile industrial building with below-market rents in a high-demand industrial market.

Year Built

1967 / 1998

Total Square Feet

218,899

Dock Doors

Investment Highlights

9231 PENN AVE S

MINNEAPOLIS, MN 55431

Last Mile Penn is a well-located Class B last-mile industrial property in a first ring submarket. The submarket is 95% occupied and provides access to Interstate 494.

The property features strong in-place cash flow and further upside through leasing vacancies and raising rents to market rental rates.

CONTACT

Tim Donovan

414.795.5849
tim@midloch.com

CONTACT

Gabriella Garcia

312.625.7162
gabriella@midloch.com

Find New Value in Real Estate

CHICAGO

MILWAUKEE

MINNEAPOLIS

+1 414 644 0353

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