St. Anthony Industrial
Last-mile industrial warehouse with desirable outdoor parking located immediately north of downtown Minneapolis.
1955 / 2012
63 ST. ANTHONY PKWY
MINNEAPOLIS, MN 55418
St. Anthony Industrial is a 153,928 SF last-mile industrial property located north of downtown Minneapolis, MN. The property was built in 1955, renovated in 2012, and boasts a mix of functional warehouse space (80%), fully built out modern office (20%), and highly desirable fenced in outdoor truck storage.
The building is currently ~50% occupied which provides an opportunity to create value through the lease-up of vacant suites. The submarket is ~98% occupied which has led to upward pressure on lease rates. The property is situated on over 12 acres of land inclusive of the outdoor truck storage. The excess land provides an opportunity to expand the outdoor storage space and capitalize on the strong demand for outdoor truck storage.