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Asking Price Contact for pricing
NOI Net Operating Income N/A
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Key Facts

Building Area

Property Description

The GAF Building in Maple Grove is a 102,994 square feet industrial facility with 20' clear heights and rail access with two rail spurs. The property also included 6.5 acres of outside storage that provides additional income from the tenant. The property is fully occupied by GAF Materials, LLC on a 9-year lease term. GAF is the leading roofing manufacturer in North America and is part of the Standard Industries family of companies (Moody's Ba2, S&P BBB-).

Investment Highlights

  • 100% occupied on a long-term lease by GAF
  • 102,994 SF facility with a dedicated rail spur for lower cost of material handling
  • 6.5 acres of improved outside storage including an additional 50,000 sf of covered storage
  • Strategically located in the Northwest suburbs of Minneapolis for tenant's supply chain growth
Last Updated Date: 30 Jul 2020
David Berglund
David Berglund
Senior Managing Director, Minneapolis Office Co-Head
Colin Ryan
Colin Ryan
Senior Managing Director, Minneapolis Office Co-Head

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Last Updated Date: 30 Jul 2020

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