EXECUTIVE SUMMARY
Cushman & Wakefield’s National Industrial Advisory Group has been retained by Ownership as its exclusive advisor in the sale of the Amazon Fulfillment Center located at 2601 4th Avenue East in Shakopee, Minnesota (the “Property”).
The 855,000 SF state-of-the-art facility is 100% leased to Amazon and guaranteed by Amazon.com Inc. with 6.5 years of lease term remaining. This building serves as a fulfillment and robotics sortable facility for small goods and is the only facility of its kind in the Minneapolis/St. Paul metro area.
Located in the Minneapolis MSA, this facility is positioned in a dynamic market with strong market fundamentals and scarce development opportunities. Investors are provided with the opportunity to acquire a strategic facility that is fully leased with Amazon credit and extensive investment in the space.
INVESTMENT HIGHLIGHTS
- Outstanding Investment Grade Tenancy
- Significant Tenant Investment in the Space
- Amazon's Mission Critical "Hub" Facility in Minneapolis
- Coveted Southwest Minneapolis Location
- State-of-the-Art Construction
OFFERING AT A GLANCE
Size: | 855,000 SF |
Building(s): | 1 |
Tenant(s): | 1 (Amazon) |
Leased: | 100% |
Remaining Lease Term: |
6.5 Years |
Clear Height: | 40' 6" |
Year Built: | 2016 |
CONTACTS
JIM CARPENTER Vice Chair |
ADAM TYLER Vice Chair +1 312 470 1840 |
MIKE TENTERIS Vice Chair |
MEGAN BARKER |
AVERY TICER, J.D., CFA Executive Director |
KRIS SMELTZER Executive Managing Director |
JEFF ALTENAU Vice Chair +1 312 470 2355 jeff.altenau@cushwake.com |
ZACH YARNOFF Managing Director |
CUSHMAN & WAKEFIELD NATIONAL INDUSTRIAL ADVISORY GROUP
CENTRAL
Jim Carpenter
Mike Tenteris
Adam Tyler
Megan Barker
MOUNTAIN WEST
Will Strong
Michael Matchett
Molly Hunt
WEST
Jeff Chiate
Rick Ellison
Bryce Aberg
Matthew Leupold
Ashley Tassano
FLORIDA
Mike Davis
Rick Brugge
Rick Colon
Dominic Montazemi
SOUTHWEST
Jim Carpenter
Jud Clements
Robby Rieke
Trevor Berry
NORTHEAST
Gary Gabriel
Gerry Blinebury
Kyle Schmidt
Jon Carpenter
Graham Savage
SOUTHEAST
Stewart Calhoun
Casey Masters
Ryan Bellows
Drew Stanford