AbeTech & Stereotaxis
$6,542,830
12560 Fletcher Lane, Rogers, MN 55374
7.5
Cap Rate
490,711
NOI
Details:
Highlights:
- 100% Leased: Fully leased to established technology-focused tenants AbeTech and Stereotaxis.
- New 7-Year AbeTech Lease: AbeTech is signing a new seven-year lease, providing long-term occupancy and income stability. AbeTech is a systems integrator providing barcode, RFID, inventory-management, and industrial-automation solutions that help manufacturing, warehousing, and distribution customers improve operational efficiency.
- Publicly Traded Tenant: Stereotaxis, Inc. (NYSE American: STXS) is a publicly traded medical technology company specializing in robotic technologies for cardiac procedures.
- Strong Demographics: $236,840 average 1-mile household income and 51,584 population within 5 miles.
- Strategic I-94 Location: Located in Rogers, MN, approximately 25 miles northwest of Minneapolis, with immediate access to I-94 and Highway 101.
- Established Industrial Corridor: Surrounded by industrial, distribution, commercial, and employment uses within one of the northwest metro's growing business centers.
- Functional Warehouse Space: 21' clear height and five dock-high loading docks support a variety of warehouse and operational uses.
Description:
ROGERS, MINNESOTA | Growing Northwest Twin Cities Business & Industrial Hub
AbeTech and Access Point Technologies are located in Rogers, Minnesota, a growing northwest Twin Cities community that has evolved into an important business, employment, and industrial center. Strategically positioned along Interstate 94 and Highway 101, Rogers provides convenient access to Minneapolis, St. Cloud, and communities throughout the northwest Twin Cities metropolitan area.
The property is situated within an established commercial and industrial corridor surrounded by a diverse mix of manufacturing, distribution, technology, office, and service-oriented businesses. Rogers’ location along the I-94 corridor provides businesses with efficient regional transportation and access to a substantial workforce, making the area attractive to companies seeking a strategic northwest metro location.
Documents:
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AbeTech___Access_Point_-_Rogers__MN_-_Public.pdf
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Location
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