FOR SALE 7325 ASPEN LANE Brooklyn Park, Minnesota MATT OELSCHLAGER Senior Vice President +1 952 924 4848 matt.oelschlager@cbre.com MIKE BOWEN Senior Associate +1 952 924 4885 mike.bowen@cbre.com JOHN RYDEN,CCIM,SIOR Senior Vice President +1 952 924 4641 john.ryden@cbre.com
FEATURES/AMENITIES This property is located within a mature business park offering outstanding freeway access. Located only 3 blocks from a full interchange at Boone Avenue & I-694 allowing for quick access to the Twin Cities metro. Located in close proximity to an abundance of retail, hotel and restaurant amenities. BP - Business Park District zoning ASKING PRICE $6,500,000 2018 REAL ESTATE TAXES $250,749.20 ($1.70 PSF) Premier NW Metro Pharmaceutical Production/R&D Facility Available for Sale PROPERTY OVERVIEW 7325 Aspen Lane is a premier purchase opportunity located in Brooklyn Park, MN. Most recently occupied by Teva Pharmaceuticals (formerly CIMA Labs), the 147,000 sf building has been extremely well maintained. The building is ideally suited to accommodate another pharma user that can utilize the significant existing infrastructure and amenities. 1900 LaSalle Plaza 4400 West 78th Street 800 LaSalle Ave Suite 200 Minneapolis, MN 55402 Minneapolis, www.cbre.com/minneapolis MN 55435 www.cbre.com/zacharylane
Property Specifications BUILDING SF Office/Cube Space: 46,704 SF Formulation Development: 17,600 SF Analytical Laboratory: 13,200 SF Process/Packaging: 7,520 SF Warehouse: 29,504 SF (420 pallet positions) DEA Storage: 4,032 SF (1-576 SF DEA vault, 2-3,456 SF DEA cages with 535 racking positions Mechanical Space: 28,856 SF Total: 147,416 SF LAND AREA 5.04 acres CLEAR HEIGHT 24 YEAR BUILT 1980 SPRINKLER SYSTEM Yes PARKING 170 stalls (1.15/1000) LOADING 5 dock-high doors (2 shipping, 2 receiving, 1 trash) COLUMN SPACING TBD FLOOR THICKNESS TBD ROOF Replaced in 2005 FREEWAY ACCESS Quick access to Twin Cities metro via I-694 FIBER Century Link ADDITIONAL FEATURES/IMPROVEMENTS: 19 formulation development rooms (previously used for blending, granulation, coating, tablet compression, blister packaging, sachet packaging, lab sale lyophilization) Two toxic suites for potent compound work including glove box isolator Analytical lab (13,000 SF used for method development, research, testing & quality) Stability chambers (4 walk-in chambers with individual temperature & humidity control, 5 reach-in stability chambers with individual temperature & humidity control, secure storage area with access control, 24/7 monitoring & communication system for environmental & security alarming) Two chillers, four dry coolers with 640-ton capacity Two 125 HP heating hot water boilers at 170 degrees F Two laboratory purified water systems One air compressor providing 298 CFM of -90 degrees F dew point air at 125 PSI Two UPS systems providing temporary backup power for IT&S servers and critical lab equipment State-of-the-art security system with heavy camera coverage, perimeter monitoring/alarming, badging & access control Building Management System providing monitoring, trending, alarming & data archiving for temperature, humidity & pressure differential control of GMP and critical areas IT server room & staging areas with 20-ton Liberty cooling unity, access control, 24/7 environmental & security monitoring Secure and fire-protected archive storage room Full maintenance/meteorology support area with calibration lab, machine shop, support equipment & tooling POWER 5,000 amps at 480-volt, one 400 KW diesel generator providing continuous backup power for UPS systems, building management systems, security and emergency lighting HVAC 21 air handling units and 4 desiccant units providing conditioned (and in some cases, dehumidified) air AVAILABILITY Immediately
Floor Plans 4400 West 78th Street 1900 LaSalle Plaza Suite 800 LaSalle 200 Ave Minneapolis, MN 55402 55435 www.cbre.com/zacharylane www.cbre.com/minneapolis
Property Pictures FORMULATION DEVELOPMENT LABS
Property Pictures ANALYTICAL LAB 4400 West 78th Street 1900 LaSalle Plaza Suite 200 Ave 800 LaSalle Minneapolis, MN 55402 55435 Minneapolis, MN www.cbre.com/zacharylane www.cbre.com/minneapolis
Property Pictures STABILITY CHAMBERS WAREHOUSE WAREHOUSE R&D OFFICES CONFERENCE ROOMS/ATRIUM ENTRANCE
contact us MATT OELSCHLAGER Senior Vice President +1 952 924 4848 matt.oelschlager@cbre.com MIKE BOWEN Senior Associate +1 952 924 4885 mike.bowen@cbre.com JOHN RYDEN,CCIM,SIOR Senior Vice President +1 952 924 4641 john.ryden@cbre.com 800 LaSalle Ave Suite 1900 Minneapolis, MN 55402 www.cbre.com/minneapolis 2018, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. and the logo are service marks of, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. PMStudio_October_2016