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MATT OELSCHLAGER Senior Vice President +1 952 924 4848 [email protected] MIKE BOWEN Senior Associate +1 952 924 4885 [email protected] 7325 ASPEN LANE Brooklyn Park, Minnesota FOR SALE JOHN RYDEN,CCIM,SIOR Senior Vice President +1 952 924 4641 [email protected]

FOR SALE 7325 ASPEN LANE...2018 REAL ESTATE TAXES $250,749.20 ($1.70 PSF) PROPERTY OVERVIEW 7325 Aspen Lane is a premier purchase opportunity located in Brooklyn Park, MN. Most recently

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Page 1: FOR SALE 7325 ASPEN LANE...2018 REAL ESTATE TAXES $250,749.20 ($1.70 PSF) PROPERTY OVERVIEW 7325 Aspen Lane is a premier purchase opportunity located in Brooklyn Park, MN. Most recently

MATT OELSCHLAGERSenior Vice President

+1 952 924 [email protected]

MIKE BOWENSenior Associate+1 952 924 4885

[email protected]

7325 ASPEN LANEBrooklyn Park, Minnesota

FOR SALE

JOHN RYDEN,CCIM,SIORSenior Vice President

+1 952 924 [email protected]

Page 2: FOR SALE 7325 ASPEN LANE...2018 REAL ESTATE TAXES $250,749.20 ($1.70 PSF) PROPERTY OVERVIEW 7325 Aspen Lane is a premier purchase opportunity located in Brooklyn Park, MN. Most recently

CBRE 4400 West 78th Street Suite 200 Minneapolis, MN 55435 www.cbre.com/zacharylane

CBRE1900 LaSalle Plaza800 LaSalle AveMinneapolis, MN 55402www.cbre.com/minneapolis

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)

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.

Premier NW Metro Pharmaceutical Production/R&D Facility Available for Sale

Page 3: FOR SALE 7325 ASPEN LANE...2018 REAL ESTATE TAXES $250,749.20 ($1.70 PSF) PROPERTY OVERVIEW 7325 Aspen Lane is a premier purchase opportunity located in Brooklyn Park, MN. Most recently

Property SpecificationsBUILDING SF

LAND AREA5.04 acres

CLEAR HEIGHT24’

YEAR BUILT1980

SPRINKLER SYSTEMYes

PARKING170 stalls (1.15/1000)

LOADING5 dock-high doors (2 shipping, 2 receiving, 1 trash)

COLUMN SPACINGTBD

FLOOR THICKNESSTBD

ROOFReplaced in 2005

FREEWAY ACCESSQuick access to Twin Cities metro via I-694

FIBERCentury Link

POWER5,000 amps at 480-volt, one 400 KW diesel generator providing continuous backup power for UPS systems, building management systems, security and emergency lighting

HVAC21 air handling units and 4 desiccant units providing conditioned (and in some cases, dehumidified) air

AVAILABILITYImmediately

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

• 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

Page 4: FOR SALE 7325 ASPEN LANE...2018 REAL ESTATE TAXES $250,749.20 ($1.70 PSF) PROPERTY OVERVIEW 7325 Aspen Lane is a premier purchase opportunity located in Brooklyn Park, MN. Most recently

CBRE 4400 West 78th Street Suite 200 Minneapolis, MN 55435 www.cbre.com/zacharylane

CBRE1900 LaSalle Plaza800 LaSalle AveMinneapolis, MN 55402www.cbre.com/minneapolis

Floor Plans

Page 5: FOR SALE 7325 ASPEN LANE...2018 REAL ESTATE TAXES $250,749.20 ($1.70 PSF) PROPERTY OVERVIEW 7325 Aspen Lane is a premier purchase opportunity located in Brooklyn Park, MN. Most recently

Property Pictures

FORMULATION DEVELOPMENT LABS

Page 6: FOR SALE 7325 ASPEN LANE...2018 REAL ESTATE TAXES $250,749.20 ($1.70 PSF) PROPERTY OVERVIEW 7325 Aspen Lane is a premier purchase opportunity located in Brooklyn Park, MN. Most recently

CBRE 4400 West 78th Street Suite 200 Minneapolis, MN 55435 www.cbre.com/zacharylane

Property Pictures

ANALYTICAL LAB

CBRE1900 LaSalle Plaza800 LaSalle AveMinneapolis, MN 55402www.cbre.com/minneapolis

Page 7: FOR SALE 7325 ASPEN LANE...2018 REAL ESTATE TAXES $250,749.20 ($1.70 PSF) PROPERTY OVERVIEW 7325 Aspen Lane is a premier purchase opportunity located in Brooklyn Park, MN. Most recently

Property Pictures

STABILITY CHAMBERS WAREHOUSE

WAREHOUSE R&D OFFICES

CONFERENCE ROOMS/ATRIUM ENTRANCE

Page 8: FOR SALE 7325 ASPEN LANE...2018 REAL ESTATE TAXES $250,749.20 ($1.70 PSF) PROPERTY OVERVIEW 7325 Aspen Lane is a premier purchase opportunity located in Brooklyn Park, MN. Most recently

contact us

CBRE | 800 LaSalle Ave | Suite 1900 | Minneapolis, MN 55402 | www.cbre.com/minneapolis

© 2018 CBRE, 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. CBRE and the CBRE logo are service marks of CBRE, 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

MATT OELSCHLAGERSenior Vice President+1 952 924 [email protected]

MIKE BOWENSenior Associate+1 952 924 [email protected]

JOHN RYDEN,CCIM,SIORSenior Vice President+1 952 924 [email protected]