B I B...2010 Population 9,299 70,349 195,043 2019 Population 9,670 74,491 209,192 2024 Population...
8
3 BUILDINGS 38,272 SF TOTAL For more information, please contact: FOR SALE Visit us at: mncreadvisors.com ©2020 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION. Cushman & Wakefield 3500 American Blvd. W. Suite 200 Minneapolis, MN 55431 cushmanwakefield.com Tom Sullivan Executive Director +1 952 837 8657 [email protected] Peter Fooshe Senior Associate +1 952 820 8722 [email protected] J.P. Perpich Associate +1 952 837 8532 [email protected] Bloomington Industrial Buildings Bloomington, MN
Transcript of B I B...2010 Population 9,299 70,349 195,043 2019 Population 9,670 74,491 209,192 2024 Population...
3 BUILDINGS 38,272 SF TOTAL
For more information, please contact:
FOR SALE
Visit us at: mncreadvisors.com©2020 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.
Cushman & Wakefield3500 American Blvd. W. Suite 200 Minneapolis, MN 55431cushmanwakefield.com
Tom SullivanExecutive Director+1 952 837 8657 [email protected]
Peter FoosheSenior Associate+1 952 820 8722 [email protected]
J.P. PerpichAssociate+1 952 837 8532 [email protected]
Bloomington Industrial BuildingsBloomington, MN
FOR SALE OR LEASEFOR SALE
Bloomington Industrial BuildingsBloomington, MN
BUILDING FEATURES
Address1401 97th Street WestBloomington, MN
9703 Humboldt Avenue SouthBloomington, MN
9721-9735 Humboldt Avenue SouthBloomington, MN
Building Size 3,940 square feet 4,000 square feet 30,332 square feet
Parcel Size 0.37 acres 0.37 acres 1.85 acres
Year Built 1959 1966 1960/1966
PID 16.027.24.13.0013 16.027.24.13.001416.027.24.13.0010 - 972116.027.24.13.0009 - 9735
Clear Height 13’ 13’ 13’ - 14’
Loading 5 Drive-ins 4 Drive-ins 18 Drive-ins
Zoning I-3 General Industrial I-3 General Industrial I-3 General Industrial
2020 Taxes $12,858.12 $11,271.58 $46,266.04
Individual Sale Price $575,000.00 $575,000.00 $2,750,000.00
• Unique opportunity to own efficient industrial buildings in Bloomington
• Flexible I-3 Zoning allows for an abundance of viable uses
• Superb access to I-35W, I-494, Minneapolis/St. Paul International Airport and retail amenities
• Great visibility to 98th Street with 16,400 to 29,500 vehicles per day
Offering Summary
SOLD AS A PORTFOLIO: $3,500,00016,400 - 29,500 vpd
FOR SALE OR LEASEFOR SALE
Bloomington Industrial BuildingsBloomington, MN
BUILDING FEATURES
Address1401 97th Street WestBloomington, MN
Building Size 3,940 square feet
Parcel Size 0.37 acres
Year Built 1959
PID 16.027.24.13.0013
Clear Height 13’
Loading 5 Drive-ins
Zoning I-3 General Industrial
2020 Taxes $12,858.12
Sale Price $575,000.00
1401 97TH STREET WEST
FOR SALE OR LEASEFOR SALE
Bloomington Industrial BuildingsBloomington, MN
BUILDING FEATURES
Address9703 Humboldt Avenue SouthBloomington, MN
Building Size 4,000 square feet
Parcel Size 0.37 acres
Year Built 1966
PID 16.027.24.13.0014
Clear Height 13’
Loading 4 Drive-ins
Zoning I-3 General Industrial
2020 Taxes $12,858.12
Sale Price $575,000.00
9703 HUMBOLDT AVENUE SOUTH
FOR SALE OR LEASEFOR SALE
Bloomington Industrial BuildingsBloomington, MN
BUILDING FEATURES
Address9721 & 9735 Humboldt Avenue SouthBloomington, MN
Building Size 30,332 square feet
Parcel Size 1.85 acres
Year Built 1960/1966
PID16.027.24.13.0010 - 972116.027.24.13.0009 - 9735
Clear Height 13’ - 14’
Loading 18 Drive-ins
Zoning I-3 General Industrial
2020 Taxes $46,266.04
Sale Price $2,750,000.00
9721 & 9735 HUMBOLDT AVENUE SOUTH
16,400 - 29,500 vpd
FOR SALE OR LEASEFOR SALE
Bloomington Industrial BuildingsBloomington, MN
FOR SALE OR LEASEFOR SALE
Bloomington Industrial BuildingsBloomington, MN
FOR SALE OR LEASEFOR SALE
Bloomington Industrial BuildingsBloomington, MN
Executive SummaryBloomington Industrial Portfolio-93.2983467029999 44.8271461890001 Rings: 1, 3, 5 mile radii
1 mile 3 miles 5 milesPopulation
2010 Population 9,299 70,349 195,0432019 Population 9,670 74,491 209,1922024 Population 9,896 76,906 216,6012010-2019 Annual Rate 0.42% 0.62% 0.76%2019-2024 Annual Rate 0.46% 0.64% 0.70%2019 Male Population 48.1% 48.8% 48.4%2019 Female Population 51.9% 51.2% 51.6%2019 Median Age 41.8 42.9 41.1
Currently, the U.S. median age is 38.5 years old.
Population by Employment2019 Civilian Population Base 5,195 41,300 116,229
2019 % Civilian Labor Force Employed 96.4% 96.6% 96.8%
2019 % Civilian Labor Force Unemployed 3.6% 3.4% 3.2%
Occupation Distribution2019 % White Collar Jobs 63.2% 65.1% 67.2%
2019 % Services Jobs 17.2% 18.1% 16.7%
2019 % Blue Collar Jobs 19.6% 16.8% 16.1%
Population by Education2019 Education Base - Population 25 + 7,159 54,973 151,521
Less than 9th Grade 3.5% 3.5% 3.5%
9th - 12th Grade, No Diploma 4.9% 4.1% 3.3%
High School Graduate 21.0% 18.6% 16.7%
GED/Alternative Credential 3.5% 2.4% 2.1%
Some College, No Degree 22.1% 20.5% 19.9%
Associate Degree 8.3% 9.9% 9.6%
Bachelor's Degree 26.7% 27.8% 29.5%
Graduate/Professional Degree 10.0% 13.1% 15.4%
Per Capita Income2019 Per Capita Income $33,345 $38,349 $41,4272024 Per Capita Income $38,812 $44,648 $47,644
2019-2024 Annual Rate 3.08% 3.09% 2.84%
Currently, the U.S. per capita income is $33,028. The per capita income is projected to be $36,530 in five years, for all U.S. households.
Households2010 Households 4,417 30,649 84,246
2019 Total Households 4,531 32,042 89,6682024 Total Households 4,616 32,937 92,619
2010-2019 Annual Rate 0.28% 0.48% 0.68%
2019-2024 Annual Rate 0.37% 0.55% 0.65%
2019 Average Household Size 2.09 2.30 2.31
Median Household Income2019 Median Household Income $56,223 $66,939 $72,1692024 Median Household Income $63,272 $77,837 $82,2382019-2024 Annual Rate 2.39% 3.06% 2.65%
Currently, the median household income is $60,548 for all U.S. households. Median household income is projected to be $69,180 in five years, for all U.S. households.
Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2019 and 2024
April 08, 2020Prepared By Cushman & Wakefield Click Me
©2019 Esri Latitude: 44.827146 Longitude: -93.298347 Page 1 of 2
Executive SummaryBloomington Industrial Portfolio-93.2983467029999 44.8271461890001 Rings: 1, 3, 5 mile radii
1 mile 3 miles 5 milesAverage Household Income
2019 Average Household Income $73,946 $89,223 $96,6892024 Average Household Income $86,463 $104,348 $111,473
2019-2024 Annual Rate 3.18% 3.18% 2.89%
Currently, the average household income is $87,398 for all U.S households. Average household income is projected to be $99,638 in five years, for all U.S. households
Households by Income2019 Household Income Base 4,531 32,042 89,668
<$15,000 436 2,073 5,086
$15,000-$24,999 388 2,209 6,010
$25,000-$34,999 437 2,565 7,246
$35,000-$49,999 680 4,416 11,547
$50,000-$74,999 962 6,302 16,277
$75,000-$99,999 602 4,740 13,359
$100,000-$149,999 613 5,250 15,348
$150,000-$199,999 270 2,564 7,772
$200,000+ 145 1,923 7,023
Housing
2010 Housing Units 4,656 32,198 89,609Owner Occupied Housing Units 43.2% 61.4% 62.5%
Renter Occupied Housing Units 51.7% 33.8% 31.5%
Vacant Housing Units 5.1% 4.8% 6.0%
2019 Housing Units 4,802 33,572 94,834Owner Occupied Housing Units 43.3% 60.2% 60.7%
Renter Occupied Housing Units 51.1% 35.3% 33.8%
Vacant Housing Units 5.6% 4.6% 5.4%
2024 Housing Units 4,887 34,397 97,713Owner Occupied Housing Units 43.7% 60.4% 60.7%
Renter Occupied Housing Units 50.8% 35.4% 34.0%
Vacant Housing Units 5.5% 4.2% 5.2%
Currently, in the U.S., 56.4% of the housing units are owner occupied; 32.4% are renter occupied; and 11.2% are vacant.
Daytime PopulationTotal Employees 15,555 66,578 190,754
Total Businesses 770 3,343 10,416
Total Residential Population 9,670 74,491 209,192
Employee/Residential Population Ratio 161 89 91
Top Tapestry Segments1 mile 3 miles 5 miles
Bright Young Professionals (8C)In Style (5B)Front Porches (8E)Social Security Set (9F)Parks and Rec (5C)
19.4%19.1%
14.8%
13.6%
12.3%
Parks and Rec (5C)In Style (5B)Comfortable Empty Nesters (5A)Old and Newcomers (8F)Retirement Communities (9E)
22.9%12.9%
12.4%12.2%
8.9%
Parks and Rec (5C)In Style (5B)Bright Young Professionals (8C)Old and Newcomers (8F)Retirement Communities (9E)
15.1%12.7%
11.3%8.3%
7.8%
More information about tapestry descriptions can be found here
Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2019 and 2024
April 08, 2020Prepared By Cushman & Wakefield Click Me
©2019 Esri Latitude: 44.827146 Longitude: -93.298347 Page 2 of 2
Demographics
