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Colliers

Colliers

Colliers

Colliers

Colliers
Property Details
- Property Type Industrial - Warehouse/Distribution
- Property Size 27,336 SF
- Lot Size 1.99 SF
- Year Built 1955
- Date Updated Jul 2, 2025
Colliers is pleased to present for sale this fully leased, single tenant, net-leased industrial investment opportunity located in Maple Lake, Minnesota.
Foam Fabricators of Minnesota, with its’ parent company being American Converters Inc., has occupied this facility for more than 45 years.
American Converters Inc. recently extended their lease for an additional 7-years, proving this facility is mission-critical to their operations.
Highlights:
- Front Office Roof is Being Fully Replaced
- 7-Year Lease Extension Just Signed
- 3% Annual Rent Increases
- 50:1 Tenant Revenue to Rent Ratio
- Priced Below $55/SF
- Significantly Below Market Rent of $4.34/SF NNN
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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Bike Score ®
Location
- City Maple Lake, MN
- Neighborhood Silver Creek
- Zip Code 55358
- Market Minneapolis St Paul
Points of Interest
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Petro
7.49 miles
-
Tesla Supercharger
7.51 miles
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Kwik Trip
7.52 miles
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Shell
7.63 miles
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Holiday
7.64 miles
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Speedway
7.71 miles
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Casey's General Store
7.84 miles
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Marathon
9.19 miles
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JD’s Stop & Wash Car Wash
7.71 miles
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Enterprise
8.93 miles
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Due North Car Wash
9.07 miles
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U-Save Car & Truck Rental
9.26 miles
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Airborn Tavern
7.25 miles
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Clearwater Travel Plaza
7.55 miles
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Taco Gringo
7.56 miles
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DQ Grill & Chill
7.57 miles
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The Kettle2
7.57 miles
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Godfather's Pizza
7.61 miles
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Subway
7.61 miles
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Domino's
7.61 miles
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Burger King
7.69 miles
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McDonald's
7.70 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.