Industrial Properties in Brooklyn Park, Minnesota, offer a unique investment opportunity for those looking to capitalize on the city's growing economy. With a diverse range of industries, including healthcare, education, manufacturing, and retail, Brooklyn Park is an attractive location for businesses and investors alike. Industrial Properties in Brooklyn Park can represent a variety of investments, from warehouses and distribution centers to manufacturing facilities and research and development spaces. The city's extensive park system, including 67 parks and 47 miles of trails, and its proximity to major transportation routes, such as Interstates 94 and 694, make it an ideal location for businesses that require easy access to transportation infrastructure. Additionally, Brooklyn Park is home to several major employers, including Medtronic and Target Corporation, which contribute to the city's strong economy. The city's educational institutions, such as Rasmussen University and North Hennepin Community College, also provide a skilled workforce for businesses to draw from. With its unique blend of natural beauty, economic opportunity, and cultural attractions, Brooklyn Park is a great place for business and travel.
Currently, there are 8 Industrial Properties for sale in Brooklyn Park, offering a range of options for investors. The average price per square foot for Industrial Properties in Brooklyn Park is $115 USD, with an average size of 63,492 square feet. The largest Industrial Property available is 181,436 square feet. In addition to Industrial Properties, Brooklyn Park also offers a range of other property types, including Warehouses, which can be used for storage and distribution, Land, which can be developed for a variety of uses, Apartment Buildings, which offer a steady stream of rental income, and Commercial Real Estate, which can be used for office or retail space. With its diverse economy and range of property types, Brooklyn Park is an attractive location for investors looking to diversify their portfolios. The city's unique blend of natural beauty, economic opportunity, and cultural attractions make it an ideal location for businesses and investors alike.
What is the average price per square foot for industrial properties in Brooklyn Park?
The average price per square foot for industrial properties in Brooklyn Park is $115 USD.
How do location and transportation access affect industrial property values?
Location and transportation access significantly impact industrial property values in Brooklyn Park, as proximity to major highways, interstates, and transportation facilities can increase property values and attract businesses, particularly in the healthcare, education, manufacturing, and retail sectors.
- Industrial properties near Interstates 94 and 694, U.S. Route 169, State Highway 252, and State Highway 610 tend to have higher values due to easy access to major transportation routes, facilitating the movement of goods and services.
- Properties with close proximity to County Road 81, a major route in the city, may also command higher prices, as this road provides convenient access to various parts of Brooklyn Park and surrounding areas.
- Furthermore, industrial properties situated near educational institutions, such as Rasmussen University, North Hennepin Community College, and Hennepin Technical College, may benefit from a skilled workforce and attract businesses that value access to a talented labor pool.
