5905 Nathan Lane is a modern 220,850 square foot medical manufacturing building located in Plymouth Minnesota. Conveniently located in Bass Creek Business Park just west of Highway 169 on Bass Lake Road, this location provides quick and easy access to Interstate Highways 694, 494 and 394. The Park is home to many companies including Select Comfort, Polaris, Stanley, Twin Cities Fan, and Hutchinson Technology. Plymouth Minnesota is located just 12 miles northwest of downtown Minneapolis in the Northwest quadrant of the Twin Cities. It is a highly ranked, desirable suburb with an educated work force and many amenities for residents and workers.
The building was constructed in 1989 by Opus as an office manufacturing building for Schneider USA and is currently owned and occupied by Boston Scientific. In its current use as a medical devise manufacturing facility the building has very sophisticated mechanical systems to support its ISO Class 8 (100,000) clean rooms as well as 6000 amps of 480/277 volt 3 phase power.
With 23 feet six inches clear height in the warehouse manufacturing area, ample truck docks and abundant parking the building is suitable for a variety of office, manufacturing or ware-house uses. The building is currently served with 942 parking spaces or a ratio of over 4 per 1,000 square feet. The site consists of 25.18 acres which allows for substantial building or parking expansion. Preliminary studies indicate that the building could be expanded by approximately 114,000 square feet while still maintaining the existing parking stalls. A second option allows for a building expansion for approximately 34,000 square feet as well as the construction of a second free standing building of approximately 120,000 square feet.
5905 Nathan Lane offers a unique opportunity for an owner user to acquire a modern medical manufacturing facility at a cost well below replacement cost. With its excess land and expansion capabilities, this property presents an investor with an excellent value add proposition. In the current tight twin cities industrial market this property offers a unique opportunity for either an owner user or investor to acquire a modern, flexible, expandable building inside the interstate belt line at a cost less than replacement cost.