Honeywell/Bayer Healthcare Building 

8840 -8880 Evergreen Boulevard          
Coon Rapids, Minnesota

Quick Facts:

  • Year Built: 1986; 1991-77,000 SF addition 
  • Year Acquired: 2013
  • Year Sold: 2015
  • IRR at Time of Sale: 75%
  • Square Feet: 261,805 total

8840 Evergreen Boulevard is a fully-leased, multi-tenant, industrial flex/R&D facility located in the Minneapolis Northeast Industrial submarket.

This location offers ample parking with an overall building ratio of 4.23 spaces per 1,000 square feet. The quality construction and high office finish, coupled with the strong northeast industrial submarket location (over 33 million square feet), has allowed this property to achieve 100% occupancy since construction was completed in 1986.