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Demographic Information (5-mile radius)
51,584
55,309
$190,507

Abetech & Stereotaxis

Abetech & Stereotaxis 12560 Fletcher Lane, Rogers, MN
$6,542,830
  • Type: Industrial, Medical, Office
  • Availability: Available
  • Tenancy: Multi Tenant
  • Cap Rate: 7.50%
  • NOI: $490,711.98

Property Highlights

  • 100% Leased: Fully leased to established technology-focused tenants AbeTech and Stereotaxis.
  • New 7-Year AbeTech Lease: AbeTech is signing a new seven-year lease, providing long-term occupancy and income stability. AbeTech is a systems integrator providing barcode, RFID, inventory-management, and industrial-automation solutions that help manufacturing, warehousing, and distribution customers improve operational efficiency.
  • Publicly Traded Tenant: Stereotaxis, Inc. (NYSE American: STXS) is a publicly traded medical technology company specializing in robotic technologies for cardiac procedures.
  • Strong Demographics: $236,840 average 1-mile household income and 51,584 population within 5 miles.
  • Strategic I-94 Location: Located in Rogers, MN, approximately 25 miles northwest of Minneapolis, with immediate access to I-94 and Highway 101.
  • Established Industrial Corridor: Surrounded by industrial, distribution, commercial, and employment uses within one of the northwest metro's growing business centers.
  • Functional Warehouse Space: 21' clear height and five dock-high loading docks support a variety of warehouse and operational uses.
  • Deep Regional Workforce: Rogers has over 11,000 local jobs, with employment forecast to grow to 14,800 by 2040. Its position at I-94 and Highway 101 gives employers access to a labor pool drawn from across the northwest metro.

Property Summary

ROGERS, MINNESOTA | Growing Northwest Twin Cities Business & Industrial Hub AbeTech and Access Point Technologies are located in Rogers, Minnesota, a growing northwest Twin Cities community that has evolved into an important business, employment, and industrial center. Strategically positioned along Interstate 94 and Highway 101, Rogers provides convenient access to Minneapolis, St. Cloud, and communities throughout the northwest Twin Cities metropolitan area.

Contact

Keith A. Sturm, CCIM
612.376.4488
[email protected]

Amanda Leathers
612-436-0045
[email protected]

Deborah Vannelli, CCIM
612.376.4475
[email protected]