HomeMy WebLinkAbout6B Potential Incubator LocationPRIO 1
AGENDA ITEM: POTENTIAL INCUBATOR LOCATION
DISCUSSION: The EDA has identified the establishment of a successful business incubator as
one of its top priorities. One of the sites discussed is the former Wensmann
light store at 4385 Fountain Hills Drive. This is a 35,749 square foot building
located south of CR 42 at Pike Lake Trail (see attached real estate information
sheet).
Thomas Dunsmore, who is the broker of this property, has agreed to be present
at the EDA meeting. He has two bids on the property and believes that the new
owner will be determined by the date of the EDA meeting. If it is, the new owner
will be asked to attend.
The purpose of this agenda item is to brainstorm how the EDA and its members
could work together with the new owner to establish a business incubator in a
way which would be win -win for both parties.
Cassidy Turley - 4385 Fountain Hills Dr, Office Building, 4385 Fount... http:// Iooplink. cassidyturley. com/ xNet/ Looplink/Profile /PrintProfile....
Cassidy
Turle commercial
y Real Estate services
Thomas Dunsmore — (612) 341 -4444
Office Property For Sale
4385 Fountain Hills Dr
4385 Fountain Hills Dr, Prior Lake, MN 55372
Map of 4385 Fountain Hills Dr, Prior Lake, MN 55372
Price:
Building Size:
Price/SF:
Property Type:
Property Sub -type:
Additional Sub -types
Property Use Type:
No. Stories:
Tenancy:
Year Built:
Lot Size:
Tax ID / APN #:
Zoning Description
Last Verified 5/5/2011
Listing ID 16901130
$1,395,000
35,749 SF
$39.02
Office
Office Building
Warehouse
Retail (Other)
Investment
2
Multiple
2000
3.59 AC
25- 363003 -0
C -2 General Business
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