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2800 Mount Ridge Rd
Roseville, MN 55113
Cibus · Office Property For Sale

Investment Highlights

  • Absolute NNN Lease - Zero Landlord Responsibilities
  • State-of-the-Art Facility in place I/O at 3.61% through 2029
  • 5 Minutes to Downtown Minneapolis, 8 Minutes to Downtown St. Paul
  • Corporate Guarantee – Cellectis S.A. (NASDAQ: CLLS)
  • 2018 Class-A Construction on 11-Acre Corporate Campus Located Within 280-Acre Master-Planned Mixed-Use Redevelopment
  • Strong 5-Mile Demographics – 285,584 Residents and 238,011 Daytime Employees

Executive Summary

The Kase Group is pleased to present a rare opportunity to acquire a state-of-the-art facility in Roseville, Minnesota. The property is secured by an 11+ year absolute NNN lease, offering zero landlord responsibilities and long-term stability. The lease is corporately guaranteed by Cyellectis S.A., a publicly traded French pharmaceutical company (NASDAQ: CLLS), and features 7.5% rent increases every five years, along with four additional five-year renewal options.
Completed in 2018, the property is a Class A facility situated on an 11-acre corporate campus. It includes advanced laboratory and research space, a test kitchen, greenhouse, and outdoor demonstration plots, making it a mission-critical location for Cibus, a leader in precision gene editing for agriculture. The property is conveniently located just five minutes from Downtown Minneapolis and eight minutes from Downtown St. Paul, with immediate access to I-35W, which carries more than 139,000 vehicles per day.
The property is part of a 280-acre master-planned redevelopment featuring high-density residential, Class A office and industrial space, retail, and hospitality. It is supported by strong demographics, including more than 285,000 residents within a five-mile radius and a daytime population of over 238,000 employees. Average household income exceeds $99,000 within one mile. Nearby, Rosedale Center attracts more than 14 million visitors annually following a $100 million renovation. The area also offers a wide variety of restaurants, hotels, entertainment options, and outdoor recreation at Langton Park.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
44,454 SF
Building Class
B
Year Built
2018
Price
$25,325,999 CAD
Price Per SF
$569.71 CAD
Cap Rate
8.22%
NOI
$2,081,797 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
22,272 SF
Building FAR
0.10
Lot Size
10.73 AC
Zoning
C - Commercial
Parking
93 Spaces (2.09 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 04-29-23-32-0014
  • 04-29-23-32-0015
Land Assessment
$6,411,960 CAD
Improvements Assessment
$6,070,213 CAD
Total Assessment
$12,482,172 CAD
  • Listing ID: 41156449

  • Date on Market: 2026-07-03

  • Last Updated:

  • Address: 2800 Mount Ridge Rd, Roseville, MN 55113

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