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88 NE 11th Ave
Minneapolis, MN 55413
Graco Technical Center · Flex Property For Sale
Investment Highlights
- The site features the most centralized infill location in the Twin Cities area
- Existing buildings are ready to support a variety of tenants or owner-users
- Ideal for forward-looking investors and developers, the site offers significant upside for repositioning, densification, or integration
- At almost 40 acres, the property stands out as one of the largest contiguous urban land offerings in the Twin Cities
- With multiple buildings and parceling options, the site can accommodate single-user campuses, multitenant layouts, or redevelopment into mixed-use
Executive Summary
The Graco Minneapolis riverfront campus represents one of the most significant urban industrial redevelopment opportunities in the Twin Cities. This nearly 40-acre site
with approximately 670,000 SF of existing facilities will become available in mid-2027 when Graco completes its consolidation to northwest metro locations.
The property is zoned for industrial use so the Graco site would be a natural fit for another manufacturing employer. The City of Minneapolis is also open to rezoning for a mixed use redevelopment of all or a portion of the site.
THE TIMELINE
2025-2026: Marketing and stakeholder engagement
End 2026: Manufacturing operations vacated
Mid-2027: Headquarters relocation complete, full site available
with approximately 670,000 SF of existing facilities will become available in mid-2027 when Graco completes its consolidation to northwest metro locations.
The property is zoned for industrial use so the Graco site would be a natural fit for another manufacturing employer. The City of Minneapolis is also open to rezoning for a mixed use redevelopment of all or a portion of the site.
THE TIMELINE
2025-2026: Marketing and stakeholder engagement
End 2026: Manufacturing operations vacated
Mid-2027: Headquarters relocation complete, full site available
Property Facts
| Sale Type | Owner User | No. Stories | 2 |
| Sale Condition | Redevelopment Project | Year Built | 1974 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Manufacturing | Parking Ratio | 0.72/1,000 SF |
| Building Class | B | Clear Ceiling Height | 21’ |
| Lot Size | 2.52 AC | Cross Streets | NE 11th Ave |
| Rentable Building Area | 140,930 SF | ||
| Zoning | PR2 - Production and Processing | ||
| Sale Type | Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Lot Size | 2.52 AC |
| Rentable Building Area | 140,930 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Tenancy | Single |
| Parking Ratio | 0.72/1,000 SF |
| Clear Ceiling Height | 21’ |
| Cross Streets | NE 11th Ave |
| Zoning | PR2 - Production and Processing |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,239,404 CAD | |
| Land Assessment | $1,851,054 CAD | Total Assessment | $4,090,458 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,851,054 CAD
Improvements Assessment
$2,239,404 CAD
Total Assessment
$4,090,458 CAD
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