Cibus

Roseville is a vibrant suburb in the Twin Cities metropolitan area, located about 10 miles north of Minneapolis and 6 miles from St. Paul. With a population of around 35,000, it offers a family-friendly atmosphere, excellent schools, and a variety of parks and recreational spaces. Central Park is a popular spot, featuring sports fields, walking trails, and a dog park, while the Roseville Skating Center provides indoor ice rinks for recreational skating and hockey. The city is home to the large Rosedale Center, which offers shopping, dining, and entertainment options. Roseville is conveniently located near major highways like I-35W and I-694, providing easy access to Minneapolis and St. Paul. The city hosts numerous community events throughout the year, fostering a strong sense of connection among residents. With a strong local economy and easy access to the Twin Cities, Roseville offers a balanced mix of suburban living with urban amenities.The Kase Group is pleased to present a rare opportunity to acquire a mission-critical, state-of-the-art facility located in Roseville, Minnesota. The property is secured by a 20-year Absolute NNN Bond Lease, offering zero landlord responsibilities and long-term peace of mind. The lease is corporately guaranteed by Cellectis S.A., a publicly traded French pharmaceutical firm (NASDAQ: CLLS), and includes 7.5% rental escalations every five years along with four (4) additional five-year renewal options. Delivered in 2018, the asset is a premier Class-A construction situated on an expansive 11-acre corporate campus. It features cutting-edge lab and research facilities, a test kitchen, greenhouse, and outdoor demonstration plots, making it essential to the operations of the current tenant, Cibus, a leader in precision gene editing for agriculture. The location offers excellent accessibility, just five minutes from Downtown Minneapolis and eight minutes from Downtown St. Paul, with immediate access to I-35W, which sees over 139,000 vehicles per day. The property sits within a 280-acre master-planned redevelopment that blends high-density residential, Class-A office and industrial space, retail, and hospitality. It benefits from strong surrounding demographics, including 284,204 residents in the primary trade area and 285,584 residents within five miles, along with a daytime workforce of 238,011 employees in the same radius. Average household income exceeds $99,000 within one mile. Nearby is Rosedale Center, a major regional shopping destination with more than 14 million annual visitors, recently enhanced by a $100 million renovation. The area also offers vibrant lifestyle amenities, including restaurants, hotels, entertainment venues, and outdoor recreation at Langton Park.