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⭐ Featured Property · Faribault, Minnesota

Faribault
Industrial

2800 1st Avenue NW — From Vacant to Thriving

6–10×
Value Increase
Govt Backed
10-Yr Lease
0% → 100%
Occupancy
Faribault Industrial2800 1st Ave NW · Faribault MN 55021CEG Property Repositioning100% Vacant → 100% FullValue Increased FourfoldCity of Faribault Is Happy Faribault Industrial2800 1st Ave NW · Faribault MN 55021CEG Property Repositioning100% Vacant → 100% FullValue Increased FourfoldCity of Faribault Is Happy
Faribault Industrial — After
2800 1st Avenue NW · Faribault, MN 55021 Repositioned · Marketable · Leased

100% Vacant. 100% Potential.

When Black Seven Capital acquired this Faribault industrial property, it was completely vacant — a building that needed everything. New roof, new lighting, deteriorating exterior, overgrown grounds, and a rear lot that looked like a scrapyard. Most investors would have walked away.

We saw what it could become. Through a complete CEG Property Repositioning — exterior, mechanical, grounds, parking, and active leasing — we transformed a forgotten building into a thriving, fully-leased multi-tenant industrial asset.

"Revitalized 100% vacant building into 100% full. City of Faribault is happy."

Before & After

Every angle tells the story. Here's what we started with — and what we delivered.

Before — original front
Before · Original Front · Beige Vinyl Siding
After — new front
After · New Siding · New Roof · Restriped
Before — debris and junk
Before · Rear Lot · Debris & Junk
After — new rear parking wide
After · New Rear Parking · Regraded & Restriped
Before — rear in snow
After · New Rear Parking · Fully Restriped
After — new side parking and fence
After · Aerial View · 100% Repositioned
Before — rear debris
Before · Rear Lot · Debris & Lumber Storage
After — new rear parking angle
After · New Rear Parking · Curb & Electric Gate
Aerial — finished property
✓ Repositioned Property · Fully Leased · City of Faribault Is Happy

The Full Scope of Work

Exterior
  • All new lighting & roof
  • Original vinyl siding removed
  • Hardy board installed throughout
  • Lower block painted
  • Front & back sides refreshed
Parking & Grounds
  • Parking lot milled, repaired & restriped
  • New rear parking regraded & restriped
  • New curb, gutter & electric gate
  • Sidewalk connecting front & back lots
  • Removed lumber storage walls & debris
Mechanical
  • 100% new HVAC installed
  • All new interior lighting
  • Systems brought to current code
Leasing
  • 100% vacant at acquisition
  • Active CEG leasing campaign
  • 1,000 – 15,000 SF suites offered
  • Achieved 100% occupancy
  • Value increased fourfold
6–10×
Value Increase
100%
Occupancy
Govt
Anchor Tenant · 10-Yr Lease
City Is Happy