Minneapolis, MN Medical Office Commercial Real Estate
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8053 East Bloomington Freeway
8053 E Bloomington Fwy
Minneapolis, MN
Great office condo in Bloomington, MN for sale. The building has easy access to 494 & 35W. Class A image. 1st-floor corner space. Water & breakroom. 86 parking stalls. Time Warner Cable or Quest DSL. Come see Suite 100 at 8053 E Bloomington Fwy in Bloomington, MN & Crossroads Business Center!
$1 -
$3,321
$3,321
1 SF -
2,847 SF
2,847 SF
Robbinsdale Town Center
4080 W Broadway Ave
Minneapolis, MN
UNDER CONTRACT
VALUE ADD OPPORTUNITY
Property NOI will grow by $75,733 after the first year (9.2% Year 2 cap rate on asking price) with additional value add due to below-market rents and 10% vacancy.
BELOW REPLACEMENT COST INVESTMENT
Pricing at $99 PSF, an infill location and underground parking, offers a very low basis with high going-in yields in an up and coming submarket.
FRONTAGE ALONG BOTH BOTTINEAU & BROADWAY
Only property in Downtown Robbinsdale with frontage along both Bottineauand Broadway (Main Street). Rare opportunity to own a large central site of 3.9 acres (two thirds of an entired city block) in a rapidly growing suburban downtown only minutes from Minneapolis.
OPPORTUNITY ZONE
Located in an Opportunity Zone as part of the Federal Tax Incentive Program, allowing investors to defer capital gains and reduce tax payments for qualified investments going into these communities, creating higher post-tax returns for long term value-add buyers.
FUTURE LIGHT RAIL LOCATION
Bottineau Line (Blue Line Extension) is planned to pass just one block behind the property, connecting downtown Minneapolis to Robbinsdale and other northwest suburbs. Expected to open 2024.
NEW DEVELOPMENT
Downtown Robbinsdale is transforming with new development:
• Hy-Vee Grocery Store (2018)
• Birdtown Flats 152-Unit Market Rate Apartment (2019)
• 36th & France 197-Unit Market Rate Apartment (2020)
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6601 Lyndale Avenue South
6601 Lyndale Ave S
Minneapolis, MN
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7500 France Avenue South
7500 France Ave S
Parklawn, Minneapolis, MN
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6525 France Avenue South
6525 France Ave S
Southdale, Minneapolis, MN
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Amsden Ridge
9350 Ensign Ave S
Minneapolis, MN
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3400 West 66th Street
3400 W 66th St
Southdale, Minneapolis, MN
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15600 36th Avenue North
15600 36th Ave N
Minneapolis, MN
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2855 Campus Drive
2855 Campus Dr
Minneapolis, MN
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Wausau Building
7450 France Ave S
Parklawn, Minneapolis, MN
IMPORTANT - Building in review for accurate information & verification of RE firm.
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129 Plymouth Avenue North
North Loop, Minneapolis, MN
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Market Stats
Minneapolis has 1,521 commercial real estate spaces for lease, representing 20,459,421 sqft space.
209 buildings are available for sale.
In the past 30 days, Minneapolis has had 162 spaces leased and 3 new spaces come on market.
Neighborhoods in Minneapolis, MN
Metropolitan areas near Minneapolis, MN
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