7807 Creekridge Cir - Office FOR SALE


Bloomington, MN 55439- Bloomington West
$9,444,444 USD
612-413-4200
7807 Creekridge Cir, Bloomington, MN for Sale
$9,444,444 USD
Office - FOR SALE
1/8
null | 9% Cap Rate

7807 Creekridge Cir
Bloomington, MN 55439
Bloomington West


OVERVIEW

Absolute NNN Master Lease - This property features an absolute NNN lease with zero landlord responsibilities, a fresh 7-year lease (executed at closing), and annual rent bumps. Office Golf comprises most of the footprint - additional subtenants include a golf academy and a variety of other small creative office spaces. Upgraded Building - The building was transformed in 2023 with extensive amenities and improvements. The property is anchored by a year-round golf-entertainment-event venue; led by a top-tier team of golf professionals. Experience the unique experience that Minnesota has truly welcomed and supported. Other features include a large conference room, executive professional suites, an on-site restaurant, three different bars, a 3-story atrium, & underground parking. Evolving Office Market - The shift toward smaller, more flexible office spaces with added amenities continues to shape tenant preferences. This property aligns well with current market trends, offering a right-sized footprint, an easily accessible location, ample on-site parking, and proximity to numerous amenities, making it an attractive option for a variety of tenants. Premier Location with Exceptional Visibility - Situated just off Interstate 494, this property enjoys high visibility from one of the Twin Cities' busiest thoroughfares. Positioned in a highly populated area with nearly 900,000 residents within a 10-mile radius, it offers strong market demographics and sits near vibrant retail hubs along the I-494 corridor. Well-Connected and Accessible - The property is minutes from key highways including highways 100, 169, and I-494., ensuring quick access to downtown Minneapolis, the greater metro area, and beyond. The property is also conveniently located just 10 minutes from the Minneapolis-St. Paul International Airport (MSP). Numerous Amenities Nearby - The property is within a short distance of shopping centers, hotels, restaurants, and entertainment venues, including the world-renowned Mall of America. The surrounding area supports a wide range of business needs, from dining and lodging to retail and recreation.

FOR SALE DETAILS

PRICE

$9,444,444 USD

PRICE/SF

$223 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Office Golf

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

164

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

FD-2

APN/PARCEL ID

17-116-21-21-0006

ASK ABOUT THIS PROPERTY

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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Brian BriskyBrisky Net LeaseMore Info
612-413-4200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.