This property is Off-Market

7807-7808 Creekridge Circle
Bloomington, MN 55439 ·

81,835 SF · Office For Sale

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Creekridge I & II Office Buildings

Price N/A No. Stories 3
Building Size 81,835 SF Building Class B
Property Type Office Tenancy Multiple
Property Sub-type Office Building Year Built 1984
Property Use Type Investment Lot Size 4.82 AC
Cap Rate 8.01% Parking Ratio 3.90 / 1,000 SF
Occupancy 93%
Listing ID: 14346925 Date Created: 09/26/2005 Last Updated: 12/07/2005

Description

The Property consists of two three-story buildings. Creekridge I is 100% occupied by Welsh Companies while Creekridge II is 83% occupied and is a multi-tenant building. Year one pro forma NOI = $997,650. The Property has abundant underground parking and is offered debt free.

Located on the highly desirable I-494 strip in west Bllomington. The Property enjoys tremendous exposure to the primary east-west cooridor in the Minneapolis/St. Paul market and is situated in a heavily wooded enclave providing stellar office views.

Highlights

  • Superior Location: Prime I-494 location
  • Debt Free
  • 92% occupied
  • Low Historical Vacancy/Consistent performance
  • Strong Property Attributes

Research

7807-7808 Creekridge Circle, Bloomington, MN 55439 (Hennepin County)

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