7807-7808 Creekridge Circle
Bloomington, MN 55439 ·
81,835 SF · Office For Sale
Creekridge I & II Office Buildings
|Building Size||81,835 SF||Building Class||B|
|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|
|Listing ID: 14346925||Date Created: 09/26/2005||Last Updated: 12/07/2005|
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.
- Superior Location: Prime I-494 location
- Debt Free
- 92% occupied
- Low Historical Vacancy/Consistent performance
- Strong Property Attributes
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