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Golden Valley Corporate Center 1710 Douglas Dr N 56,697 SF 87% Leased Flex Building Golden Valley, MN 55422 $4,990,000 ($88.01/SF)

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Investment Highlights

  • Outstanding location on Douglas Drive in Golden Valley, just off the Duluth exit on 100
  • Space for a user to buy and occupy, or considerable value add opportunity for an investor
  • Tenants appreciate the simplicity of the gross leases. Operates like an apartment building with extremely low-to-no releasing costs
  • Stable NOI from a core group of tenants. Many or mtm but have long term tenancy.
  • Mixed space types including 7 drive in bays/shop space, traditional office spaces and executive office suites

Executive Summary

Extremely well-located commercial building with warehouse/shop space. All whse space is Month to Month and can accommodate an owner-user. 2024 NOI was over $410,000. Many tenants have been there for years, but most tenants are on month to month leases ensuring flexibility for a user or developer to take advantage of a premier location in the Twin Cities. Building has been renovated throughout ownership and expanded in the 1980s.

Property Facts

Price $4,990,000
Price Per SF $88.01
Sale Type Investment or Owner User
Property Type
Flex
  • Flex Light Manufacturing
  • Flex Showroom
  • Industrial Warehouse
Building Class B
Lot Size 4.17 AC
Rentable Building Area 56,697 SF
No. Stories 2
Year Built/Renovated 1965/1980
Parking Ratio 3.53/1,000 SF
Zoning Business and Professional

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Allied Electrical And Industrial Supply
  • -
  • -
  • -
  • -
  • -
  • Beacon Financial Acquisition Corporation
  • Finance and Insurance
  • -
  • -
  • -
  • -

Beacon Financial Acquisition Corp., is a leading provider of innovative financing services to the commercial equipment marketplace. Headquartered in a Minneapolis Minnesota suburb, we can provide financing for transactions ranging in size from $2000 to $20,000,000. Our business philosophy is simple - We work together with you, to provide your customers with customized financing options proven to help you generate and close more sales. We offer the choice of traditional financing plans, 100% financing plans with no down payments, or even leasing plans with flexible options to provide your customers with potential tax savings. Our staff of financial professionals understands your business needs. Your goal is to make money, ours is to help you do so. A funding partner that is easy to work with, flexible and responsive to fast moving demands placed upon your business.

  • BMM
  • -
  • -
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

CCI Surety, Inc. is a Managing General Underwriter licensed as an insurance agency under the laws of the State of Minnesota specializing only in the surety bond industry. Organized in 1999, the original purpose of this corporation was to provide working capital loans to contractors in conjunction with North American Construction Services, Inc., a nationwide contract surety fund control/escrow company. In the year 2000, the financing activities of CCI were transferred to Beacon Financial Acquisition Corporation, an affiliated company engaged in equipment leasing, sale-leaseback, working capital, and investment activities. CCI Surety, Inc. has changed its emphasis to working with insurance companies and their agents in all 50 states, primarily in the field of Specialty Bonding. Many past events in the Surety Bond Industry, ranging from the collapse of major Surety companies to the restraint of capacity, have created a need for our service and expertise.

  • Community Vision Dev Program LLC
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

Goosehead Insurance is an independent insurance agency that operates under a franchise model, providing clients with access to a wide range of personal insurance products. The Royal Oak, Michigan office, located at 4338 Delemere Boulevard, Suite B, serves as a local branch within the national Goosehead network. The agency offers coverage options including home, auto, and other personal lines, leveraging partnerships with multiple carriers to deliver tailored solutions. Goosehead Insurance emphasizes a client-focused approach, using advanced technology and a service-oriented model to simplify the insurance process. The company is publicly traded under the ticker symbol NASDAQ: GSHD and has grown significantly since its founding in 2003, expanding its presence through a combination of corporate and franchise locations across the United States.

  • Life's Door Mediation
  • -
  • -
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

North American Construction Services Inc. is a National provider of Fund control and Escrow services to Contractors. Our ties to Beacon Financial and Contruction Capital can assist you in finding additional funding and bonds. CCI is a licenced Bonding agency and Beacon is an equipment leasing company. With their assistance, we can complete the necessary financial arrangement needed to get your project on track, on time, and completed!

  • Thrive Youth Services, LLC
  • -
  • -
  • -
  • Full Service
  • -
  • Services
  • -
  • -
  • -
  • -

The mission of VBS is to train and support volunteer braille transcribers, improving the accuracy and effectiveness of their braille transcriptions through continuing education, and to provide transcribed materials for braille readers. Volunteer Braille Services was incorporated in 1968 for the purpose of training sighted volunteers to transcribe print into braille. We are a chartered non-profit 501c3 organization in the state of Minnesota. Training is offered to sighted persons wishing to become certified Braille transcribers. The training is held once a year, in our offices, beginning in September. The average length of time for the class is 6 months, meeting one evening a week for 2-1/2 hours. The class is tuition free, and all materials and equipment are provided. We maintain Very Bumpy Stories, a print/Braille and bound volume library for visually impaired children and young adults. The catalog for the library lists 683 bound volumes, and 643 print/Braille books.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Allied Electrical And Industrial Supply - - - - -
Beacon Financial Acquisition Corporation Finance and Insurance - - - -
BMM - - - - -
Finance and Insurance - - - -
Community Vision Dev Program LLC Health Care and Social Assistance - - - -
Finance and Insurance - - - -
Life's Door Mediation - - - - -
Finance and Insurance - - - -
Thrive Youth Services, LLC - - - Full Service -
Services - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 111
  • 3,750 SF
  • Office
  • Shell Space
  • Now
  • 2nd Fl-Ste 210
  • 358 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 252
  • 534 SF
  • Office
  • Partial Build-Out
  • Now

Available month-month

  • 2nd Fl-Ste 260
  • 500-2,600 SF
  • Office
  • Full Build-Out
  • Now

3 offices on the widows.

Space Size Space Use Condition Available
1st Fl-Ste 111 3,750 SF Office Shell Space Now
2nd Fl-Ste 210 358 SF Office Full Build-Out Now
2nd Fl-Ste 252 534 SF Office Partial Build-Out Now
2nd Fl-Ste 260 500-2,600 SF Office Full Build-Out Now

1st Fl-Ste 111

Size
3,750 SF
Space Use
Office
Condition
Shell Space
Available
Now

2nd Fl-Ste 210

Size
358 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 252

Size
534 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 260

Size
500-2,600 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 252

Size 534 SF
Space Use Office
Condition Partial Build-Out
Available Now

Available month-month

2nd Fl-Ste 260

Size 500-2,600 SF
Space Use Office
Condition Full Build-Out
Available Now

3 offices on the widows.

Property Taxes

Property Taxes

Parcel Number
28-118-21-32-0077
Land Assessment
$1,594,000
Improvements Assessment
$2,538,000
Total Assessment
$4,132,000
  • Listing ID: 36089418

  • Date on Market: 6/3/2025

  • Last Updated:

  • Address: 1710 Douglas Dr N, Golden Valley, MN 55422

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