Log In/Sign Up
Your email has been sent.
Golden Valley Corporate Center 1710 Douglas Dr N 56,027 SF 81% Leased Flex Building Golden Valley, MN 55422 $4,950,000 ($88.35/SF) 8.36% Cap Rate
Investment Highlights
- Outstanding location on Douglas Drive in Golden Valley, MN just off the Duluth exit on Highway 100 in the 394 Office submarket
- Simplicity of gross leases and operates like an apartment building with extremely low-to-no releasing costs
- MTM leases ensure flexibility for a user or developer to take advantage of a premier location in the Twin Cities
- Quality space for a user to buy and occupy, or considerable value-add opportunity for an investor • 4.17 acre site size currently zoned O/Office
- Currently 87% leased producing a stable NOI from a core group of tenants with many currently MTM, but have long term tenancy
- Steady cash flow with ~$779,174 annual 2025 gross income. • Annual 2025 expenses of ~$365,274 or $6.52/SF
Executive Summary
Golden Valley Corporate Center is an extremely well-located, 56,027 square foot, two-story office building with warehouse/shop space. The property is currently 81% occupied, and all warehouse space is month-to-month and can accommodate an owner-user. 2025 NOI was $413,900. 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. The building has been renovated throughout ownership and expanded in the 1980s.
Property Facts
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
Available month-month
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.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 28-118-21-32-0077 | Improvements Assessment | $2,538,000 |
| Land Assessment | $1,594,000 | Total Assessment | $4,132,000 |
Property Taxes
Parcel Number
28-118-21-32-0077
Land Assessment
$1,594,000
Improvements Assessment
$2,538,000
Total Assessment
$4,132,000
1 of 27
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Golden Valley Corporate Center | 1710 Douglas Dr N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.