This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2000 Plymouth Rd
Minnetonka, MN 55305
Office Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Security System
- Signage
- Natural Light
- Monument Signage
ABOUT 2000 PLYMOUTH RD , MINNETONKA, MN 55305
This is an excellent opportunity to purchase an investment property for $5,200,00 at 8.74% cap rate. Ridgehill Professional is an office building with six tenants and one vacancy. Ridgehill Professional is located ideally in the retail area southeast of Highway 394 and Highway 494. Traffic counts average 122,000 vehicles daily on Highway 394. This property is in an affluent area with an average household income of nearly $140,000 in a 1-mile radius, and a 5-mile population of 181,922. Located across from Ridgedale Center, a two-level shopping mall with 140 stores anchored by Macy’s, Nordstrom, JCPenney, and Sears. Other area properties include Ridgedale Library, Whole Foods, newly constructed luxury apartments, Lunds & Bylerys, Barnes and Noble, Target, and many more. Minnetonka is approximately 12 miles southwest of downtown Minneapolis. The city is home to over 4,500 companies, and the headquarters of Carlson Companies, Cargill, AmeriPride Services, and G&K Services. The Minneapolis-St. Paul MSA is the 16th largest metropolitan area in the U.S., with approximately 3.4 million residents.
PROPERTY TAXES
| Parcel Number | 03-117-22-44-0013 | Improvements Assessment | $2,680,000 |
| Land Assessment | $2,859,000 | Total Assessment | $5,539,000 |
PROPERTY TAXES
