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2191-2195 Northdale Blvd NW 5,632 SF 100% Leased Office Building Coon Rapids, MN 55433 $745,000 ($132.28/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Both units have sprinkler systems throughout.
EXECUTIVE SUMMARY
Discover a prime investment or owner-user opportunity in the
vibrant Coon Rapids community of the Twin Cities/MN market,
with this exceptional two-unit Office Condo offering! Two leases in
place through October & December 2026, respectively.
Professionally constructed and maintained office condo units, twolevels, with sprinklers and walkout basements. Each office condo
offers multiple private offices, conference room, kitchenette,
private restrooms, storage and open, collaborative spaces.
Ample parking for this end cap, standalone office building, located
along Highway 10, backing up to green space & Coon Rapids High
School. The location is unparalleled, with nearby restaurants,
shops and freeway access.
Current Rent Rolls & Operating Expense data available via our
listing website by e-signing the Confidentiality Agreement.
vibrant Coon Rapids community of the Twin Cities/MN market,
with this exceptional two-unit Office Condo offering! Two leases in
place through October & December 2026, respectively.
Professionally constructed and maintained office condo units, twolevels, with sprinklers and walkout basements. Each office condo
offers multiple private offices, conference room, kitchenette,
private restrooms, storage and open, collaborative spaces.
Ample parking for this end cap, standalone office building, located
along Highway 10, backing up to green space & Coon Rapids High
School. The location is unparalleled, with nearby restaurants,
shops and freeway access.
Current Rent Rolls & Operating Expense data available via our
listing website by e-signing the Confidentiality Agreement.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,632 SF
Building Class
B
Year Built
2005
Price
$745,000
Price Per SF
$132.28
Cap Rate
7.50%
NOI
$55,875
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,816 SF
Slab To Slab
11’
Building FAR
0.92
Lot Size
0.14 AC
Zoning
Community Commercial
Parking
20 Spaces (3.55 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 10-31-24-34-0010 | Improvements Assessment | $272,200 |
| Land Assessment | $46,500 | Total Assessment | $318,700 |
PROPERTY TAXES
Parcel Number
10-31-24-34-0010
Land Assessment
$46,500
Improvements Assessment
$272,200
Total Assessment
$318,700
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2191-2195 Northdale Blvd NW
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