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Office Golf 7807 Creekridge Cir 42,303 SF Office Building Bloomington, MN 55439 $6,000,000 ($141.83/SF)
Investment Highlights
- $1,000,000 Price Reduction, now priced at $6,000,000
- Significant Capital Investment: Approximately $3 Million invested in interior and exterior renovations (2023)
- 164 Parking stalls with 68 underground + 96 surface
- New Office Golf Lease Back Option! Office Golf is willing to lease back the 1st Floor and half of the 2nd Floor for 3-5 years
- Zoning: C-4 Freeway Office: allows for a wide range of office, hospitality, and commercial uses
- Owner User or Investor Opportunity. Business + FF&E also available.
Executive Summary
• $1,000,000 Price Reduction, now priced at $6,000,000. New Office Golf Lease Back Option!
• Investors: Office Golf is willing to lease back the 1st Floor and half of the 2nd Floor for 3-5 years (depending on all terms such as sale price, lease rate, etc). See Financials for lease rates at current pricing.
• Owner/Users: Ideal arrangement with in place income, but available space for immediate occupancy post closing. Perfect corporate headquarters.
• Significant Capital Investment: Approximately $3 Million invested in interior and exterior renovations (2023)
• Office Golf Amenities Include:
o 18 TrackMan golf simulators
o 2 Full-Service Bars (including the Hornet Bar)
o Commercial Kitchen
o Turnkey Restaurant Space with outdoor patio
• Premier I-494 Corridor Location:
o Exceptional visibility and frontage along one of Bloomington’s most trafficked corridors
o Strong Demographics: $179,026 average household income within 1 mile
o Traffic Counts: Exposure to 140,296 vehicles per day on I-494
o Surrounding Area: Located among national retailers, hospitality, and dense multifamily housing
• Zoning: C-4 Freeway Office: allows for a wide range of office, hospitality, and commercial uses
• Building Overview:
o Existing diversified Tenant mix include: Office Golf, 2nd Swing Golf, Bethany Fellowship, Financial Services, Transportation, Construction, and more.
o 65,623 total SF: 42,303 finished SF Class B Office building + 23,320 SF of underground parking (2 levels)
o Three-story structure with elevator service
o Open-concept layouts with abundant natural light
o Modernized finishes and strong curb appeal
o New Roof 5 years ago (~20 year warranty)
o 6 new offices just completed on 2nd floor for additional income potential
• Site Details:
o 1.80 acres (78,404 SF) site
o Great parking with 68 underground + 96 surface stalls
• Contact: Hayden Hulsey, CCIM for financials, tours, and additional information
• Investors: Office Golf is willing to lease back the 1st Floor and half of the 2nd Floor for 3-5 years (depending on all terms such as sale price, lease rate, etc). See Financials for lease rates at current pricing.
• Owner/Users: Ideal arrangement with in place income, but available space for immediate occupancy post closing. Perfect corporate headquarters.
• Significant Capital Investment: Approximately $3 Million invested in interior and exterior renovations (2023)
• Office Golf Amenities Include:
o 18 TrackMan golf simulators
o 2 Full-Service Bars (including the Hornet Bar)
o Commercial Kitchen
o Turnkey Restaurant Space with outdoor patio
• Premier I-494 Corridor Location:
o Exceptional visibility and frontage along one of Bloomington’s most trafficked corridors
o Strong Demographics: $179,026 average household income within 1 mile
o Traffic Counts: Exposure to 140,296 vehicles per day on I-494
o Surrounding Area: Located among national retailers, hospitality, and dense multifamily housing
• Zoning: C-4 Freeway Office: allows for a wide range of office, hospitality, and commercial uses
• Building Overview:
o Existing diversified Tenant mix include: Office Golf, 2nd Swing Golf, Bethany Fellowship, Financial Services, Transportation, Construction, and more.
o 65,623 total SF: 42,303 finished SF Class B Office building + 23,320 SF of underground parking (2 levels)
o Three-story structure with elevator service
o Open-concept layouts with abundant natural light
o Modernized finishes and strong curb appeal
o New Roof 5 years ago (~20 year warranty)
o 6 new offices just completed on 2nd floor for additional income potential
• Site Details:
o 1.80 acres (78,404 SF) site
o Great parking with 68 underground + 96 surface stalls
• Contact: Hayden Hulsey, CCIM for financials, tours, and additional information
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
42,303 SF
Building Class
B
Year Built/Renovated
1983/2023
Price
$6,000,000
Price Per SF
$141.83
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
14,100 SF
Slab To Slab
12’
Building FAR
0.54
Lot Size
1.80 AC
Zoning
C-4 - Freeway Office: allows for a wide range of office, hospitality, and commercial uses
Parking
164 Spaces (3.88 Spaces per 1,000 SF Leased)
Amenities
- Fitness Center
- Restaurant
- Signage
- Outdoor Seating
- Balcony
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Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 17-116-21-21-0006 | Improvements Assessment | $3,276,100 |
| Land Assessment | $943,900 | Total Assessment | $4,220,000 |
Property Taxes
Parcel Number
17-116-21-21-0006
Land Assessment
$943,900
Improvements Assessment
$3,276,100
Total Assessment
$4,220,000
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