707 2nd Ave S - Office/Residential FOR SALE
Minneapolis, MN 55402 |
707 2nd Ave S
Minneapolis, MN 55402
HIGHLIGHTS
- One-of-a-Kind Placemaking Opportunity - A Blank Canvas to Reimagine an Existing Preeminent High-Rise Tower.
- Flexible Zoning and Potential Incentive Options.
- Compelling Alternative Use Market.
- Limited New Supply in a Flight-to-Quality Marketplace.
- S&P A- Rated Income Stream Remaining Through October 2025.
- Diminishing Competitive Set Through Limited Development and Recent Conversions.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Ameriprise Financial Center
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
TOTAL BUILDING SIZE
959264
STORIES
30
BUILDING CLASS
A
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
313
LAND DETAILS
LAND ACRES
1.13 AC AC
LAND SF
49,223 SF
ZONING
-
APN/PARCEL ID
27-029-24-11-0133
