7807 Creekridge Cir - Office FOR SALE


Bloomington, MN 55439- Bloomington West
$7,500,000 USD
612-413-4200
7807 Creekridge Cir, Bloomington, MN for Sale
$7,500,000 USD
Office - FOR SALE
1/9
null | 7.77% Cap Rate

7807 Creekridge Cir
Bloomington, MN 55439
Bloomington West


HIGHLIGHTS

  • Value-Add Investment
  • Upgraded Building
  • Evolving Office Market
  • Premier Location with Exceptional Visibility
  • Well-Connected and Accessible
  • Numerous Amenities Nearby

OVERVIEW

Value-Add Investment - A compelling value-add investment opportunity with built-in flexibility for an owner-user. At closing, Office Golf will execute a new five-year lease, providing immediate income stability. All existing tenants will remain in place under separate leases, offering diversified cash flow while preserving operational control for the owner. The property’s adaptable layout allows ownership to efficiently reposition space as leases roll, creating a clear path to owner occupancy or alternative configurations. This embedded flexibility, combined with stable in-place income and tenant diversification, delivers both near-term cash flow and long-term upside. Upgraded Building - The building was transformed in 2023 with extensive amenities and improvements. The property is anchored by a year-round golf-entertainment-event venue, led by a top-tier team of golf professionals. Experience the unique experience that Minnesota has truly welcomed and supported. Other features include a large conference room, executive professional suites, an on-site restaurant, three different bars, a 3-story atrium, & underground parking. Evolving Office Market - The shift toward smaller, more flexible office spaces with added amenities continues to shape tenant preferences. This property aligns well with current market trends, offering a right-sized footprint, an easily accessible location, ample on-site parking, and proximity to numerous amenities, making it an attractive option for a variety of tenants. Premier Location with Exceptional Visibility - Situated just off Interstate 494, this property enjoys high visibility from one of the Twin Cities' busiest thoroughfares. Positioned in a highly populated area with nearly 900,000 residents within a 10-mile radius, it offers strong market demographics and sits near vibrant retail hubs along the I-494 corridor. Well-Connected and Accessible - The property is minutes from key highways including highways 100, 169, and I-494., ensuring quick access to downtown Minneapolis, the greater metro area, and beyond. The property is also conveniently located just 10 minutes from the Minneapolis-St. Paul International Airport (MSP). Numerous Amenities Nearby - The property is within a short distance of shopping centers, hotels, restaurants, and entertainment venues, including the world-renowned Mall of America. The surrounding area supports a wide range of business needs, from dining and lodging to retail and recreation.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

7.77%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Office Golf | Value-Add Investment

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

164

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

FD-2

APN/PARCEL ID

17-116-21-21-0006

ASK ABOUT THIS PROPERTY

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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Brian BriskyBrisky Net LeaseMore Info
612-413-4200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.