941 Hillwind Rd NE - Medical FOR SALE


Minneapolis, MN 55432- Columbia Heights
$5,000,000 USD
612-812-1317
941 Hillwind Rd NE, Minneapolis, MN for Sale
$5,000,000 USD
Medical - FOR SALE
1/75
null | Request Cap Rate

Feb '26


941 Hillwind Rd NE
Minneapolis, MN 55432
Columbia Heights


HIGHLIGHTS

  • Architectural Distinction & High Visibility with high traffic count
  • Significant Capital improvement over $1M
  • Diverse tenant mix related to medical, health, and professional services

OVERVIEW

GJG Commercial - Real Broker presents an opportunity to own a premier office building in the north metro suburbs. A four-story, glass-fronted building that combines architectural design, visibility, and functionality. Built in 1987 and fully upgraded in 2023-2024 with over $1 million in capital improvements, the property offers ±28,460 SF of professional rentable space with 75 surface and 16 climate-controlled garage stalls. The building’s tenant mix includes medical, therapy, childcare, and professional service users, reflecting steady demand for accessible, high-quality space in the northern metro. Each floor offers flexible layouts that suit both investors and potential owner-occupants seeking a signature location. Positioned just off I-694 and Hwy 65 and directly across from Medtronic’s Global Headquarters, the property benefits from exceptional visibility, strong employment density, and easy metro access. Surrounding employers include Life Time Fitness, Cummins Power Generation, BAE Systems, and Unity Hospital, reinforcing the area’s stability and professional base. For an owner or investor, Hillwind Office delivers a rare blend of design appeal, functionality, and long-term fundamentals — a turn-key opportunity in one of the Twin Cities’ most established suburban corridors. The asset stands out with glass-rich façades and a design aesthetic uncommon in the suburban market, delivering high curb appeal and an impressive professional image for tenants. Best-in-Class Parking Ratio: With 75+ surface stalls plus 16 climate-controlled indoor garage stalls, the property offers one of the rare superior parking configurations in a suburban node — a differentiator for attracting premium tenants. Stable Tenant Base & Diversified Use: The building currently hosts a variety of professional service tenants — from medical and autism-therapy to childcare and real estate — reducing single-industry risk and providing a diverse cash-flow foundation. Upside Potential: Recent capital investment by the current owner (over $1M) means the building is delivered in enhanced condition of building improvements, systems upgrades, and deferred maintenance resolution, delivering the property in exceptional condition. This substantial capital infusion significantly de-risks ownership for the buyer, who will inherit modern building systems and extensive recent upgrades typically requiring years of capital allocation. Set up to secure stronger lease terms, extend lease durations and/or reposition portions of the building to higher rent-profiles. Suburban Office Advantage: As companies continue to seek accessible suburban locations for professional service use, this property offers the combination of design, parking, flexibility, and location that tenants increasingly demand. Flexible Ownership / Exit Options: The asset is well-suited for an owner-user seeking occupancy or for an investor pursuing a hold strategy, leasing momentum, and eventual value growth through lease reversion and building longevity. Reach out for further information. 612-812-1317

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Hillwind Office Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Telecom Hotel/Data Hosting, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

C-R1

APN/PARCEL ID

24-30-24-32-0133

ASK ABOUT THIS PROPERTY

Chris MisslingGrant Johnson Group - Real BrokerMore Info
612-812-1317

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Chris MisslingGrant Johnson Group - Real BrokerMore Info
612-812-1317

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