Listing Agency: CBRE - Minnesota j***@cbre.com Show Phone

Listed By: Joe Conzemius Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 14 Last Checked: Aug 20 at 10:21AM

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Investment Insights

Based on property information with market context.

This is a newly renovated office tower encompassing 355,000 square feet. It is situated in the West End neighborhood of St. Louis Park.

Key Highlights

• Newly renovated office tower
• 355,000 SF space available
• Located in the vibrant West End neighborhood

Property Analytics

Property Profile

Current Use

American Phoenix, Inc Industrial Manufacturer Bell Bank Mortgage, ... Loan Service Lorentzen Dental Dental Office Bell Bank Mortgage, ... Loan Service Dr. Mark A. Pilot, ... Physician

Suggested Use

Top Pick Electrical Service Storage Facility Garden Center HVAC Service Grocery & Convenience Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

2,223

Businesses Nearby

Explore this area Business Placement

Demographics for 55416, MN

34,129

Population

19,197

Households

1.8

Avg Household Size

36

Median Age

73%

College-Educated

98%

High-School Grad

7.3 sq mi

ZIP Area

4,675

Density / Sq Mi

$105,926

Median Household Income

$70,993

Median Earnings

$1,701

Median Rent

$457,300

Median Home Value

Market

Lease Benchmarks for Minneapolis, MN

$19.2 /SF/Yr

Avg Asking Price

$10–$26 /SF/Yr

Price Range

31,413 SF

Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Newly renovated 355,000 SF office tower in St Louis Park.

Where is this office building located?

The property is located at 5500 Wayzata Boulevard Minneapolis, MN.

What are key features of this property?

This property features: Newly renovated office tower; 355,000 SF space available; Located in the vibrant West End neighborhood