Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7600 Parklawn Ave Edina, MN

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    First floor corner office space with parking in Edina.

    Property size:
    1,093 SF
    Lot size:
    2,666.00 Acres

    Property Features for 7600 Parklawn Ave

    General Information

    Size
    1,093 SF
    Lot size
    2,666.00 Acres

    We can help!

    Listing Contact
    Emily Claridge
    Source: Moodyscre

    Listing Agency: Hillcrest Development, LLLP Listing Agent: Emily Claridge

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Edina Office Space For Rent

    This is a first-floor corner office space featuring a heavy build-out. The property benefits from adjacent access to parking, entry points, and shared amenities. Ample parking is available. The space measures 1204 square feet and is located on Parklawn Ave in Edina, MN.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edina
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4296446
    Latitude
    44.9019949

    Nearby Similar for Lease

    • Contact for pricing

      Minnesota Center

      Flexible workspace in Minnesota Center
      7760 France Ave, Edina, MN 55435
      View Details
    • Sponsored
      Contact for pricing

      Grandview Square

      Discover many ways to work your way in Grandview Square
      5201 Eden Ave, Edina, MN 55436
      View Details
    • Contact for pricing

      Edina Office/Warehouse Space Available

      Office/warehouse space with easy access to major highways in Edina.
      7101 Ohms Ln, Edina, MN 55439
      View Details
    • Contact for pricing

      Edina Office/Warehouse Space Available

      Office and warehouse space for lease in convenient Edina location.
      7667 Cahill Rd, Edina, MN 55439
      View Details
    • $52 SF/Yr
      3,800 SF

      Edina Commercial Suite For Lease

      Move-in-ready, renovated commercial suite in prime Edina location.
      4420 Valley View Rd, Edina, MN 55344
      View Details
    • Contact for pricing
      574 SF

      Edina Showroom/Office Space Available

      Updated showroom/office space in Edina with highway visibility.
      7777 Washington Ave S, Edina, MN 55344
      View Details
    • Contact for pricing

      Edina Office/Warehouse Space Available

      Office and warehouse spaces for lease with highway access.
      5600 Lincoln Dr, Edina, MN 55436
      View Details
    • Contact for pricing

      Office/Warehouse Space for Lease

      Office/warehouse space with easy access to major highways.
      7100-7110 Ohms Ln, Edina, MN 55439
      View Details
    • $12 SF/Yr
      3,600 SF

      Edina Office Space For Rent

      4,200 square feet of office space available for lease.
      4444 76Th St W, Edina, MN 55344
      View Details
    • Contact for pricing
      12,140 SF

      Medical Office Space For Rent

      Single-tenant medical building near M Health Fairview Hospital.
      6517 Drew Ave S, Edina, MN
      View Details
    • Contact for pricing
      2,604 SF

      Edina Office/Warehouse Space Available

      Multiple office and warehouse space options in prime Edina location.
      7101-7117 Ohms Ln, Edina, MN
      View Details
    • Contact for pricing
      122,289 SF

      Edina Warehouse/Distribution Facility For Rent

      122,312 SF warehouse/distribution facility with 20 loading docks in Edina.
      5300 W 76Th St, Edina, MN 55344
      View Details

    FAQs

    What type of property is this?
    Office units - First floor corner office space with parking in Edina.
    Where is this office units located?
    The property is located at 7600 Parklawn Ave Edina, MN.
    What are key features of this property?
    This property features: - Heavy build-out already in place; - Adjacent access to parking; - Convenient 1st floor location
    (952) 215-5156 Call to check price and availability
    Request Owner's contact information
    7600 Parklawn Ave Edina, MN
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7600 Parklawn Ave
    Edina, MN
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7600 Parklawn Ave Edina, MN
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Emily Claridge
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!