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

    6442 City Pkwy W Eden Prairie, MN

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

    Furnished office space with fitness center and ample parking.

    Property size:
    2,765 SF
    Lot size:
    3.68 Acres

    Property Features for 6442 City Pkwy W

    General Information

    Size
    2,765 SF
    Lot size
    3.68 Acres

    We can help!

    Listing Contact
    Steve Shepherd, Sior
    Source: Moodyscre

    Listing Agent: Steve Shepherd, Sior

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

    Learn more

    Overview

    Move-in Ready Furnished Office Space

    This office space offers move-in ready, furnished spec suites, as well as custom buildout options. The property includes a fitness center equipped with a shower, on-demand Peloton fitness equipment, and classes. Ample on-site parking is available, with underground executive parking as an option. The location provides great visibility along Highway 212 and Shady Oak Road. On-site ownership and professional management are present. Monument and building signage are available, offering direct visibility from Highway 212. A private patio is available with the 3rd-floor vacancy. The lobby and restrooms have been newly remodeled. The property's tax and operating expenses are $14.00 per square foot. The available space is 6,234 square feet.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Eden Prairie
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4296446
    Latitude
    44.9019949

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Crosstown Corporate

      Discover many ways to work your way in Crosstown Corporate
      6385 Old Shady Oak Rd, Eden Prairie, MN 55344
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease with move-in ready and custom options.
      6442 City West Pkwy West Pky, Eden Prairie, MN 55344
      View Details
    • Contact for pricing
      5,415 SF

      Retail Space on Flying Cloud

      Hard corner retail space in Eden Prairie trade area.
      8280 Flying Cloud Dr, Eden Prairie, MN 55344
      View Details
    • Contact for pricing

      Eden Prairie Lakeside Office Space

      Office space for lease in prime Eden Prairie location.
      11000 Prairie Lake Dr, Eden Prairie, MN 55344
      View Details
    • Contact for pricing
      414 SF

      Eden Prairie Office Suites Available

      Office suites for lease near I-494 and Highway 62.
      12100 Singletree Ln, Eden Prairie, MN 55344
      View Details
    • Contact for pricing
      43,426 SF

      Eden Prairie Office/Warehouse Space

      Office and warehouse space with high ceilings and ample parking.
      7800 Equitable Dr, Eden Prairie, MN 55344
      View Details
    • Contact for pricing
      58,145 SF

      Eden Prairie Corporate Campus Office

      Modern office space in a convenient Eden Prairie location.
      8855 Columbine Rd, Eden Prairie, MN 55347
      View Details
    • Contact for pricing
      46,112 SF

      Eden Prairie Data Center Space

      Data center space with supplemental cooling and backup power.
      8995 Columbine Rd, Eden Prairie, MN 55347
      View Details
    • Contact for pricing
      8,639 SF

      Eden Prairie Office Space For Rent

      Flexible office space in a bustling Eden Prairie business district.
      7615 Smetana Ln, Eden Prairie, MN 55344
      View Details
    • Contact for pricing
      189,500 SF

      Eden Prairie Office Space Available

      Office space with lake access, fitness center, and training room.
      10400 Viking Dr, Eden Prairie, MN 55344
      View Details
    • Contact for pricing
      39,390 SF

      Light Industrial Office Opportunity

      Low-rise light industrial office with warehouse space and ample parking.
      7693-7699 Anagram Dr, Eden Prairie, MN 55344
      View Details
    • Contact for pricing
      38,536 SF

      Modern Office Space For Rent

      Spacious office with modern amenities and convenient location in Eden Prairie.
      8911 Columbine Rd, Eden Prairie, MN 55347
      View Details

    FAQs

    What type of property is this?
    Office units - Furnished office space with fitness center and ample parking.
    Where is this office units located?
    The property is located at 6442 City Pkwy W Eden Prairie, MN.
    What are key features of this property?
    This property features: - Great visibility along Hwy 212 & Shady Oak Road with monument and building signage available.; - Enjoy the fitness center with shower, on demand Peloton fitness equipment, and classes.; - Ample on-site parking + underground executive parking available.
    (612) 430-9973 Call to check price and availability
    Request Owner's contact information
    6442 City Pkwy W Eden Prairie, 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.
    6442 City Pkwy W
    Eden Prairie, 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
    6442 City Pkwy W Eden Prairie, 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
    Steve Shepherd, Sior
    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!