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    8120 Penn Ave S Bloomington, MN 55411

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    For Lease
    $12 SF/Yr ($3,800 /Mo)

    Conveniently located office space with on-site amenities and easy access.

    Property size:
    3,800 SF
    Lot size:
    7.90 Acres

    Property Features for 8120 Penn Ave S

    General Information

    Size
    3,800 SF
    Lot size
    7.90 Acres

    Source: Cushman & Wakefield Agent Sam Gleason

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

    Overview

    Office Space Near Transportation Hub

    This office space is conveniently located at the intersection of Penn Avenue and American Boulevard. The property features on-site property management and includes training and conference rooms. For dining convenience, Wally’s Roast Beef Restaurant is located on site. USPS, FedEx, and UPS drop boxes are available on site. Underground heated parking is available. The location provides easy access to I-494 and 35W. Numerous restaurants and retail options are located within minutes of the property. The property features professional lobby finishes. The property offers 3800 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.3097047
    Latitude
    44.8562637

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    FAQs

    What type of property is this?
    Office space - Conveniently located office space with on-site amenities and easy access.
    Where is this office space located?
    The property is located at 8120 Penn Ave S Bloomington, MN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location at Penn Ave & American Blvd with easy access to I-494 and 35W.; - Underground heated parking available.; - On-site property management.
    (612) 425-6575
    Request Owner's contact information
    8120 Penn Ave S Bloomington, MN 55411
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    Bloomington, MN 55411
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    Realmo Value Estimation

    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.

    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.

    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
    8120 Penn Ave S Bloomington, MN 55411
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