Contiguous Office
For Sale
Contact for pricing
Pending
11812-11900 Wayzata Blvd, Minnetonka, MN 55305
Two established office buildings offer redevelopment potential, highway exposure, and proximity to shopping and dining.
Property Size41,130 SF
Lot Size5.51 Acres
Days on Market143
Property Features for 11812-11900 Wayzata Blvd
General Information
Standard status
Pending
Size
41,130 SF
Lot size
5.51 Acres
Property subtype
Office, Land
Occupancy
72%
Net Operating Income
$207,000
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
office
Building Details
Buildings
2
Building Size
41,130 SF
Tenancy
Multi
Listing Agency:
Colliers - Minneapolis - St. Paul, Minnesota
Listed By:
Michael Gelfman · License #MN
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Minneapolis - St. Paul, Minnesota
Investment Insights
Based on property information with market context.
The property comprises two contiguous office buildings totaling 41,130 square feet on 5.51 acres. Constructed in 1981 and 1984, the buildings have served small professional service businesses and currently accommodate 34 tenants at 72% occupancy. Existing occupants are generally on short-term leases, with lease expirations scheduled within the next twelve months or landlord termination options available in connection with a sale or redevelopment.
Located at 11812-11900 Wayzata Blvd in Minnetonka, the site occupies the northeast quadrant of Wayzata Boulevard and Ridgedale Drive. Its position provides exposure to both westbound and eastbound I-394 traffic, with Ridgedale Drive along the west side. A wetland and townhomes border the north, while The Birke Apartments, opened in 2020, are located to the east. The property is surrounded by Wayzata, Plymouth, Eden Prairie, and Hopkins, with shopping and dining options nearby.
Located at 11812-11900 Wayzata Blvd in Minnetonka, the site occupies the northeast quadrant of Wayzata Boulevard and Ridgedale Drive. Its position provides exposure to both westbound and eastbound I-394 traffic, with Ridgedale Drive along the west side. A wetland and townhomes border the north, while The Birke Apartments, opened in 2020, are located to the east. The property is surrounded by Wayzata, Plymouth, Eden Prairie, and Hopkins, with shopping and dining options nearby.
Key Highlights
- 5.51‑acre site with two contiguous office buildings
- 41,130 square feet across buildings constructed in 1981 and 1984
- Current occupancy of 72% with 34 tenants
Property Analytics
Current Use
Lease Details
72%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
848
Businesses Nearby
Explore this area
Business Placement
Demographics for 55305, MN
21,533
Population
10,463
Households
2.1
Avg Household Size
42
Median Age
61%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
2,315
Density / Sq Mi
$106,480
Median Household Income
$64,802
Median Earnings
$1,774
Median Rent
$442,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Two established office buildings offer redevelopment potential, highway exposure, and proximity to shopping and dining.
Where is this office building located?
The property is located at 11812-11900 Wayzata Blvd Minnetonka, MN.
What are key features of this property?
This property features: 5.51‑acre site with two contiguous office buildings; 41,130 square feet across buildings constructed in 1981 and 1984; Current occupancy of 72% with 34 tenants
