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5353 Wayzata Blvd, St Louis Park, MN 55416

112,304 SF multi-tenant office building with Associated Bank as anchor tenant.

Property Size991 SF
Days on Market872

Property Features for 5353 Wayzata Blvd

General Information

Standard status Active
Size 991 SF
Property subtype OFFICE
Lease Type SF/yr

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Sheltered Bus Stop On-Site
Park-N-Ride
Foodsby food delivery service

Building Details

Tenancy Multi
Listing Agency: Northco Commercial Real Estate
Listed By: Barry Birnberg
Source: Moodyscre
Added: Mar 13, 2024 Changed: Jul 26 Last Checked: Jul 31 at 1:02PM

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 Northco Commercial Real Estate

Investment Insights

Based on property information with market context.

A 112,304 SF multi-tenant office building offering a strong tenant mix and day-to-day building services, including Foodsby for food delivery to the property. The building is positioned to support office users with convenient amenities and nearby services.

The property provides premier visibility and access at Hwy 100 & I-394. It is adjacent to The Shops at West End and includes a sheltered bus stop on-site, with an adjacent Park-N-Ride.

Associated Bank serves as the anchor tenant. Area amenities include more than twelve restaurants within walking distance, and multiple hotels including Hilton Homewood Suites next door, along with Homewood Suites, SpringHill Suites, AC Hotel, DoubleTree, and TownPlace Suites. Cub Foods/Liquor is adjacent, and additional nearby options include Marcus Theaters and Costco.

Key Highlights

  • 112,304 SF multi‑tenant office building with Associated Bank as the anchor tenant
  • Visibility and access at Hwy 100 & I‑394
  • Adjacent to The Shops at West End

Property Analytics

Current Use

Law Office of Brian ... Financial Advisor ALSAC/St. Jude Children’s ... Charitable Organization Diversified Wealth Management Financial Advisor Finley Engineering Co ... Engineer Margaret Stearns LLC Crisis Center

Suggested Use

Top Pick Electrical Service Bakery Barber Shop Veterinary Clinic Butcher Florist

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,223
Businesses Nearby

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 St Louis Park, MN

$17 /SF/Yr
Avg Asking Price
$10–$25 /SF/Yr
Price Range
76,115 SF
Avg Space Size

This space is priced 6% below the average of $17 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - 112,304 SF multi-tenant office building with Associated Bank as anchor tenant.
Where is this office building located?
The property is located at 5353 Wayzata Blvd St Louis Park, MN.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 112,304 SF multi‑tenant office building with Associated Bank as the anchor tenant; Visibility and access at Hwy 100 & I‑394; Adjacent to The Shops at West End
(612) 203-2408 Call to check price and availability
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