Owner-User Office
1335 Industrial Blvd NE Minneapolis, MN 55413
For Sale
Contact for pricing
Office building on a full-acre site with ample off-street parking and excellent access to major highways.
Property Size12,858 SF
Lot Size1.00 Acre
Price / SF$198.32
Days on Market9
Property Features for 1335 Industrial Blvd NE
General Information
Standard status
Active
Size
12,858 SF
Lot size
1.00 Acre
Property subtype
OFFICE
Listing Agency:
Ryzo Commercial Realty
(612) 708-2631
Listed By:
Tyler Van Eps · License #40710857
(612) 708-2631
Source:
Moodyscre
Added: Jul 21
Changed: Jul 25
Last Checked: Jul 29 at 12:08PM
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 Ryzo Commercial Realty
Investment Insights
Based on property information with market context.
This office building presents a strong owner-user setup, situated on a full 1-acre site. The property is configured to support workplace use, with ample off-street parking for occupants and visitors.
Located with excellent access to I-35W, Hwy 280, and I-94, the site is positioned near the University of Minnesota and the Northeast Minneapolis business corridor.
Offered for sale as a commercial office property, the asset combines highway access with on-site parking on a larger lot size.
Located with excellent access to I-35W, Hwy 280, and I-94, the site is positioned near the University of Minnesota and the Northeast Minneapolis business corridor.
Offered for sale as a commercial office property, the asset combines highway access with on-site parking on a larger lot size.
Key Highlights
- On a full 1‑acre site with ample off‑street parking
- Excellent access to I‑35W, Hwy 280, and I‑94
- Adjacent to the University of Minnesota
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $268.5k | $20.88 |
| − Vacancy | −$54.2k | −$4.22 |
| EGI | $214.2k | $16.66 |
| − OpEx | −$53.6k | −$4.17 |
| NOI | $160.7k | $12.50 |
12,858 SF · lease $20.88/SF/yr · vacancy 20.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.30M
$2.01M – $2.68M
NOI $160,682 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.07M
$2.68M – $3.58M
NOI $214,736 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building on a full-acre site with ample off-street parking and excellent access to major highways.
Where is this office building located?
The property is located at 1335 Industrial Blvd NE Minneapolis, MN.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: On a full 1‑acre site with ample off‑street parking; Excellent access to I‑35W, Hwy 280, and I‑94; Adjacent to the University of Minnesota
