Finished Office Space with Separate
200-1103 Weir Dr Woodbury, MN 55125
200-1103 Weir Dr, Woodbury, MN, 55125
$750,000
For Sale
$750,000
3,000-sq-ft office space with open layout, conference room, and private bathroom access along Highway 494.
Property Size3,000 SF
Price / SF$250
Days on Market91
Property Features for 200-1103 Weir Dr
General Information
- Standard status
- Active
- Size
- 3,000 SF
Listing agency
RE/MAX Professionals
(651) 233-8162
Listed by
Justin DuChemin
(651) 233-8162
Source
Exprealty
Added: Apr 23 Updated: Jul 22 at 6:06PM Checked: Jul 22 at 6:06PM
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 RE/MAX Professionals
Investment Insights
Based on property information with market context.
A turnkey 3,000-sq-ft finished office space designed for flexibility, featuring an open layout with a private access to the bathroom. The suite includes a kitchen area with a bar stool counter and a dedicated conference room, along with two private stalls.
The property is positioned for visibility along Highway 494 and offers convenient highway access for clients and employees. The floor plan can be used as-is or customized to match your preferred design and finish.
An income-producing long-term lease is in place for the front office space with a separate entrance.
The property is positioned for visibility along Highway 494 and offers convenient highway access for clients and employees. The floor plan can be used as-is or customized to match your preferred design and finish.
An income-producing long-term lease is in place for the front office space with a separate entrance.
Key Highlights
- 3,000‑sq‑ft adaptable office space with flexible floor plan along Highway 494 in Woodbury
- Open layout plus conference room for office or other professional uses
- Includes kitchen area with bar stool counter
Local 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 | $74.9k | $24.96 |
| − Vacancy | −$19.4k | −$6.46 |
| EGI | $55.5k | $18.50 |
| − OpEx | −$13.9k | −$4.62 |
| NOI | $41.6k | $13.87 |
3,000 SF · lease $24.96/SF/yr · vacancy 25.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$594.5K
$520.2K – $693.6K
NOI $41,615 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$833.3K
$729.2K – $972.2K
NOI $58,332 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - 3,000-sq-ft office space with open layout, conference room, and private bathroom access along Highway 494.
Where is this office units located?
The property is located at 200-1103 Weir Dr Woodbury, MN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,000‑sq‑ft adaptable office space with flexible floor plan along Highway 494 in Woodbury; Open layout plus conference room for office or other professional uses; Includes kitchen area with bar stool counter
