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Two-Property Office Portfolio
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2500 County Road 42 West, Burnsville, MN 55337

Fully occupied office portfolio with single-tenant triple-net leases and annual rent escalations.

Property SizeContact for details
Days on Market5

Property Features for 2500 County Road 42 West

General Information

Standard status Active
Property subtype Office
Occupancy 100%

Building Details

Buildings 2
Tenancy Single
Listing Agency: JLL - Phoenix, Arizona
Listed By: Will Mast · License #AZ SA636133000
Source: Crexi
Added: Sep 8 Changed: Sep 11 Last Checked: Sep 12 at 7:30AM

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 JLL - Phoenix, Arizona

Investment Insights

Based on property information with market context.

This two-asset office portfolio includes a 25,682-square-foot Class A building at 8333 E Hartford Drive in Scottsdale, Arizona, and a 60,689-square-foot corporate headquarters facility at 2500 County Road 42 West in Burnsville, Minnesota. Both properties are fully occupied by Ames Construction, Inc. or an affiliated entity, creating a single-tenant portfolio with operating presence in Arizona and Minnesota.

The leases are structured on a triple-net basis and include 2.75% annual rent escalations. The Burnsville property serves as Ames Construction’s registered corporate headquarters, while the Scottsdale building supports the company’s Southwest operations. The offering is available as a combined portfolio, with consideration also given to bids for individual assets.

Key Highlights

  • Two‑property office portfolio totaling 86,371 square feet
  • 100% occupied by Ames Construction, Inc. or an affiliated entity
  • 25,682‑square‑foot Class A office building in Scottsdale, AZ

Property Analytics

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Current Use

Commercial Lending Burnsville ... Loan Service Steingart & Associates, PA Accounting Firm Dr. Kris Huber Alternative Medicine Practice Steingart & McGrath, PA Law Firm Vennehjem Building Corporation Construction Company

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Hotel & Motel Auto Parts Store Parking Lot & Garage Restaurant

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby

Demographics for 55337, MN

47,333
Population
19,695
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
18.7 sq mi
ZIP Area
2,531
Density / Sq Mi
$81,641
Median Household Income
$46,602
Median Earnings
$1,463
Median Rent
$327,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Fully occupied office portfolio with single-tenant triple-net leases and annual rent escalations.
Where is this office building located?
The property is located at 2500 County Road 42 West Burnsville, MN.
What are key features of this property?
This property features: Two‑property office portfolio totaling 86,371 square feet; 100% occupied by Ames Construction, Inc. or an affiliated entity; 25,682‑square‑foot Class A office building in Scottsdale, AZ
(602) 282-6300 Call to check price and availability
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