Roseville Office and Flex
2597 Cleveland Ave N Roseville, MN
For Sale
Contact for pricing
8,766 SF building with office and flex space available.
Property Size8,766 SF
Lot Size0.73 Acres
Price / SF$250.97
Days on Market359
Property Features for 2597 Cleveland Ave N
General Information
Standard status
Active
Size
8,766 SF
Lot size
0.73 Acres
Property subtype
INDUSTRIAL
Properties For Sale
at 2597 Cleveland Ave N Contact us
Listing Agency:
Stack Industrial Partners
(651) 373-9641
Listed By:
Alex Baron
(612) 359-1658
Source:
Moodyscre
Added: Aug 4, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:33AM
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 Stack Industrial Partners
Investment Insights
Based on property information with market context.
This 8,766 square foot building features a combination of office and flex space. The first floor comprises 5,619 square feet, which will be available as the current lease expires in February 2027, with the tenant willing to terminate early. The second floor is currently leased to two office tenants, with lease details available upon request.
Key Highlights
- Building Size: 8,766 SF
- 1st Floor: 5,619 SF (Tenant will Terminate Early)
- 1st Floor Lease Expires Feb 2027
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 | $192.5k | $21.96 |
| − Vacancy | −$53.7k | −$6.13 |
| EGI | $138.8k | $15.83 |
| − OpEx | −$34.7k | −$3.96 |
| NOI | $104.1k | $11.87 |
8,766 SF · lease $21.96/SF/yr · vacancy 27.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.49M
$1.30M – $1.73M
NOI $104,095 @ 7.0% cap · market cap 4.73%
Second Best
Industrial
$1.36M
$1.19M – $1.59M
NOI $95,231 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,397 @ 7.0% cap · market cap 6.65%
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 units - 8,766 SF building with office and flex space available.
Where is this office units located?
The property is located at 2597 Cleveland Ave N Roseville, MN.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Building Size: 8,766 SF; 1st Floor: 5,619 SF (Tenant will Terminate Early); 1st Floor Lease Expires Feb 2027
