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    Eagan Office Building with Amenities Title is generated by Realmo AI

    2770 Blue Water Rd, Eagan, MN

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    Office building in Eagan with fitness centers and tenant amenities.

    Type:OFFICE
    Property size:
    40,246 SF
    Lot size:
    9,065.00 Acres
    Price / SF:
    $151/SF
    Added:
    May 6, 2025
    Days on Market:
    399
    Last Refresh:
    May 19 at 9:48 pm

    Property Features for 2770 Blue Water Rd

    General Information

    Standard status
    Active
    Size
    40,246 SF
    Lot size
    9,065.00 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 2770 Blue Water Rd Contact us

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    Listing Contact
    Michael Honsa
    Michael Honsa

    Listing agent Michael Honsa

    Listing office Transwestern

    Listing date May 6, 2025

    Source Moodyscre

    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 Transwestern

    HighLights

    • Two updated fitness centers with locker rooms and showers
    • Conference rooms with state of the art audio visual equipment & adjacent kitchen for catering
    • On‑site property management
    • Dining options including Jimmy Johns and Union 32 Craft House
    • Patios and outdoor seating
    • Nine‑hole putting green

    Overview

    This office building, located in Eagan, Minnesota, encompasses 40,246 square feet. On-site amenities include two updated fitness centers, locker rooms and showers, walking trails, tenant plazas, patios and outdoor seating, a nine-hole putting green, conference rooms with state-of-the-art audio visual equipment and an adjacent kitchen for catering, tenant storage spaces, on-site property management, and dining options including Jimmy Johns and Union 32 Craft House.

    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 $898.3k $22.32
    − Vacancy −$232.7k −$5.78
    EGI $665.6k $16.54
    − OpEx −$166.4k −$4.13
    NOI $499.2k $12.40
    40,246 SF · lease $22.32/SF/yr · vacancy 25.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $7.13M
    $6.24M – $8.32M (±1% cap)
    NOI $499,225 @ 7.0% cap · market cap 8.18%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Healthcare Medical
    $9.90M
    $8.67M – $11.55M (±1% cap)
    NOI $693,278 @ 7.0% cap · market cap 11.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Eagan
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.1479
    Latitude
    44.8727

    FAQs

    What type of property is this?
    Office building - Office building in Eagan with fitness centers and tenant amenities.
    Where is this office building located?
    The property is located at 2770 Blue Water Rd Eagan, MN.
    What is the asking price?
    The asking price for this property is $6,100,000.
    What are key features of this property?
    This property features: Two updated fitness centers with locker rooms and showers; Conference rooms with state of the art audio visual equipment & adjacent kitchen for catering; On‑site property management
    (612) 359-1631 Call to check price and availability
    More about this property
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