Office Building with Surface
For Sale
Contact for pricing
4725 Excelsior Blvd, St Louis Park, MN 55416
Professional office property with on-site parking near shopping, dining, and major regional destinations.
Property Size10,440 SF
Price / SF$143.68
Days on Market50
Property Features for 4725 Excelsior Blvd
General Information
Standard status
Active
Size
10,440 SF
Total Parking Spaces
25
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Kenwood Commercial
(952) 212-0757
Listed By:
Mike Doyle
(612) 242-8820
Source:
Moodyscre
Added: Sep 14
Changed: Oct 25
Last Checked: Nov 1 at 6:22AM
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 Kenwood Commercial
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Investment Insights
Based on property information with market context.
This 10,440-square-foot office building at 4725 Excelsior Blvd offers a commercial setting for professional service firms and other office users. An on-site surface lot provides approximately 25 parking spaces, supporting daily operations and visitor access.
The property sits along the Excelsior Boulevard corridor in St. Louis Park, south of I-394. Miracle Mile and Knollwood Mall are nearby, providing access to shops and restaurants. Downtown Minneapolis is 15 minutes away, Saint Paul is 30 minutes away, and MSP International Airport is 21 minutes away.
The property sits along the Excelsior Boulevard corridor in St. Louis Park, south of I-394. Miracle Mile and Knollwood Mall are nearby, providing access to shops and restaurants. Downtown Minneapolis is 15 minutes away, Saint Paul is 30 minutes away, and MSP International Airport is 21 minutes away.
Key Highlights
- 10,440‑square‑foot office building
- Approximately 25 surface parking spaces
- Located on Excelsior Boulevard south of I‑394
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,465
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,609,300
$2.6M
Cap Rate 7%
$1,863,786
$1.9M
Cap Rate 9%
$1,449,611
$1.4M
Market Conditions
NOI Build-Up for 10,440 SF
Gross rent
$218.0K $20.88/SF
− Vacancy
−$44.0K −$4.22/SF
EGI
$174.0K $16.66/SF
− OpEx
−$43.5K −$4.17/SF
NOI
$130.5K $12.50/SF
Area
Minneapolis, MN
Vacancy
20.20%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,609,300
Cap Rate 7%
$1,863,786
Cap Rate 9%
$1,449,611
Alternative Uses
Best Use
Office B
$1.86M
$1.63M – $2.17M
NOI $130,465 @ 7.0% cap · market cap 8.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.49M
$2.18M – $2.91M
NOI $174,354 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,042
Businesses Nearby
Explore this area
Business Placement
Demographics for 55416, MN
34,129
Population
19,197
Households
1.8
Avg Household Size
36
Median Age
73%
College-Educated
98%
High-School Grad
7.3 sq mi
ZIP Area
4,675
Density / Sq Mi
$105,926
Median Household Income
$70,993
Median Earnings
$1,701
Median Rent
$457,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Professional office property with on-site parking near shopping, dining, and major regional destinations.
Where is this office building located?
The property is located at 4725 Excelsior Blvd St Louis Park, MN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10,440‑square‑foot office building; Approximately 25 surface parking spaces; Located on Excelsior Boulevard south of I‑394
