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Open-Concept Creative Office Space
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5101 Olson Memorial Highway, Golden Valley, MN 55422

Flexible workspace combines collaborative areas, private offices, workstations, and pond-facing outdoor space.

Space Size3,000 SF
Days on Market13

Property Features for 5101 Olson Memorial Highway

General Information

Standard status Active
Size 3,000 SF
Net Rentable 1,500 SF
Class B
Property subtype Retail, Office

Space & Availability

Available Space 1,500-3,000 SF
Contiguous Space 3,000 SF
Divisible Yes
Space Use Creative Office
Sublease No
Private Offices 2

Amenities

cubicle-style workstations
break room
copier/workroom
storage area
private restrooms
private patio

Building Details

Building Size 3,000 SF
Year Built 1988
Tenancy Single

Spaces For Lease

at 5101 Olson Memorial Highway Contact us

Space 1

Size
3,000 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Sotheby's International Real Estate
Listed By: Christian Peterson · License #MN 40416618
Source: Crexi
Added: Jul 30 Changed: Aug 11 Last Checked: Aug 10 at 1:46PM

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 Sotheby's International Real Estate

Investment Insights

Based on property information with market context.

This Class B creative space provides approximately 3,000 SF of office area in a flexible configuration, with the option to lease the full premises or approximately 1,500 SF. The layout includes an open work area, two large private offices, cubicle-style workstations, a break room, copier/workroom, storage, and private restrooms. Natural light and a private patio overlooking a pond add distinct features to the workplace environment. The space is currently occupied as an office and art gallery and was built in 1988.

Located at 5101 Olson Memorial Highway in Golden Valley, the property offers a setting suited to office operations that benefit from a combination of shared workspace and enclosed rooms. The existing configuration can accommodate a range of creative, professional, nonprofit, and related office uses without relying on a conventional single-format layout.

Key Highlights

  • Approximately 3,000 SF available, with an option for approximately 1,500 SF
  • Open workspace paired with two large private offices and cubicle‑style workstations
  • Private patio overlooks a scenic pond

Property Analytics

Current Use

Creative space

Suggested Use

Top Pick Dental Office Auto Repair Shop Restaurant Building Supply Electrical Service Storage Facility

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby

Demographics for 55422, MN

29,290
Population
13,082
Households
2.2
Avg Household Size
40
Median Age
46%
College-Educated
95%
High-School Grad
8.5 sq mi
ZIP Area
3,446
Density / Sq Mi
$91,173
Median Household Income
$55,759
Median Earnings
$1,576
Median Rent
$314,200
Median Home Value

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?
Creative space - Flexible workspace combines collaborative areas, private offices, workstations, and pond-facing outdoor space.
Where is this creative space located?
The property is located at 5101 Olson Memorial Highway Golden Valley, MN.
What are key features of this property?
This property features: Approximately 3,000 SF available, with an option for approximately 1,500 SF; Open workspace paired with two large private offices and cubicle‑style workstations; Private patio overlooks a scenic pond
More about this property
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