Listing Agency: CBRE - Minnesota b***@cbre.com Show Phone

Listed By: Bryan Van Hoof Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 13 Last Checked: Aug 23 at 7:56AM

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Investment Insights

Based on property information with market context.

A 40,736 square foot space is available within a 217,000 square foot building. The building, identified as Building 2, was delivered in December 2024 and is located at 651 Douglas Drive North, Golden Valley, MN, 55422.

Key Highlights

• 217,000 SF building delivered December 2024
• 40,736 SF available

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store HVAC Service Parking Lot & Garage

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

163

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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 Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse space available in Golden Valley, delivered December 2024.

Where is this warehouse located?

The property is located at 651 Douglas Drive North Golden Valley, MN.

What are key features of this property?

This property features: 217,000 SF building delivered December 2024; 40,736 SF available