Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Fridley Flex/Industrial Space Available Title is generated by Realmo AI

    7920-7954 University Ave NE, Fridley, MN

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2,349 SF flex/industrial space for lease in Fridley, MN.

    Type:FLEX_R_AND_D
    Property size:
    2,349 SF
    Lot size:
    2.90 Acres
    Added:
    Nov 23, 2025
    Days on Market:
    180
    Last Refresh:
    Apr 5 at 8:28 pm

    Property Features for 7920-7954 University Ave NE

    General Information

    Standard status
    Active
    Size
    2,349 SF
    Lot size
    2.90 Acres
    Property subtype
    FLEX_R_AND_D

    Spaces For Lease

    at 7920-7954 University Ave NE Contact us

    We can help!

    Listing Contact
    Eli Russell
    Eli Russell

    Listing agent Eli Russell

    Listing office JGM Properties

    Listing date Nov 23, 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 JGM Properties

    HighLights

    • 2,349 SF in total.

    Overview

    This property offers 2,349 square feet of flex and industrial space. Located in Fridley, Minnesota, the property is suitable for a variety of business operations.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    • Done Right Food — 4305 Central Ave NE, Columbia Heights, MN 55421
    • Halal Burger & Fries — 765 53rd Ave NE, Minneapolis, MN 55421
    • Aqua restaurant — 4716 6th St NE, Minneapolis, MN 55421

    Map

    City
    Fridley
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2599459
    Latitude
    45.0563001

    Nearby Similar for Lease

    • $16 SF/Yr
      2,161 SF

      Medical Office Space for Rent

      Prime location with skyway access to Mercy Hospital.
      500 Osborne Rd NE, Fridley, MN
      View Details
    • Contact for pricing
      39,694 SF

      Industrial Space Available for Lease

      Industrial space available for lease starting 9/1/2024.
      5101 Industrial Blvd NE, Fridley, MN 55421
      View Details
    • $12 SF/Yr
      5,757 SF

      Fridley Medical/Office Endcap Space

      5,757 sf space with high visibility on University Avenue.
      7201-7245 University Ave, Fridley, MN
      View Details
    • $18 SF/Yr
      14,625 SF

      Medical Office Space For Rent

      Prime location with skyway access to Mercy Hospital.
      480 Osborne Rd NE, Fridley, MN
      View Details
    • $11 SF/Yr
      6,204 SF

      Fridley Flex Space Available

      Office/warehouse/flex space available in University Business Center.
      8000-8090 University Ave NE, Fridley, MN
      View Details
    • $22 SF/Yr
      1,276 SF

      Fridley Office Space Available

      Office space for lease in Fridley, convenient location.
      6299 NE University Ave, Fridley, MN
      View Details
    • $20 SF/Yr
      338 SF

      Two-Story Office Building For Rent

      Two-story office building with easy highway access and pylon signage.
      7671 Central Ave NE, Fridley, MN
      View Details
    • Contact for pricing
      3,240 SF

      Prime Office Space Near Medtronic

      Office space with easy access to highways and nearby amenities.
      Hillwind Rd NE 941, Fridley, MN
      View Details
    • Contact for pricing

      Fridley Warehouse Space Available

      Warehouse space available for lease in Fridley, Minnesota.
      7350 Commerce Lane, Fridley, MN 55432
      View Details
    • $9 SF/Yr
      8,156 SF

      Fridley Office Warehouse Space

      8,156 SF office warehouse with convenient access to I-694.
      350 73rd Ave NE, Fridley, MN
      View Details
    • $10 SF/Yr
      1,590 SF

      Office Space with High Ceilings

      Office space featuring high ceilings, large windows, and free parking.
      1250 E Moore Lake Dr, Fridley, MN
      View Details
    • $12 SF/Yr
      19,558 SF

      Fridley Office Space for Lease

      Unique office space suitable for therapists, nonprofits, and general office.
      7590 Lyric Ln NE, Fridley, MN
      View Details

    FAQs

    What type of property is this?
    Flex space - 2,349 SF flex/industrial space for lease in Fridley, MN.
    Where is this flex space located?
    The property is located at 7920-7954 University Ave NE Fridley, MN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 2,349 SF in total.
    (612) 290-1037 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Eli Russell
    Eli Russell
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7920-7954 University Ave NE, Fridley, MN
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!