Two-Unit Corner Office
For Sale
Contact for pricing
7965 Stone Creek Dr, Chanhassen, MN 55317
Units 10 and 110 offer established office buildouts within a corner configuration.
Property Size3,072 SF
Price / SF$190.43
Days on Market56
Property Features for 7965 Stone Creek Dr
General Information
Standard status
Active
Size
3,072 SF
Property subtype
OFFICE
Additional Details
Office Units
2
Listing Agency:
Silverstone Realty and Development, LLC
(952) 856-6231
Listed By:
Jonathan Adam
(612) 859-3659
Source:
Moodyscre
Added: Aug 13
Changed: Sep 11
Last Checked: Oct 5 at 5:40PM
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 Silverstone Realty and Development, LLC
Investment Insights
Based on property information with market context.
Units 10 and 110 comprise an office property with 3,072 square feet overall. Each unit contains 1,536 square feet and occupies a corner position within the building, providing a defined configuration for office use. The spaces feature existing office buildouts, allowing the property to be evaluated as two separate office units under one offering.
The property is located at 7965 Stone Creek Dr in Chanhassen, Minnesota. Its two-unit layout and corner placement provide the primary physical characteristics of this office offering.
The property is located at 7965 Stone Creek Dr in Chanhassen, Minnesota. Its two-unit layout and corner placement provide the primary physical characteristics of this office offering.
Key Highlights
- Two office units offered together: Units 10 and 110
- 1,536 sf in each unit
- 3,072 square feet total property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,480
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$729,600
$729.6K
Cap Rate 7%
$521,143
$521.1K
Cap Rate 9%
$405,333
$405.3K
Market Conditions
NOI Build-Up for 3,072 SF
Gross rent
$67.5K $21.96/SF
− Vacancy
−$18.8K −$6.13/SF
EGI
$48.6K $15.83/SF
− OpEx
−$12.2K −$3.96/SF
NOI
$36.5K $11.87/SF
Area
Carver County, MN
Vacancy
27.90%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$729,600
Cap Rate 7%
$521,143
Cap Rate 9%
$405,333
Alternative Uses
Best Use
Office B
$521.1K
$456.0K – $608.0K
NOI $36,480 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$732.9K
$641.3K – $855.1K
NOI $51,304 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
221
Businesses Nearby
Explore this area
Business Placement
Demographics for 55317, MN
21,774
Population
8,731
Households
2.5
Avg Household Size
41
Median Age
64%
College-Educated
98%
High-School Grad
13.1 sq mi
ZIP Area
1,662
Density / Sq Mi
$133,573
Median Household Income
$65,655
Median Earnings
$1,763
Median Rent
$505,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Units 10 and 110 offer established office buildouts within a corner configuration.
Where is this office units located?
The property is located at 7965 Stone Creek Dr Chanhassen, MN.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Two office units offered together: Units 10 and 110; 1,536 sf in each unit; 3,072 square feet total property size
