Move-In Ready Office
8053 E Bloomington Fwy Bloomington, MN 55420
8053 E Bloomington Fwy, Bloomington, MN, 55420
Contact for pricing
For Sale
Contact for pricing
Office building with private offices, reception, conference space, and open areas, with easy access to I-494 and I-35W.
Property Size2,925 SF
Price / SF$205.13
Days on Market195
Property Features for 8053 E Bloomington Fwy
General Information
- Standard status
- Active
- Size
- 2,925 SF
- Property subtype
- OFFICE
Properties For Sale
at 8053 E Bloomington Fwy Contact us
Listing agency
Kenwood Commercial
(612) 242-8820
Listed by
Mike Doyle
(612) 242-8820
Source
Moodyscre
Added: Jan 8 Updated: Jul 21 at 10:48PM Checked: Jul 22 at 3:51AM
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
Investment Insights
Based on property information with market context.
Located at 8053 E Bloomington Fwy, this move-in ready professional office building is designed for flexible occupancy. Interior layouts include private offices, reception areas, conference space, and open areas that can be configured as needed.
The property is positioned in Bloomington near I-494 and Penn Ave South, with easy access to both I-35W and I-494. Green space sits just south of the building, and Bryant Lake Park is to the east with Penn Lake Park to the west.
This offering is structured as an owner/user or investor opportunity, with office spaces arranged to support a variety of business and health-related service needs as described in the public remarks.
The property is positioned in Bloomington near I-494 and Penn Ave South, with easy access to both I-35W and I-494. Green space sits just south of the building, and Bryant Lake Park is to the east with Penn Lake Park to the west.
This offering is structured as an owner/user or investor opportunity, with office spaces arranged to support a variety of business and health-related service needs as described in the public remarks.
Key Highlights
- Professional office building with move‑in ready layouts including private offices, reception, conference space, and open areas
- Located at I‑494 and Penn Ave South in Bloomington
- Easy access to I‑35W and I‑494
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.3k | $31.20 |
| − Vacancy | −$16.9k | −$5.77 |
| EGI | $74.4k | $25.43 |
| − OpEx | −$29.8k | −$10.17 |
| NOI | $44.6k | $15.26 |
2,925 SF · lease $31.20/SF/yr · vacancy 18.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$637.5K
$557.8K – $743.8K
NOI $44,626 @ 7.0% cap · market cap 7.44%
Second Best
Office B
$496.2K
$434.2K – $578.9K
NOI $34,734 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$697.8K
$610.6K – $814.2K
NOI $48,849 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Office building with private offices, reception, conference space, and open areas, with easy access to I-494 and I-35W.
Where is this office building located?
The property is located at 8053 E Bloomington Fwy Bloomington, MN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Professional office building with move‑in ready layouts including private offices, reception, conference space, and open areas; Located at I‑494 and Penn Ave South in Bloomington; Easy access to I‑35W and I‑494
