Turnkey Office Suite with Private
8053 E Bloomington Fwy Bloomington, MN 55420
For Sale
Contact for pricing
Turnkey office space offering private offices, reception, and a flexible work area with strong natural light.
Property Size1,367 SF
Price / SF$208.49
Days on Market202
Property Features for 8053 E Bloomington Fwy
General Information
Standard status
Active
Size
1,367 SF
Property subtype
OFFICE
Listing Agency:
Kenwood Commercial
(612) 242-8820
Listed By:
Mike Doyle
(612) 242-8820
Source:
Moodyscre
Added: Jan 8
Changed: Jul 25
Last Checked: Jul 28 at 4:20PM
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.
This turnkey office suite features a functional layout designed for professional use, including private offices, a reception area, and a flexible work area. The space is noted for strong natural light.
The property is located in Bloomington at the intersection of I-494 and Penn Ave South, within a commercial setting with nearby retail and hospitality and proximity to MSP International Airport.
For practical day-to-day operations, the suite’s mix of private offices and reception supports client-facing workflows while maintaining flexibility for additional work areas.
The property is located in Bloomington at the intersection of I-494 and Penn Ave South, within a commercial setting with nearby retail and hospitality and proximity to MSP International Airport.
For practical day-to-day operations, the suite’s mix of private offices and reception supports client-facing workflows while maintaining flexibility for additional work areas.
Key Highlights
- Turnkey professional office space with private offices, reception, and a flexible work area
- Efficient layout includes private offices, reception, and flexible work space
- Strong natural light throughout the professional space
Financial Insights For Office B
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 | $30.0k | $21.96 |
| − Vacancy | −$8.4k | −$6.13 |
| EGI | $21.6k | $15.83 |
| − OpEx | −$5.4k | −$3.96 |
| NOI | $16.2k | $11.87 |
1,367 SF · lease $21.96/SF/yr · vacancy 27.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$231.9K
$202.9K – $270.6K
NOI $16,233 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$326.1K
$285.4K – $380.5K
NOI $22,830 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Turnkey office space offering private offices, reception, and a flexible work area with strong natural light.
Where is this office units located?
The property is located at 8053 E Bloomington Fwy Bloomington, MN.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Turnkey professional office space with private offices, reception, and a flexible work area; Efficient layout includes private offices, reception, and flexible work space; Strong natural light throughout the professional space
