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    5985 Rice Creek Pkwy Shoreview, MN 55126

    For Lease
    $13 SF/Yr

    Prime Shoreview Office Space Available

    Lot size:
    25,138 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-story office building, located at 5985 Rice Creek Pkwy in Shoreview, Minnesota, 55126, offers a total of 25,138 square feet of versatile professional office space. Currently, there are three individual suites available, ranging in size from 2,240 to 2,625 square feet, providing flexibility for businesses of various sizes. The building's convenient location in Shoreview offers easy access to major transportation routes, ensuring seamless commutes for employees and clients. The property boasts a multi-tenant occupancy, fostering a vibrant and collaborative work environment. With 2,183 square feet currently vacant, this presents a unique opportunity for businesses seeking immediate occupancy. The building's modern design and well-maintained structure provide a professional and inviting atmosphere. The available spaces are ideal for a variety of professional uses, offering ample space for offices, meeting rooms, and support areas. This is a prime opportunity to establish or expand your business in a thriving community. The building's strategic location and readily available space make it an attractive option for businesses seeking a high-quality, functional workspace. Contact us today to schedule a viewing and explore the possibilities of making this exceptional Shoreview office building your new home.

    Property Features for 5985 Rice Creek Pkwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,138 SF
    Total Rate
    27232.83

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Suite 203
    Size
    2,592 SF
    Rate per SF
    $13
    Space
    Suite 200
    Size
    2,625 SF
    Rate per SF
    $13
    Space
    Suite 202
    Size
    2,240 SF
    Rate per SF
    $13

    HighLights

    • 2,240 - 2,625 SF of available space.
    • Abundant natural light with 9‑foot ceilings.
    • Prime location, east of the Medtronic building.
    • Monument signage opportunity.
    • Easy I‑35W access.
    • Nearby amenities include restaurants, a hotel, and a gas station.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shoreview
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1860382
    Latitude
    45.1229017

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    FAQs

    What type of property is this?
    Office space - Prime Shoreview Office Space Available
    Where is this office space located?
    The property is located at 5985 Rice Creek Pkwy Shoreview, MN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 2,240 - 2,625 SF of available space.; Abundant natural light with 9-foot ceilings.; Prime location, east of the Medtronic building.
    Request Owner's contact information
    5985 Rice Creek Pkwy Shoreview, MN 55126
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    Realmo Value Estimation

    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.

    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.

    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
    5985 Rice Creek Pkwy Shoreview, MN 55126
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