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Flex Building with Fenced Storage
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9240-9270 Bryant Ave S, Bloomington, MN 55420

Owner-user flex property combining substantial warehouse space with dedicated office areas and permitted outdoor storage.

Property Size30,000 SF
Lot Size2.47 Acres
Price / SF$118.33
Days on Market254
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Property Features for 9240-9270 Bryant Ave S

General Information

Standard status Active
Size 30,000 SF
Lot size 2.47 Acres
Property subtype INDUSTRIAL

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 14.6 ft
Warehouse Space 20,000 SF
Office Build-Out 10,000 SF
Dock-High Doors 2
Drive-In Doors 5

Building Details

Building Size 30,000 SF
Listing Agency: TaTonka Real Estate Advisors
Listed By: Ron Moss
Source: Moodyscre
Added: Feb 3 Changed: Oct 14 Last Checked: Oct 15 at 1:42AM

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 TaTonka Real Estate Advisors

Investment Insights

Based on property information with market context.

This flex property at 9240-9270 Bryant Ave S contains 30,000 SF on 2.47 acres, with approximately one-third of the building configured as office space and two-thirds as warehouse area. The property includes two loading docks, five drive-in doors, and clear heights ranging from 9’ to 14.6’. A new roof was completed in 2025, while the parking lot and mechanical systems are newer. Fenced outdoor storage is permitted, adding functional yard capacity to the building improvements.

The Bloomington property is scheduled to become available 7/1/2026. Its combination of office, warehouse, loading, and permitted storage areas supports owner-user operations requiring both indoor work areas and secured exterior space.

Key Highlights

  • 30,000 SF flex building situated on 2.47 acres
  • One‑third office and two‑thirds warehouse configuration
  • Fenced outdoor storage is permitted

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$325,912
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,518,240 $6.5M
Cap Rate 7%
$4,655,886 $4.7M
Cap Rate 9%
$3,621,244 $3.6M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$486.0K $16.20/SF
− Vacancy
−$20.4K −$0.68/SF
EGI
$465.6K $15.52/SF
− OpEx
−$139.7K −$4.66/SF
NOI
$325.9K $10.86/SF
Area
Hennepin County, MN
Vacancy
4.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,518,240
Cap Rate 7%
$4,655,886
Cap Rate 9%
$3,621,244

Alternative Uses

Best Use
Warehouse
$5.65M
$4.95M – $6.60M (±1% cap)
NOI $395,750 @ 7.0% cap · market cap 11.15%
Second Best
Office B
$5.09M
$4.45M – $5.94M (±1% cap)
NOI $356,246 @ 7.0% cap · market cap 10.04%
Theoretical Best
Office A
$7.16M
$6.26M – $8.35M (±1% cap)
NOI $501,016 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage Hotel & Motel Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height
2
Dock-high doors
5
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

817
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55420, MN

23,128
Population
9,638
Households
2.4
Avg Household Size
39
Median Age
31%
College-Educated
86%
High-School Grad
6.7 sq mi
ZIP Area
3,452
Density / Sq Mi
$77,539
Median Household Income
$42,441
Median Earnings
$1,277
Median Rent
$306,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • Twist Of Soul Catering LLC — Bloomington, MN 55431

Frequently Asked Questions

What type of property is this?
Flex space - Owner-user flex property combining substantial warehouse space with dedicated office areas and permitted outdoor storage.
Where is this flex space located?
The property is located at 9240-9270 Bryant Ave S Bloomington, MN.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: 30,000 SF flex building situated on 2.47 acres; One‑third office and two‑thirds warehouse configuration; Fenced outdoor storage is permitted
(612) 466-7307 Call to check price and availability
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