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    10921 Excelsior Blvd Hopkins, MN 55343

    For Lease
    $17 SF/Yr

    Large industrial space, multiple tenants. Excellent location, flexible lease terms.

    Lot size:
    47,402 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Hopkins, Minnesota industrial property, located at 10921 Excelsior Blvd, zip code 55343, offers 47,402 square feet of versatile space across a 4.9-acre lot. The single-story, Class C building, constructed in 1999, is ideally suited for manufacturing, flex, warehouse, or distribution uses. The property features 19 drive-in doors, a substantial 16-foot ceiling height, and heavy 3-phase power, making it suitable for a variety of industrial operations. The zoning is IX - TOD (Transit-Oriented Development), reflecting its prime location. The building is part of a larger complex with two additional buildings. This Hopkins Business Center location boasts convenient access to major freeways including US-169, Highway 7, and I-494, and will soon be near the Southwest Light Rail line. Its position in a dense retail area provides employees with nearby amenities. Two spaces are currently available, ranging from 1,800 to 3,600 square feet. The property offers flexibility in lease structures to accommodate various business needs. Hennepin County location. No elevators are present.

    Property Features for 10921 Excelsior Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,402 SF
    Class
    C
    Total Rate
    67152.83

    Building Details

    Year Built
    1999
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 107
    Size
    3,600 SF
    Rate per SF
    $17
    Space
    Suite 102
    Size
    1,800 SF
    Rate per SF
    $204

    HighLights

    • Highly adaptable space for various uses.
    • 16‑foot clear ceiling height.
    • Ready for immediate occupancy.
    • Convenient drive‑in loading.
    • Excellent freeway access via US 169, Hwy 7, and I‑494, plus proximity to new Southwest Light Rail Transit and thriving retail area.
    Property Profile Location Intelligence

    Current Use by Public Records

    AAMCO Transmissions & Total ... Transmission Shop Nicks roadside and transport ... Towing Service Hopkins Towing Towing Service Diversity Media Group ... Media Company Midwest Recovery and Transport Towing Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hopkins
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4183152
    Latitude
    44.9194079

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    FAQs

    What type of property is this?
    Distribution property - Large industrial space, multiple tenants. Excellent location, flexible lease terms.
    Where is this distribution property located?
    The property is located at 10921 Excelsior Blvd Hopkins, MN.
    What is the lease rate?
    The lease rate is $17-$204 SF/Yr.
    What are key features of this property?
    This property features: Highly adaptable space for various uses.; 16-foot clear ceiling height.; Ready for immediate occupancy.
    Request Owner's contact information
    10921 Excelsior Blvd Hopkins, MN 55343
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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
    10921 Excelsior Blvd Hopkins, MN 55343
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