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    700 5Th St Hopkins, MN 55343

    Sponsored
    For Lease
    $9 SF/Yr

    Versatile Flex Space, 3,600 - 63,279 SF

    Lot size:
    114,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This Hopkins, Minnesota industrial property offers 114,800 total square feet, with 63,279 square feet currently available for lease. The space is highly adaptable, suitable for various uses including flex, R&D, manufacturing, warehouse, and distribution, thanks to flexible zoning. Units as small as 3,600 square feet are available, while the maximum contiguous space is 63,279 square feet. Built in 1987, the building features a 12.5-foot ceiling height, drive-in and dock doors, and ample parking. A tenant improvement package is available to customize the space to meet specific needs. The property enjoys a prime location in Hennepin County, with easy access to major highways including Highways 7, 62, 169, and 494, ensuring excellent transportation links. The address is 700 5th St S, Hopkins, MN 55343. This versatile space presents a unique opportunity for businesses seeking a functional and strategically located industrial facility.

    Property Features for 700 5Th St

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    114,800 SF
    Total Rate
    86100

    Building Details

    Year Built
    1987

    Unit(s) available at that property

    Space
    Suite 820
    Size
    8,721 SF
    Rate per SF
    $9
    Space
    Suite 800
    Size
    55,500 SF
    Rate per SF
    $9

    HighLights

    • 114,800‑square‑foot building.
    • Suites available from 3,600 to 64,221 square feet.
    • 12.5‑foot clear height.
    • NNN lease rate negotiable.
    • CAM and taxes: $5.95 PSF.
    • Built in 1987.
    Property Profile Location Intelligence

    Current Use by Public Records

    Park Nicollet Home ... Home Health Care Service Sutton Mary E Physical Therapist Capital Driving School Driving School Stacy C. Mosiman, ... Physical Therapist Steinhagen Amy J Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hopkins
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.411179112581
    Latitude
    44.916058063134

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    FAQs

    What type of property is this?
    Life science property - Versatile Flex Space, 3,600 - 63,279 SF
    Where is this life science property located?
    The property is located at 700 5Th St Hopkins, MN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 114,800-square-foot building.; Suites available from 3,600 to 64,221 square feet.; 12.5-foot clear height.
    Request Owner's contact information
    700 5Th St Hopkins, MN 55343
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    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
    700 5Th St Hopkins, MN 55343
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