Property profile

7201 78Th St Minneapolis, MN 55439

OFF-MARKET
Office Spaces
26,351 SF Built 1983
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Property summary

AI-generated overview

This exceptional three-story office building, located at 7201 W. 78th Street in Minneapolis, Minnesota, presents a compelling investment opportunity. Boasting 26,351 square feet of space, this Class B property offers a blend of traditional and executive office suites, ideal for multiple tenants. Constructed in 1983 and extensively renovated in 2016, the building is well-maintained and features ample parking with a 4:1 ratio. Convenient elevator access serves all three floors. The property sits on a 1.56-acre lot, providing significant outdoor space. Its strategic location along West Bush Lake Road offers direct visibility from the heavily trafficked I-494 corridor, providing excellent access to Bloomington's thriving commercial area. The property is zoned for Neighborhood Office use and benefits from its proximity to numerous parks and green spaces. The Hennepin County location (APN 17-116-21-22-0033) and 55439 zip code ensure easy access to a robust workforce and amenities. Currently, one 1,986 square foot space is available. This property represents a strong investment in a desirable Minneapolis location.

Property profile

Verified
Property type Office Spaces
Year built 1983
Total area 26,351 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Physician
  • Garden Center
  • Medical Clinic
  • Consultant
  • Charitable Organization Social Service Agency

Location

7201 78Th St Minneapolis, MN 55439
Minneapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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