4900 Highway 169 New Hope, MN 55428
This three-story, Class B office building, totaling 30,601 square feet, presents a compelling investment opportunity in Hennepin County. Built in 1980 and extensively renovated in 2019, the property boasts 1,170 square feet of immediately available space, with several suites ranging from 668 to 1,519 square feet. The building features a convenient multiple tenancy structure, offering flexibility for various business needs. Amenities include on-site management, a shared conference room, controlled access for enhanced security, and recently remodeled corridors. The property's location provides easy access to Highway 169, placing it within five minutes of Maple Grove and Plymouth. With ample parking (4.5 spaces per 1,000 square feet) and elevators for convenient access to all three floors, this building is well-suited for a variety of professional uses. Property taxes are $12 per square foot. The APN is 07-118-21-23-0016. This is a single building property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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