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Property profile & analytics
OFF-MARKET
Office Spaces

4900 Highway 169 New Hope, MN 55428

30,601 SF Built 1980
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1980
Total area 30,601 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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