Property profile

8060 University Ave Minneapolis, MN 55432

OFF-MARKET
Warehouses
3,254 SF Built 1983
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Property summary

AI-generated overview

This exceptional 3,254-square-foot warehouse, located at 8060 University Ave NE in Minneapolis, Minnesota, 55432, presents a unique opportunity. Built in 1983, this single-story industrial property sits on a generous 4.91-acre lot and offers excellent visibility from University Avenue, making it ideal for a variety of uses, including quasi-retail or storage. The entire building is currently vacant and available for lease as a single unit. The warehouse features a 14-foot ceiling height and one drive-in door, providing convenient access for loading and unloading. The property's total square footage is 3,254 square feet, with no possibility of dividing the space. Property taxes are $3.21 per square foot. This location provides easy access to major transportation routes and benefits from high traffic volume along University Avenue. The property's size and location make it an attractive option for businesses seeking a versatile and well-situated warehouse space in a thriving Minneapolis neighborhood. This is a rare opportunity to secure a substantial warehouse space with excellent visibility in a prime location.

Property profile

Verified
Property type Warehouses
Year built 1983
Total area 3,254 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
  • Big Box & Wholesale Store Shipping Company

Location

8060 University Ave Minneapolis, MN 55432
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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