7777 Washington Ave Edina, MN 55439
- Commercial real estate
- 7,040 SF
- 2.61 lot acres
Current Use by Public Records
- TIGER9INE CONSULTING / Consultant / Business Management Consultant
- Habitation Design / Interior Designer
- 9 Mile Gallery / Art Gallery
- Title Specialists, Inc. / Title Company
- Anna Riebel - State Farm Insurance Agent / Renter'S Insurance Agency / Insurance Agency
Property Details for 7777 Washington Ave
- Year built
- 1972
- Construction
- STEEL FRAME
- Lot size
- 2.61 lot acres
- Property size
- 7,040 SF
- Zone code
- PID
- Property type
- Commercial real estate
- APN
- 07-116-21-33-0005
- APU
- 711621330005
Description
The District Edina, located at 7777 Washington Ave S in Edina, Minnesota, 55439, offers exceptional office space for lease. This Class B, three-story building boasts 22,746 square feet on a 3.36-acre lot, providing a tranquil setting at the end of a wooded drive, yet conveniently accessible via Highways 169 and 494. The property features a modern mid-century design with beautiful showrooms and expansive common areas, including a shared patio overlooking Nine-Mile Creek. Four suites are currently available, ranging in size from 1,070 to 3,564 square feet, catering to various business needs. Ample parking is provided with 100 spaces. The building's prominent location ensures high visibility, with its large, two-sided digital signage visible to approximately 180,000 vehicles daily on Highways 169 and 494, plus an additional 8,000 vehicles on Washington Avenue. This Hennepin County property presents a unique opportunity for businesses seeking a blend of serene surroundings and exceptional exposure. The building's modern architecture and amenities create a desirable work environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,545,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,600,000
- 6.5%
- $1,525,000
- 7%
- $1,415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,590,000
- Geo Method
- $1,605,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,615,000
- Retail
- $1,560,000
- Mixed-Use
- $1,760,000
- Hospitality
- $1,775,000
- Educational
- $1,785,000
- Residential Income
- $1,320,000
- Energy
- $1,670,000
- Income-Based Land
- $1,480,000
- Food Service
- $1,275,000
Location Insight
- Map
- Local Demand
- City
- Edina
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.3976
- Latitude
- 44.8623
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
