Property profile

10050 Crosstown Cir Eden Prairie, MN 55344

FOR LEASE
Commercial real estate
Property ID
US46-0144940
29,060 SF 10.92 ac lot Built 1998
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Crosstown Preserve, a prestigious Class A office building in Eden Prairie, Minnesota, offers exceptional office space for lease. Located at 10050 Crosstown Cir, 55344, this 181,224 square foot building enjoys a prime location at the intersection of Highways 169 and 62, providing convenient access to Edina, Minnetonka, and the entire Twin Cities metro area. The building features expansive window lines and unobstructed views, creating a tranquil and productive work environment. Recent lobby and amenity improvements enhance the tenant experience, exceeding expectations. Multiple tenancy options are available, with spaces ranging from a minimum of 2,628 square feet to a maximum contiguous space of 32,097 square feet. Currently, 47,977 square feet of space is vacant. The building's strategic location along Highway 169, a major thoroughfare in the Twin Cities, places it near numerous corporate headquarters, including UnitedHealth Group, General Mills, Starkey Labs, and Optum. This Hennepin County property offers a sophisticated and convenient workspace for businesses of all sizes. Contact us today to learn more about available suites and leasing options.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1998
Construction WOOD FRAME
Total area 29,060 SF
Lot 10.92 ac (475,675 SF)
Zoning code OFC
APN 01-116-22-11-0013
UPID US46-0144940

Cap rate & NOI

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

Location

10050 Crosstown Cir Eden Prairie, MN 55344
Eden Prairie metro Census 26007 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.95M
Comparable Approach Comparable
$3.96M
Blend (final) Blend
$4.83M

Owner & transaction history

since 2019
7 recorded transactions
2023
Price N/A
2023
Price N/A
2023
Price N/A
2019
$19.6M
2019
Price N/A
2015
$16.0M
2015
Price N/A

Zoning & alternative use

OFC · Eden Prairie, MN
Zoning description

Office (OFC) Front Yard Setback 35 ft Side Yard Setback 10 ft Rear Yard Setback 10 ft Maximum Height 15 ft Subd. 4. Requirements and Conditions. In addition to the provisions of this chapter that are applicable to all di…

General category COMMERCIAL

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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More about this property
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