Property summary
This exceptional Class A office building, located at 10801 Wayzata Blvd in Minnetonka, Minnesota, offers 41,496 square feet of premium workspace spread across three stories. Situated on a 2.84-acre lot, the property boasts excellent visibility from I-394, ensuring high brand recognition and accessibility. The building provides ample parking with 132 spaces, a generous ratio of 3.21 spaces per 1,000 square feet, including convenient underground parking. Its prime location offers unparalleled convenience, being just a mile from the Ridgedale Center, a major shopping mall encompassing approximately 140 retail tenants and anchored by JCPenney, Nordstrom, and Macy's. This strategic location provides employees and clients with easy access to a wide array of amenities and services. The property also includes the option of acquiring existing furniture, offering a seamless transition for new occupants. The asking price is negotiable, presenting a unique opportunity for businesses seeking a high-quality, well-located office space in the thriving Minnetonka market. The property's zip code is 55305, and it is located in Hennepin County.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the planned I-394 district is to establish a comprehensive, planned framework for development within the I-394 corridor.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
PID · Minnetonka, MNThe purpose of the planned I-394 district is to establish a comprehensive, planned framework for development within the I-394 corridor.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the planned I-394 district is to establish a comprehensive, planned framework for development within the I-394 corridor.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PID in Minnetonka, MN.
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Find the owner behind the property.
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