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    FOR LEASE
    Industrial properties

    3440 Winpark Dr, Minneapolis, MN 55427

    8.92 ac lot Built 1967
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US46-0144071
    3440 Winpark Dr, Minneapolis, MN 55427 For Lease
    $13,150,000 142,325 SF available
    3440 Winpark Dr, Minneapolis, MN 55427
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    Property summary
    AI-generated overview

    This exceptional 6,810-square-foot executive office space is available for lease at 3440 Winpark Drive, New Hope, Minnesota, 55428. Located in Hennepin County, this single-tenant property offers a turnkey solution for businesses seeking a modern and efficient workspace. The entire building comprises 6,810 square feet, providing ample room for a variety of office configurations. The property boasts ample parking, ensuring convenient access for employees and clients. The building's classification as an "Executive Office" suggests a high level of finish and amenities, ideal for businesses seeking a prestigious location. The property is situated in Minneapolis, a vibrant and dynamic city offering a wealth of amenities and a strong business environment. This is a rare opportunity to secure a substantial, move-in ready office space in a desirable location. The property is currently vacant, allowing for immediate occupancy and customization to suit specific business needs. Interested parties are encouraged to inquire for further details and scheduling a viewing. This is a single-tenant occupancy property, providing privacy and control over the entire space.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1967
    Construction STEEL FRAME
    Lot 8.92 ac (388,555 SF)
    APN 20-118-21-22-0010
    UPID US46-0144071
    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
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $9.25M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $13.15M
    Owner & transaction history
    Mnjv Winpark LLC · 4 yrs held
    Mnjv Winpark LLC
    since 2022
    Last sale
    $13.2M
    4 recorded transactions
    2022
    $13.2M
    2020
    $11.1M
    1999
    $2.7M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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