Technical
Financial
Distress signals
Property profile

3440 Winpark Dr Minneapolis, MN 55427

FOR LEASE
Industrial properties
Property ID
US46-0144071
8.92 ac lot Built 1967
Entity Owned 4-yr Hold ~ Est. High Equity
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3440 Winpark Dr, Minneapolis, MN 55427 For Lease
$12,995,000 142,325 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

Location

3440 Winpark Dr Minneapolis, MN 55427
Minneapolis metro Census 21505 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.00M

Owner & transaction history

since 2022
Last sale
$13.2M
4 recorded transactions
2022
$13.2M
2020
$11.1M
1999
$2.7M
1969
Price N/A

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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