3490 Lexington N Ave Shoreview, MN 55126-8074
This exceptional Shoreview, MN office property, located at 3490 Lexington Ave N, offers a prime opportunity for businesses seeking flexible and modern workspace. The building, constructed in 1982, boasts a total of 59,327 square feet, currently housing multiple tenants. A significant advantage is the availability of two immediately available office spaces, ranging from 879 to 3,173 square feet, providing options for businesses of various sizes. The building's traditional office design offers a classic and professional atmosphere, ideal for a range of industries. The property's convenient location in Shoreview, MN, zip code 55126, ensures easy access to major transportation routes and local amenities. With 3,173 square feet currently vacant, this presents a unique chance to secure a substantial space or expand existing operations within a well-established building. The multiple tenancy structure fosters a collaborative environment and provides a sense of community. This is an excellent opportunity to establish or expand your business in a thriving location with readily available office space. The property's size and layout offer considerable versatility, making it suitable for a wide array of business needs. Interested parties are encouraged to inquire about the available spaces and explore the possibilities this property offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B · Shoreview, MNShoreview. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.