5985 Rice Crk Pkwy Shoreview, MN 55126-5038
This exceptional two-story office building, located at 5985 Rice Creek Pkwy in Shoreview, Minnesota, 55126, offers a total of 25,138 square feet of versatile professional office space. Currently, there are three individual suites available, ranging in size from 2,240 to 2,625 square feet, providing flexibility for businesses of various sizes. The building's convenient location in Shoreview offers easy access to major transportation routes, ensuring seamless commutes for employees and clients. The property boasts a multi-tenant occupancy, fostering a vibrant and collaborative work environment. With 2,183 square feet currently vacant, this presents a unique opportunity for businesses seeking immediate occupancy. The building's modern design and well-maintained structure provide a professional and inviting atmosphere. The available spaces are ideal for a variety of professional uses, offering ample space for offices, meeting rooms, and support areas. This is a prime opportunity to establish or expand your business in a thriving community. The building's strategic location and readily available space make it an attractive option for businesses seeking a high-quality, functional workspace. Contact us today to schedule a viewing and explore the possibilities of making this exceptional Shoreview office building your new home.
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
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.