Property profile

6160 Summit Dr Brooklyn Center, MN 55430

FOR LEASE
Commercial real estate
Property ID
US46-0872445
111,907 SF 5.8 ac lot Built 1986
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, the 6160 Summit, offers a total of 104,063 square feet of space in a single, six-story structure built in 1986. Located in Hennepin County, Minnesota, at the strategic intersection of Interstate 694 and Highway 100 in Brooklyn Center, this property boasts unparalleled accessibility. Three office spaces are currently available, ranging from 1,055 to 9,905 contiguous square feet, making it suitable for a variety of business needs. The building sits on a 5.8-acre lot and features elevators for convenient access to all floors. Its prime location provides easy access to major thoroughfares including Interstates 494, 394, and Highways 169, 55, 252, and 47, ensuring seamless connectivity throughout the greater Minneapolis/St. Paul area. Furthermore, its proximity to the Minneapolis/St. Paul Airport (under 30 minutes away) adds to its appeal. The building currently houses a diverse tenant mix, including both medical and general office users, reflecting its versatility and desirability. This is a rare opportunity to secure high-quality office space in a highly sought-after location. The building's size and layout offer flexibility for businesses of various sizes.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Construction STEEL FRAME
Total area 111,907 SF
Lot 5.8 ac (252,648 SF)
APN 35-119-21-43-0017
UPID US46-0872445

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Employment Agency
  • Home Health Care Service Assisted Living Facility
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Medical Clinic
  • Advocacy Group

Location

6160 Summit Dr Brooklyn Center, MN 55430
Brooklyn Center metro Census 20201 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.77M
Blend (final) Blend
$9.46M

Owner & transaction history

since 2022
Last sale
$11.4M
5 recorded transactions
2024
Price N/A
2022
$11.4M
2018
$5.5M
2018
$8.0M
2014
$4.5M

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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