941 Hillwind NE Rd, Fridley, MN 55432-5962
This exceptional three-story office building, totaling 40,000 square feet, presents a unique opportunity for businesses seeking flexible and convenient workspace in Fridley, Minnesota. Built in 1987, the property offers multiple tenancy options, with spaces ranging from a minimum of 1,522 square feet to a maximum contiguous space of 10,387 square feet. Five spaces are currently available. The building's strategic location on a frontage road provides easy access to major transportation arteries, including I-694 and Highway 65, placing it within close proximity to the Medtronic World Headquarters. This convenient suburban location offers employees access to a variety of nearby amenities, including Target, Petco, Lifetime Fitness, restaurants, and hotels. The building features ample parking with 74 spaces total, including 16 climate-controlled indoor spaces. The first floor is above ground level, offering convenient access and enhanced security. The building's design allows for customization, making it suitable for a wide range of businesses and their specific needs. This is an ideal location for companies seeking a blend of accessibility, amenities, and adaptable workspace.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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.