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Tamarack Hills - Office (E4) 652 Bielenberg Dr 19,536 SF 100% Leased Office Building Woodbury, MN 55125 $7,644,945 CAD ($391.33 CAD/SF) 6.64% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Two Story Office
  • Future Gold Line Metro Stop
  • Highly Visible Exterior Signage
  • Strong daily traffic counts

EXECUTIVE SUMMARY

Prime investment opportunity. Fully leased. Central location with restaurants, shopping, dental and medical clinics.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $192,337 $9.85
Operating Expenses $195,089 $9.99
Total Expenses $387,426 $19.83

FINANCIAL SUMMARY (ACTUAL - 2025)

Taxes (CAD)
Annual $192,337
Annual Per SF $9.85
Operating Expenses (CAD)
Annual $195,089
Annual Per SF $9.99
Total Expenses (CAD)
Annual $387,426
Annual Per SF $19.83

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
19,536 SF
Building Class
B
Year Built
2016
Price
$7,644,945 CAD
Price Per SF
$391.33 CAD
Cap Rate
6.64%
NOI
$507,899 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,768 SF
Slab To Slab
8’
Building FAR
1.31
Lot Size
0.34 AC
Zoning
C - Commercial

AMENITIES

  • 24 Hour Access
  • Central Heating
  • Direct Elevator Exposure
  • Natural Light
  • Plug & Play
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-028-21-31-0206
Land Assessment
$638,674 CAD (2024)
Improvements Assessment
$6,052,968 CAD (2024)
Total Assessment
$6,691,642 CAD (2024)
Annual Taxes
$192,337 CAD ($9.85 CAD/SF)
Tax Year
2025
  • Listing ID: 22497793

  • Date on Market: 2021-03-17

  • Last Updated:

  • Address: 652 Bielenberg Dr, Woodbury, MN 55125

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