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Office Golf | Value-Add Investment 7807 Creekridge Cir 42,303 SF 95% Leased Office Building Bloomington, MN 55439 $10,417,125 CAD ($246.25 CAD/SF) 7.77% Cap Rate



INVESTMENT HIGHLIGHTS
- Value-Add Investment
- Evolving Office Market
- Well-Connected and Accessible
- Upgraded Building
- Premier Location with Exceptional Visibility
- Numerous Amenities Nearby
EXECUTIVE SUMMARY
Value-Add Investment -
A compelling value-add investment opportunity with built-in flexibility for an owner-user. At closing, Office Golf will execute a new five-year lease, providing immediate income stability. All existing tenants will remain in place under separate leases, offering diversified cash flow while preserving operational control for the owner. The property’s adaptable layout allows ownership to efficiently reposition space as leases roll, creating a clear path to owner occupancy or alternative configurations. This embedded flexibility, combined with stable in-place income and tenant diversification, delivers both near-term cash flow and long-term upside.
Upgraded Building -
The building was transformed in 2023 with extensive amenities and improvements. The property is anchored by a year-round golf-entertainment-event venue, led by a top-tier team of golf professionals. Experience the unique experience that Minnesota has truly welcomed and supported. Other features include a large conference room, executive professional suites, an on-site restaurant, three different bars, a 3-story atrium, & underground parking.
Evolving Office Market -
The shift toward smaller, more flexible office spaces with added amenities continues to shape tenant preferences. This property aligns well with current market trends, offering a right-sized footprint, an easily accessible location, ample on-site parking, and proximity to numerous amenities, making it an attractive option for a variety of tenants.
Premier Location with Exceptional Visibility -
Situated just off Interstate 494, this property enjoys high visibility from one of the Twin Cities' busiest thoroughfares. Positioned in a highly populated area with nearly 900,000 residents within a 10-mile radius, it offers strong market demographics and sits near vibrant retail hubs along the I-494 corridor.
Well-Connected and Accessible -
The property is minutes from key highways including highways 100, 169, and I-494., ensuring quick access to downtown Minneapolis, the greater metro area, and beyond. The property is also conveniently located just 10 minutes from the Minneapolis-St. Paul International Airport (MSP).
Numerous Amenities Nearby -
The property is within a short distance of shopping centers, hotels, restaurants, and entertainment venues, including the world-renowned Mall of America. The surrounding area supports a wide range of business needs, from dining and lodging to retail and recreation.
A compelling value-add investment opportunity with built-in flexibility for an owner-user. At closing, Office Golf will execute a new five-year lease, providing immediate income stability. All existing tenants will remain in place under separate leases, offering diversified cash flow while preserving operational control for the owner. The property’s adaptable layout allows ownership to efficiently reposition space as leases roll, creating a clear path to owner occupancy or alternative configurations. This embedded flexibility, combined with stable in-place income and tenant diversification, delivers both near-term cash flow and long-term upside.
Upgraded Building -
The building was transformed in 2023 with extensive amenities and improvements. The property is anchored by a year-round golf-entertainment-event venue, led by a top-tier team of golf professionals. Experience the unique experience that Minnesota has truly welcomed and supported. Other features include a large conference room, executive professional suites, an on-site restaurant, three different bars, a 3-story atrium, & underground parking.
Evolving Office Market -
The shift toward smaller, more flexible office spaces with added amenities continues to shape tenant preferences. This property aligns well with current market trends, offering a right-sized footprint, an easily accessible location, ample on-site parking, and proximity to numerous amenities, making it an attractive option for a variety of tenants.
Premier Location with Exceptional Visibility -
Situated just off Interstate 494, this property enjoys high visibility from one of the Twin Cities' busiest thoroughfares. Positioned in a highly populated area with nearly 900,000 residents within a 10-mile radius, it offers strong market demographics and sits near vibrant retail hubs along the I-494 corridor.
Well-Connected and Accessible -
The property is minutes from key highways including highways 100, 169, and I-494., ensuring quick access to downtown Minneapolis, the greater metro area, and beyond. The property is also conveniently located just 10 minutes from the Minneapolis-St. Paul International Airport (MSP).
Numerous Amenities Nearby -
The property is within a short distance of shopping centers, hotels, restaurants, and entertainment venues, including the world-renowned Mall of America. The surrounding area supports a wide range of business needs, from dining and lodging to retail and recreation.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
42,303 SF
Building Class
B
Year Built/Renovated
1983/2023
Price
$10,417,125 CAD
Price Per SF
$246.25 CAD
Cap Rate
7.77%
NOI
$809,230 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
14,100 SF
Slab To Slab
12’
Building FAR
0.53
Lot Size
1.83 AC
Zoning
FD-2 - Freeway Development
Parking
164 Spaces (3.88 Spaces per 1,000 SF Leased)
AMENITIES
- Fitness Center
- Restaurant
- Signage
- Outdoor Seating
- Balcony
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 3rd Floor | 16,041 SF | Office | Shell Space | 30 Days |
3rd Floor
| Size |
| 16,041 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| 30 Days |
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Floor
| Size | 16,041 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | 30 Days |
1 1
PROPERTY TAXES
| Parcel Number | 17-116-21-21-0006 | Improvements Assessment | $4,545,982 CAD |
| Land Assessment | $1,309,774 CAD | Total Assessment | $5,855,756 CAD |
PROPERTY TAXES
Parcel Number
17-116-21-21-0006
Land Assessment
$1,309,774 CAD
Improvements Assessment
$4,545,982 CAD
Total Assessment
$5,855,756 CAD
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Office Golf | Value-Add Investment | 7807 Creekridge Cir
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