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Investment Highlights

  • Prominent I-94 frontage
  • Generous parking with 97 stalls (3.8 per 1,000 SF) and ADA-accessible entry
  • Rooftop solar panels installed in 2024 for improved energy efficiency
  • High-speed internet with fiber and cable connectivity

Executive Summary

This two-story office and medical building combines modern design with excellent visibility along I-94, benefiting from exposure to more than 90,000 vehicles per day. Featuring a strong tenant roster with all occupants in good standing, the property is positioned as an ideal investment opportunity with long-term stability. Recent capital improvements include a new membrane roof installed in 2022, solar panel installation in 2024, and planned ADA upgrades in 2025. With fiber internet connectivity, updated common areas, and Business Park zoning, the property appeals to a variety of professional and healthcare tenants.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
25,610 SF
Building Class
A
Year Built
2007
Price
$8,611,363 CAD
Price Per SF
$336.25 CAD
Cap Rate
7.33%
NOI
$631,006 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,805 SF
Slab To Slab
11’
Building FAR
0.29
Lot Size
2.05 AC
Zoning
Commercial - Commercial
Parking
97 Spaces (3.79 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
  • Reception
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Fl-Ste 210
  • 2,598 SF
  • Office
  • Full Build-Out
  • Now

Available Suite 210 delivers a mix of private offices, open areas, and a reception space, well-suited for medical or professional office use. The suite offers connectivity with fiber internet and access to shared building amenities including an elevator and updated common spaces.

Space Size Space Use Build-Out Available
2nd Fl-Ste 210 2,598 SF Office Full Build-Out Now

2nd Fl-Ste 210

Size
2,598 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 210

Size 2,598 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Available Suite 210 delivers a mix of private offices, open areas, and a reception space, well-suited for medical or professional office use. The suite offers connectivity with fiber internet and access to shared building amenities including an elevator and updated common spaces.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
33-029-21-44-0037
Land Assessment
$883,445 CAD
Improvements Assessment
$5,398,590 CAD
Total Assessment
$6,282,036 CAD
  • Listing ID: 40226771

  • Date on Market: 2026-04-21

  • Last Updated:

  • Address: 8665 Hudson Blvd, Lake Elmo, MN 55042

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