Bloomington Industrial

9649 Humboldt Ave S Space
East Bloomington, Bloomington, MN
# **Inactive- Leased** 9649 S Humboldt Avenue **Year Built:** 1978 (Significant upgrades in 2013) **Land Area: 0.72 Building Square Feet: 12,907** #### Square Feet Available: **OPTION 1: 12,907 square feet total** 9,493 square feet warehouse 1,707 square feet 1st floor office 1, 707 square feet 2nd floor office \* Owner is willing to lease the 2nd floor office space separately **OPTION 2: 7,068 square feet total** 5,873 square feet warehouse 1,195 square feet 1st floor office \* Tenant occupying 4,132 sf identified on floor plan will stay or vacate. Terms available upon request. \* Owner is willing to lease the 2nd floor office space separately #### Property Information **Clear Height:** 18'**  Parking:** 20 surface stalls **Loading:** One (1) dock and Three (3) drive-ins **Office Rates:** $9.00 per square foot **Warehouse Rates:** $5.00 per square foot **2016 Real Estate Taxes:** $27,401.62 (Building) **Zoning:** I-3 Industrial **Floor Thickness - Main Level:** • 6" thick in office • 8" thick in warehouse **Price:** $1,500,000**  Description:** 0.74 acres (32,054 sf) outside storage at neighboring site  \> Fenced, paved and zoned for outdoor storage use \*Currently leased. Terms available upon request. **PID Number:** 16.027.24.24.0012 16.027.24.24.0011 **2016 Real Estate Taxes:** $7,035.10 (Land - Includes both parcels) **PID - Land:**  16.027.24.24.0012; 16.027.24.24.0011 Features - New mechanical systems - Parking: 20 surface stalls - Floor drains - Loading Docks: One (1) dock and Three (3) drive-ins - Excellent access to I-35W - New roof in 2013 with warranty through July 8th, 2023 - New lighting - New restrooms - Make-up air system - Flammable waste traps
1701 American Blvd E Space
East Bloomington, Bloomington, MN
# Cedar Business Center Under new ownership! 119,242 square foot office / showroom building for lease. Many space configurations and types available for all sizes. #### AVAILABLE  | **Suite #4:** 2,230 sf total office **Suite #6:** 1,836 sf total office **Suite #7:** 3,221 sf total office **Suite #8A:** 2,156 sf total office \*Available in 30 days **Suite #4-6:** 4,101 sf total office **Suite #4-7:** 7,322 sf total office **Suite #4-8A:** 9,478 sf total office **Suite #4-8A & 15:** 13,985 sf office 4,064 sf whse 18,049 sf total | **Suite #6-7:** 5,057 sf total office **Suite #6-8A:** 7,213 sf total office **Suite #6-8A & 15:** 11,720 sf office 4,064 sf warehouse 15,784 sf total **Suite #7-8A:** 5,377 sf total office **Suite #7 & 15:** 7,728 sf office 4,064 sf warehouse 11,792 sf total **Suite #7-8A & 15:** 9,884 sf office 4,064 sf warehouse 13,948 sf total | **Suite #11:** 1,655 sf office 729 sf warehouse 2,384 sf total • One (1) drive-in **Suite #15:** 8,647 sf total 4,165 sf warehouse 4,482 sf office • One (1) drive-in **Suite #16A Sublease:** 3,984 sf total office **Suite #15-16A:** 17,969 sf office 4,064 sf warehouse 12,555 sf total |   | Ability to combine suites for up to 22,033 SF **Net Rental Rates:** $9.50 psf office $4.50 psf warehouse **2017 Est. CAM & RE Tax:** $ 2.23 psf CAM $ 2.39 psf Real Estate Taxes $ 4.62 psf Total   Features - Easy freeway access to I-35W, I-494, & Hwy 77 Direct visibility on American Blvd - Direct visibility on American Blvd - Excellent Corporate Image

Bloomington

Office Space Market Report

Number of Listings (last 90 days)
225
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
5,190
As of: May 21, 2017

Bloomington Rates

The typical asking rate per listing is in the $20's per square foot per year. The Bloomington region is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 6% increase in rent.

Bloomington Listing Supply

In the last 90 days, 225 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Bloomington are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,190 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this area were built in 1983 and are Class A.

Bloomington Community

Market Report

Trends and status of the commercial real estate market in Bloomington.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Bloomington.
Research