Hennepin County Industrial

9649 Humboldt Ave S Listing
East Bloomington, Bloomington, MN
# 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
7615 Golden Triangle Dr Listing
Eden Prairie, MN
Located in the heart of the Golden Triangle area of Eden Prairie. 125,945 square foot single story office/warehouse buildings. Several restaurants and retail within one mile. Easy access to Highway 169, Highway 212, and I-494. #### Available Technology Park V **Suite N:** 6,458 square feet Total 4,158 square feet office 1,000 square feet whse • One (1) drive-in **Suite M:** 25,250 square feet Total **Suite C:** 12,154 square feet of office • One (1) dock **Total Available Space:** 43,862 square feet Total #### Available Technology Park VI **Suite M1:** 25,250 sf Total 22,174 sf Office 3,076 sf Warehouse • One (1) dock **Suite N:** 8,266 sf Total 3,331 sf Office 4,935 sf Warehouse • Two (2) drive-ins **Suite T:** 10,625 sf Total 9,470 sf Office 1,155  sf Warehouse • One (1) drive-in **Suite M1 - N Combined:** 16,370 sf Total 5,958 sf Office 10,412sf Warehouse • One (1) dock • Three (3) drive-ins **Suite T - O Combined:** 26,995 sf Total 16,036 sf Office 10,959 sf Warehouse • One (1) dock • Four (4) drive-ins **Suite T & P/Q Combined:** 18,891 sf Total 13,275 sf Office 5,616sf Warehouse • Three (3) drive-ins **Suite N - O Combined:** 8,104 sf Total 2,761 sf Office 5,343 sf Warehouse • One (1) dock • One (1) drive-in **Suite P - Q Combined:** 8,266 sf Total 3,805 sf Office 4,461 sf Warehouse • Two (2) drive-ins #### Rental Rates **Office Rates:** $9.75 **Warehouse Rates:** $4.75  #### 2016 (est.) CAM & Tax: Technology Park V $2.02 psf CAM $2.12 psf Tax $4.14 psf Total Technology Park VI $1.78 psf CAM $2.12 psf Tax $3.90 psf Total Features - Ample parking - Easy access to Highways 169 and 212, Interstate 494, and Crosstown 62 - Locally owned and managed by First Industrial Realty Trust

Hennepin County

Office Space Market Report

Number of Listings (last 90 days)
1,001
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
5,210
As of: December 3, 2016

Hennepin County Rates

On average, listings lease in the $20's per square foot per year. The Hennepin County submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

Hennepin County Listing Supply

In the last 90 days, 1001 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the listings in the Hennepin County are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,210 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this market were built in 1980 and are Class B.

Hennepin County Community

Market Report

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

Market Data

Real time and historical data on commercial real estate listings in Hennepin County.
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