Ramsey County Office Space

4525 White Bear Pkwy Listing
White Bear Lake, MN
# 4525 White Bear Parkway **FOR SALE OR LEASE!** PRICE REDUCED! Favorably located three floor office building with great visibility in White Bear Lake, just off of I-35E. The property features many updates and ample surface level parking. **BUILDING SQUARE FEET:** 18,000 square feet total **LAND AREA:** 2.5 acres (approx 65,000 feet usable) **ZONING:** DBD, DIVERSIFIED BUSINESS DEVELOPMENT DISTRICT **PID:** 213022110011 **FLOORS:** Three (3) **YEAR BUILT:** 1987 **PARKING:** • Surface lot, 58 spaces • Ratio: 3.6/1,000 **ENTRANCES:** Dramatic front entrance with atrium reception area **FIRE PROTECTION:** Lower level wet sprinkler system **ELEVATOR:** • Serves all floors • Up to code **CONSTRUCTION:** Concrete deck, brick exterior **ROOF:** New roof in 2008 **HVAC:** • Seven (7) original furnaces - parts replaced, well-maintained • Seven (7) original a/c units - parts replaced, well-maintained **AVAILABLE FOR LEASE:** 18,000 square feet **MINIMUM DIVISIBLE:** 12,000 square feet (full floor) **NET RENTAL RATE:** $12.00 per square foot net **SALE PRICE:** $1,400,000.00 ($78.00 per square foot) **REAL ESTATE TAXES 2014:** $57,017.77 ($3.17 per square foot) Features - Convenient location just off I-35E, on Highway 96 near downtown White Bear Lake - Located close to retail areas, lodging and dining options - Multiple offices - High traffic area - Ample parking in on-site surface lot - Highly visible signage - New roof in 2008
10 River Park Plaza Listing
St. Paul, MN
# River Park Plaza Located along the West bank of the Mississippi River with spectacular views of downtown St Paul skyline and riverfront, this eight-story reflective glass building has easy access and is minutes away from Minneapolis International airport. Amenities include free surface parking, 24-hour security, dual entry fiber optics, cafeteria, a workout facility with showers, and access to the river walk and Harriet Island. Large floor plates can accommodate up to 36,000 square feet. **Building square feet:** 328,600 square feet **Currently available:** 5th Floor: 36,443 SF **Total Available:** 36,443 SF **Maximum contiguous:** 36,443 square feet **Minimum divisible:** 15,000 square feet **R/u factors:** Full floor: 3% Partial floors: 11% **Year built:** 1989 **Building hours of operation:** 5:30 a.m. - 12:30 a.m. Monday through Saturday **Net rental rate:** $13.00 per square foot **2016 Est. CAM & Real Estate Tax:** $5.91 per square foot operating expenses $2.39 per square foot taxes $8.30 total per square foot **HVAC:** Heat pump system 320 units (1,100 - 1,500 SF per zone) **ELECTRIC:** Two 277/480 volt 2,000 amp services 9-10 watts PSF **ELECTRICAL PANELS:** Two panels per floor \> 120 volts, 42 circuit breaker \> Back up with 36 circuit breaker heat & lights (277 volts) **CEILING HEIGHT:** 9-10’ **loading:** Two secure docks **ELEVATORS:** Four (4) 3,000 lb passenger One (1) 6,000 lb freight **WINDOWS:** Insulated double-pane in aluminum frame **BACKUP GENERATOR:** 600 KW 50 KVA 480/277 VOLT **Column spacing:** 28’ on center Features - Fitness Center with showers - Training / Conference Rooms - On-site restaurant - 24/7 security - Signage available - Located on the Mississippi waterfront - Spectacular views of St. Paul skyline - Free surface parking - Located on bus line

Ramsey County

Office Space Market Report

Number of Listings (last 90 days)
257
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,440
As of: December 10, 2016

Ramsey County Rates

Most listings are in the $10's per square foot per year. The Ramsey County region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decline in rent.

Ramsey County Listing Supply

In the last 90 days, 257 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Ramsey County 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.

The standard measurement for office space in this area is around 2,440 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1980 and are Class B.

Ramsey County Community

Market Report

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

Market Data

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