Bloomington Sublease

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