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2125 Hennepin Ave E
Minneapolis, MN 55413
Nordost Exchange · Bureau Bien À vendre
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Fully modernized creative office property featuring exposed timber columns, brick walls, and unique architectural character
- Centrally positioned along East Hennepin Avenue, offering walkable access to vibrant Northeast Minneapolis dining, breweries, and retail destinations
- Currently 100% leased with a secure tenant mix and an attractive weighted average lease term of 6.0 years, providing stability for investors
- Amenities include renovated lobby and common areas, fitness center, bike storage, improved restrooms, and shower facilities for tenant convenience
- Recently underwent a $1 million capital improvement program, elevating the property into a leading boutique office asset in the Twin Cities
- Provides on-site parking and direct connections to major Minneapolis road networks, ensuring ease of access for employees and visitors
Résumé analytique
Cushman & Wakefield is pleased to present Nordost Exchange, a 26,550 SF boutique creative office asset located along E. Hennepin Avenue in Northeast Minneapolis. Formerly the headquarters of the YMCA of the Greater Twin Cities, the property was acquired by Hyde Development in 2018 and subsequently transformed through a $1 million capital improvement program that repositioned it into one of premier creative office assets in the Twin Cities. Nordost Exchange has been fully modernized with a minimalist, Scandinavian aesthetic closely aligned with the expectations of today’s creative office users. The site has been intentionally curated for a diverse mix of users—ranging from
wellness practices and design studios to professional service firms which is supported by the free on-site parking and walkable access the neighborhood’s restaurants, breweries, and retail. Nordost Exchange stands as a compelling acquisition opportunity supported by durable demand for brick-and-timber creative office space, strong submarket fundamentals, recent substantial reinvestment, and the enduring appeal of Northeast Minneapolis as a live-work-play destination.
wellness practices and design studios to professional service firms which is supported by the free on-site parking and walkable access the neighborhood’s restaurants, breweries, and retail. Nordost Exchange stands as a compelling acquisition opportunity supported by durable demand for brick-and-timber creative office space, strong submarket fundamentals, recent substantial reinvestment, and the enduring appeal of Northeast Minneapolis as a live-work-play destination.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Bureau
Surface de l’immeuble
2 703 m²
Classe d’immeuble
C
Année de construction
1917
Prix
3 228 975 €
Prix par m²
1 194,75 €
Taux de capitalisation
10,86 %
RNE
350 616 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
3 étages
Surface type par étage
901 m²
Dalle à dalle
3,05 m
Coefficient d’occupation des sols de l’immeuble
0,57
Surface du lot
0,47 ha
Zone de développement économique [USA]
Oui
Zonage
I1 - Quartier de l'industrie légère
Stationnement
86 places (31,82 places par 1 000 m² loué)
Caractéristiques
- Ligne d’autobus
- Signalisation
Taxes foncières
| Numéro de parcelle | 18-029-23-34-0065 | Évaluation des aménagements | 1 929 808 € |
| Évaluation du terrain | 395 054 € | Évaluation totale | 2 324 862 € |
Taxes foncières
Numéro de parcelle
18-029-23-34-0065
Évaluation du terrain
395 054 €
Évaluation des aménagements
1 929 808 €
Évaluation totale
2 324 862 €
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