Standard Commercial
- Jul 24, 2019

Golden Valley Corporate Center

Standard Commercial is pleased to present for purchase the 100% fee simple interest in 1710 Douglas Drive North, in Golden Valley, Minnesota.

Highlights

Nearly 60,000 total SF of finished office and garage/shop space (6K SF)
Well-below replacement cost
Excellent access to Minneapolis and Western suburbs
Strong cash flow from existing tenants
Flexibility for owner-user and investor to add value

The subject property is approximately 60,000 of office and garage space with a mix of long term tenants and month to month executive office spaces. The property has direct access to HWY 100 via Duluth Street, a major north/south thoroughfare of Minneapolis and first ring suburbs. This property would make an excellent value add opportunity for the hands-on investor.

The subject property is in Golden Valley, Minnesota and sits on Douglas Drive North, just south and west of the Duluth street intersection and the HWY 100 on-ramp. Golden Valley is a first ring suburb of Minneapolis, Minnesota, and is part of Hennepin County, the most-populous county in the state. The city of Golden Valley has a population of 20,790 and is a prime commercial and industrial location due to its proximity to the area's "core" and access to major arterial roadways. There are approximately 30,000 jobs in the city, more per capita than any other city in the Minneapolis-St.Paul metropolitan area. Golden Valley is also home to several large corporations including Allianz Insurance, PentAir, Tennant Corporation, General Mills and Residio, a subsidiary of Honeywell.

ADDRESS: 1710 DOUGLAS DRIVE NORTH GOLDEN VALLEY, MN 55422

PRICE: Negotiable BUILDING SIZE: 60,000 SF PROPERTY TYPE: Office

TOTAL LOT SIZE: 4.17 Acres