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7525 Mitchell Rd, Units 305, 315, 317, 319, Eden Prairie, MN

$ 695,000
7525 Mitchell Road,
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Multiple contiguous office/condos with 5,214 SF available at Bent Creek Business Center in convenient Eden Prairie location. All 4 units are turn-key ready with nice finishes. Perfect opportunity for an investor for a lease-back with very solid tenant and strong ROI with a ~8% Cap Rate (traditional NNN lease-back). Seller lease-back for 3+ years at current lease rate and open to negotiating longer term. Tenant responsible for base rent, property taxes, and association dues. Seller able to vacate for new owner-user. Great space ready for high-tech or IT businesses. Current use is an office call-center. There is a dedicated server room that is air conditioned, Kitchenettes in unit. Building has redundant power (separate back-up generator) and has high-speed fiber optic cable installed. There is additional storage available on a first-come, first-serve basis for tenant. Association fees for all 4 units are $3,149/month ($37,760 yearly). Contact Broker with questions and tour availability.

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Documents
Address: 7525 Mitchell Road
State/County:
Zip: 55344
Country: United States
Property Id : 7617
Price: $ 695,000
Property Size: 5,214 ft2
Property Type: Office/Condo, Offices
Zoning: OFC Office District
PID #: 1011622320073; 1011622320077; 1011622320078; 1011622320079
Year Built: 1974
Exterior: Stucco, brick
Roof : Flat
County: Hennepin
2015 Property Taxes: 2017 $18,550
Gross Building Square Feet: 36,000 SF
# Parking Spaces: 174
Monthly Association Dues: $3,146: includes insurance, water, garbage, gas & electric
Floors: 3
Traffic Counts: 12,100 VPD on Mitchell Road
Heating: Forced Air
Cooling: Central
Property Name: Bent Creek Business Center
Central Air
Natural Gas Fuel
Elevator

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