1100 Washington Ave S | Minneapolis, MN 55415
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1100 Washington Ave S
Minneapolis, MN 55415
Minnesota Technical Center · Office Property For Sale
Investment Highlights
- Located along South Washington Avenue with close proximity to I-35W
- Zoned I benefitting from several overlay districts
- Development potential
- Vast area amenities
Executive Summary
Newmark has been retained as the exclusive advisor to Physicians and Surgeons Capital Corp (the “Seller”) to offer a unique opportunity to purchase a ± 39,800 square foot, two-story office building located at 1100 South Washington Avenue, Minneapolis MN (‘the Property”). The Property is on 68,772 square feet (1.57 ac.) of land and is currently 48% occupied by one tenant, the University of Minnesota through
July 2025 subject to one remaining three-year option to renew the lease.
July 2025 subject to one remaining three-year option to renew the lease.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
39,802 SF
Building Class
C
Year Built
1990
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
19,901 SF
Slab to Slab
13 ft
Building FAR
0.58
Lot Size
1.57 AC
Zoning
I1
Parking
106 Spaces (2.66 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Signage
PROPERTY TAXES
| Parcel Number | 26-029-24-11-0104 | Improvements Assessment | £281,596 |
| Land Assessment | £4,848,235 | Total Assessment | £5,129,832 |
PROPERTY TAXES
Parcel Number
26-029-24-11-0104
Land Assessment
£4,848,235
Improvements Assessment
£281,596
Total Assessment
£5,129,832
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