7807 Creekridge Circle, Minneapolis, MN 55439

Overview

Description

• $1,000,000 Price Reduction, now priced at $6,000,000. New Office Golf Lease Back Option! • Investors: Office Golf is willing to lease back the 1st Floor and half of the 2nd Floor for 3-5 years (depending on all terms such as sale price, lease rate, etc). See Financials for lease rates at current pricing. • Owner/Users: Ideal arrangement with in place income, but available space for immediate occupancy post closing. Perfect corporate headquarters. • Significant Capital Investment: Approximately $3 Million invested in interior and exterior renovations (2023) • Office Golf Amenities Include: o 18 TrackMan golf simulators o 2 Full-Service Bars (including the Hornet Bar) o Commercial Kitchen o Turnkey Restaurant Space with outdoor patio • Premier I-494 Corridor Location: o Exceptional visibility and frontage along one of Bloomington’s most trafficked corridors o Strong Demographics: $179,026 average household income within 1 mile o Traffic Counts: Exposure to 140,296 ve ... (Read more)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 164
Owner Occupied: Yes
Year Built: 1983
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 14101
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 1.8
Lot Dimensions: 267x156
Assessment Pending: No

Property Features

Accessible: Accessible Elevator Installed; Fully Wheelchair Air Conditioning: Central Air Basement: Full CMU Style: Business Opportunity; Freestanding; Mixed Use; Office; Retail/Shopping Center Construction Status: Previously Owned Current Use: Commercial; Food Service; Office; Restaurant; Retail Exterior: Metal Foundation: Concrete Perimeter Fuel: Natural Gas Heating: Boiler; Forced Air On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot Potential Use: Lounge/Bar; Office; Restaurant; Retail Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Three Or More Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 6000000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 7807
Street Name: Creekridge
Street Suffix: Circle
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55439
Complex/Dev/Subdivision: Nine Mile Offices

Assessments

Tax With Assessments: 135693
Assessment Balance: 0

Building Information

Building Finished SqFt: 42303

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 16921
Parking Lot: Yes

Public Survey Info

Range#: 21
Section#: 17
Township#: 116

Sale Options

Sale Includes: Building, Fixture/Equipment, Leases

Unit Details

Total Units: 14

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 001 BLOCK 001 NINE MILE OFFICES
Listing City: Bloomington
Map Page: 133
Municipality: Bloomington
School District: Edina
School District Phone: 952-848-3900
Property ID Number: 1711621210006
Tax Year: 2026
Tax Amount: 135693
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: • $1,000,000 Price Reduction, now priced at $6,000,000. New Office Golf Lease Back Option! • Investors: Office Golf is willing to lease back the 1st Floor and half of the 2nd Floor for 3-5 years (depending on all terms such as sale price, lease rate, etc). See Financials for lease rates at current pricing. • Owner/Users: Ideal arrangement with in place income, but available space for immediate occupancy post closing. Perfect corporate headquarters. • Significant Capital Investment: Approximately $3 Million invested in interior and exterior renovations (2023) • Office Golf Amenities Include: o 18 TrackMan golf simulators o 2 Full-Service Bars (including the Hornet Bar) o Commercial Kitchen o Turnkey Restaurant Space with outdoor patio • Premier I-494 Corridor Location: o Exceptional visibility and frontage along one of Bloomington’s most trafficked corridors o Strong Demographics: $179,026 average household income within 1 mile o Traffic Counts: Exposure to 140,296 vehicles per day on I-494 o Surrounding Area: Located among national retailers, hospitality, and dense multifamily housing • Zoning: C-4 Freeway Office: allows for a wide range of office, hospitality, and commercial uses • Building Overview: o Existing diversified Tenant mix include: Office Golf, 2nd Swing Golf, Bethany Fellowship, Financial Services, Transportation, Construction, and more. o 65,623 total SF: 42,303 finished SF Class B Office building + 23,320 SF of underground parking (2 levels) o Three-story structure with elevator service o Open-concept layouts with abundant natural light o Modernized finishes and strong curb appeal o New Roof 5 years ago (~20 year warranty) o 6 new offices just completed on 2nd floor for additional income potential • Site Details: o 1.80 acres (78,404 SF) site o Great parking with 68 underground + 96 surface stalls
Directions: Just off I-494 on Creekridge Circle.

Accessible

Accessible Elevator Installed: Yes
Fully Wheelchair: Yes

Air Conditioning

Central Air: Yes

Basement

Full: Yes

Construction Status

Previously Owned: Yes

Exterior

Metal: Yes

Foundation

Concrete Perimeter: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes
Forced Air: Yes

Roof

Age 8 Years or Less: Yes

Sewer

City Sewer/Connected: Yes

Stories

Three Or More: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Business Opportunity: Yes
Freestanding: Yes
Mixed Use: Yes
Office: Yes
Retail/Shopping Center: Yes

Current Use

Commercial: Yes
Food Service: Yes
Office: Yes
Restaurant: Yes
Retail: Yes

Potential Use

Lounge/Bar: Yes
Office: Yes
Restaurant: Yes
Retail: Yes