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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.

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
Building Height
2 Stories
Typical Floor Size
19,901 SF
Slab To Slab
13’
Building FAR
0.58
Lot Size
1.57 AC
Zoning
I1
Parking
106 Spaces (2.66 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-029-24-11-0104
Land Assessment
$6,189,500
Improvements Assessment
$359,500
Total Assessment
$6,549,000
  • Listing ID: 31600634

  • Date on Market: 4/24/2024

  • Last Updated:

  • Address: 1100 Washington Ave S, Minneapolis, MN 55415

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