FOR SALE FACTS & FEATURES Asking Price: $359,000 2 Level Office Condo 3,006 Square Feet Total (1,753 Square Foot Main Level) Perfect for Executive or Professional Service Lower Level Leased to Tax & Accounting Firm Main Level occupied by Owner - can vacate at sale Very High End Finishes and in Great Condition MARK HULSEY Managing Broker HAYDEN HULSEY, CCIM Commercial Broker Mobile 651.755.2068 Office 651.256.7404 mark@resultscommercial.com Mobile 651.769.4826 Office 651.256.7404 hayden@resultscommercial.com
PROPERTY INFORMATION Asking Price: $359,000 Property Type: Office Condo Total Square Footage: 3,006 Main Level: 1,753 Square Feet Reception area, 1 conference room, 3 large offices with many windows, resource room, kitchenette, bathroom, storage closet, sprinklers with recently upgraded fire system. Currently occupied by Owner: Savanna Financial Group. They re flexible and can vacate at time of sale. Lower Level: 1,253 Square Feet Leased to Tax & Accounting Firm from October 1, 2017 - September 30, 2020. Gross lease. Contact Broker for details. 4 offices (one large enough for conference room), Full Kitchenette, restroom, storage room, mechanical room, rear lower level separate access, sprinklers with recently upgraded fire system. Year Built: 2002 Traffic Counts: 2,100 VPD on Portland Ave Parking: 20+ spots. Open parking. Sprinklers & Fire Protection: Sprinklers on both levels with recently upgraded fire system. Complex Name: Minnesota Valley Town Offices Floor Plans: See page 3 & 4 in Packet Association: Self-managed, well-run, financially stable association. Description: Turn-Key Executive Office Condo with very high end finishes and in great condition. Perfect for both Owner/User or Investor. 3,006 total square feet. 1,753 square foot main level occupied by Owner - Financial Planner. Main level can be vacated by time of sale. 1,253 square foot lower level leased by Tax & Accounting Firm through 9/30/2020. Built in 2002. Perfect for Professional Services User! See Marketing Packet for detailed info and floor plans. Contact Broker with questions, financials, and tour availability. Zoning: I-1 Industrial Park County: Dakota
FLOOR PLAN: Main Level
FLOOR PLAN: Lower Level
ZONING: Burnsville I1 Industrial Park
TRAFFIC: 2,100 VPD on Portland Ave S
City of Burnsville In the early 1960s, when Burnsville was starting to grow and incorporate, it was envisioned that the downtown of Burnsville would be located around the intersection of Nicollet Boulevard and Burnsville Parkway (which was named the Crosstown at the time). A few of strip malls, some office buildings, gas stations, restaurants and a K-Mart store developed on the surrounding area. In the mid 1970s, the Burnsville Center opened. Within the next five to ten years, a number of retail centers were built near the Burnsville Center. Eventually Rainbow Foods (later to become Cub Foods) and Holiday both built large stores near the Center. With all the development around the Center, County Road 42 became a major retail area of Burnsville. This development put Burnsville on the map as a retail center of Minnesota, but it also shifted the focus from what would have been downtown to the County Road 42 area. In the early 90s, Burnsville conducted a city-wide planning process called Partnership for Tomorrow. More than 700 residents and business people met over months in different groups to help chart the future of Burnsville. One of the concepts that arose was the feeling that Burnsville needed an area that could be more of a downtown. Toward the end of the decade, a Vision for Tomorrow group was formed to revisit and revise the future plans for Burnsville. One of the outcomes of this process was to enhance the Nicollet Boulevard and Burnsville Parkway area with a streetscape project Once the streetscape project had begun, the idea of recreating the area as the downtown of Burnsville reemerged. The various groups that worked on ideas for the streetscape project morphed into planning groups to redevelop the area with an urban downtown feel; thus the Heart of the City was created. The Heart of the City is focused on bringing arts and cultural opportunities to the area and building tax base to benefit the entire community. Along with cultural development, the Heart of the City is aiming at economic development. At full development, the Heart of the City area will generate approximately $2- $3 million in property taxes annually compared to the $200,000 it did before redevelopment.
OFFERED EXCLUSIVELY BY MARK HULSEY Managing Broker 651.755.2068 mobile 651.256.7404 office mark@resultscommercial.com HAYDEN HULSEY, CCIM Commercial Broker 651.769.4826 mobile 651.256.7404 office hayden@resultscommercial.com No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by RE/MAX Results - Commercial Group.