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Property Detail

Red Circle Drive
Approximately 50% leased, with a full floor available, offering exceptional value-add potential .
$6,000,000

Description

  • Approximately 50% leased, with a full floor available, offering exceptional value-add potential through lease-up or redevelopment opportunities.
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  • Commuting is a breeze with convenient access off Highways 169 and 62, the incoming light rail station, and 275 camera-monitored parking spaces.
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  • Continental Minnetonka features a training/conference center, vending lunch area, key card access, fitness room, and loading dock.
  • Employees can snack at the outdoor picnic table and enjoy direct access to winding trails around serene water features.
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  • Within 2 miles of the Children’s Minnesota Business Campus and Optum’s headquarters and only 10 minutes from Methodist Hospital.
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  • Walkable to multiple dining options and nine minutes from Eden Prairie Center, including Target, Kohl's, JCPenney, and Scheels.

Executive Summary

Discover the perfect blend of value and opportunity with Continental Minnetonka, a customizable office and medical experience offering significant potential for investors and owners/users to fit a specific business model. This property is approximately 50% leased, with a full floor (18,179 square feet) available, presenting an ideal opportunity for a potential owner/user or value-add investor. Whether through lease-up or redevelopment, the possibilities are endless.

In the vibrant East Minnetonka neighborhood, Continental Minnetonka benefits from newly refreshed common areas and essential amenities designed to elevate the tenant and visitor experience. Recent renovations completed in 2020 have transformed the property into a modern and welcoming business environment. Highlights include a stunning lobby with contemporary finishes, lounge seating, flat-screen TVs, amenities like a fitness room, a shared conference/training center, and a vending lunch area.

With 275 parking spaces and keycard security, employees and visitors are accommodated and secure. The surrounding area is packed with amenities, including walkable access to Caribou Coffee, Chipotle, My Burger, and Eden Prairie Center, just 4 miles away. The upcoming light rail system will further enhance connectivity.

Situated along Crosstown Highway, Continental Minnetonka provides unparalleled access to the Minneapolis market, with downtown just 20 minutes away. The property is in a thriving medical hub, neighboring Optum's global headquarters and Children's Minnesota Business Campus.

Continental Minnetonka offers affordable, high-quality office and medical space with significant room for value-add potential. Its competitive pricing and superior access make it an excellent choice for businesses and investors.

Continental Minnetonka

Listing ID : 00830

SKU: 830

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Price History

DateEventPrice
December 12 2024Listed$6,000,000.00