2220 Riverside Ave
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2220 Riverside Ave
122,378 SF Office Building Minneapolis, MN 55454 For Sale
Investment Highlights
- Close proximity to Interstate 35W and I-94.
- Synergistic use of adjacent parking ramp.
- Long-term lease value driven through incentives, rates, terms, and exclusivity.
- Adjacent to M Health Fairview Campus and Augsburg University.
- Within minutes of downtown Minneapolis and St. Paul.
- Property is land leased through 10/23/2049 with 10 year extension.
Executive Summary
Professional and medical office building completed in 1990.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
122,378 SF
Building Class
B
Year Built
1990
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
18,595 SF
Slab To Slab
12’
Building FAR
2.38
Lot Size
1.18 AC
Opportunity Zone
Yes
Zoning
OR3
Parking
500 Spaces (5.38 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Skyway
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Walk Score ®
Very Walkable (78)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Biker's Paradise (94)
PROPERTY TAXES
Parcel Number | 25-029-24-31-0096 | Improvements Assessment | $13,280,213 CAD |
Land Assessment | $1,346,347 CAD | Total Assessment | $14,626,560 CAD |
PROPERTY TAXES
Parcel Number
25-029-24-31-0096
Land Assessment
$1,346,347 CAD
Improvements Assessment
$13,280,213 CAD
Total Assessment
$14,626,560 CAD
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2220 Riverside Ave
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