7807 Creekridge Circle
About this property
Price Reduction, now priced at $5,900,000. 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 simulatorso 2 Full-Service Bars (including the Hornet Bar)o Commercial Kitcheno Turnkey Restaurant Space with outdoor patio Premier I-494 Corridor Location:o Exceptional visibility and frontage along one of Bloomington’s most trafficked corridorso Strong Demographics: $179,026 average household income within 1 mileo Traffic Counts: Exposure to 140,296 vehicles per day on I-494o 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 serviceo Open-concept layouts with abundant natural lighto Modernized finishes and strong curb appealo 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) siteo Great parking with 68 underground + 96 surface stalls
About this property
Price Reduction, now priced at $5,900,000. 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 simulatorso 2 Full-Service Bars (including the Hornet Bar)o Commercial Kitcheno Turnkey Restaurant Space with outdoor patio Premier I-494 Corridor Location:o Exceptional visibility and frontage along one of Bloomington’s most trafficked corridorso Strong Demographics: $179,026 average household income within 1 mileo Traffic Counts: Exposure to 140,296 vehicles per day on I-494o 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 serviceo Open-concept layouts with abundant natural lighto Modernized finishes and strong curb appealo 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) siteo Great parking with 68 underground + 96 surface stalls
Features and Additional Information
Presented By Coldwell Banker Crown Park Rapids
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