Bloomington, MN Office Property For Sale

Newmark is pleased to exclusively offer the fee simple interest in Paramount Plaza Office Building (the "Property”), a 75,526 square

foot, multi-tenant, four-story office building, with two levels of temperature-controlled parking. The Property is situated on 3.53

acres in Bloomington, Minnesota at the major interchange of I-494

and East Bush Lake Road. The building has exceptional visibility to Interstate 494, carrying more than 160,000 vehicles every day.

- Office Condo For Sale

- 4 Private Offices

- Large and Spacious Open Area

- Conference Room

- Near main entrance for easy access

- 86 Spaces on Surface Lot - 4.0/1,000 SF parking ratio

- Close to multiple retail and restaurant options at I-494 and

Penn Avenue South, Southtown, Southdale, and Galleria

- Green space just south of building, plus nearby at Bryant Lake

Park to the east and Penn Lake Park to the west

- Easy access to I-35W and I-494

- Condo owners throughout building

This office center was constructed in 1968 and remodeled in 2020 and 2022. There is an elevator for access to the second floor. The building offers a conference room and lunch room for tenant use. New HVAC and roof were done in 2019.

Incredible opportunity to own a small stand-alone office building with immediate exposure to I-494 on the Bloomington/Edina border. Currently a single tenant building, it also offers the ability for possible multi-tenant. Built in 1984 and remodeled in 2019 this property sits on a private wooded lot while offering a creative and funky build out with outdoor greenspace and loads of natural light!

Single tenant NNN investment property with CARE Counseling, a subsidiary of Optum/United Health (Fortune 5 company). Long-term lease in place at well maintained property in West Bloomington, just

off Hwy 169/Old Shakopee Rd.

See other NNN properties for sale with this tenant:

7601 Wayzata Blvd, St. Louis Park

204 W Franklin Ave, Minneapolis

1155 Northland Dr, Mendota Heights

501 N Riverfront Drive, Mankato

8980 Hudson Blvd, Lake Elmo

4100 Berkshire Ln, Plymouth

> Great location convenient to numerous amenities

> Excellent access to I-494 and 169

> Outdoor decks with beautiful natural views

> Move in ready suites

> Below market gross rental rates

> Investment or owner/user opportunity

> Significant in place income

• Signage along I-494

• Ample on-site parking & executive garage

• Multiple Kitchen/Break areas

• Dock & Drive-in

• Roof replaced in 2015

• HVAC: Multiple units replaced in 2015, 2020, 2023

• All cubicles Includes cube walls, sit/stand desks,

wardrobes, and rolling file cabinets and extra cube

components

• C-Suite Office Furniture:

- Large Dark Wood Desks (4), Sit/Stand Desks (4),

Office Tables (3),

- Light colors

- Desks (3), Built ins (4),

• Manager Office Furniture

• 3 of the smaller manager offices will stay

• Standard White boards (non glass)

• C-Suite Kitchen Bar Stools and Chairs

• Yellow Conference Room Chairs

• Main Level Break Room Built in Benches and Tables

-Ample outdoor space including patios

-Unique opportunity for ownership

-Private garage parking

-Monument signage