Brooklyn Park, Minnesota, offers a unique opportunity for investors to capitalize on the city's growing economy and diverse industries. With a population of approximately 90,000 residents, Brooklyn Park is an attractive location for businesses and individuals alike. Office properties in Brooklyn Park are a sound investment, providing a stable source of income and potential for long-term growth. These properties can represent a range of investments, from single-tenant buildings to multi-tenant complexes, and can cater to various industries, including healthcare, education, and manufacturing. Brooklyn Park's extensive park system, including 67 parks and 47 miles of trails, and its proximity to major transportation routes, such as Interstates 94 and 694, make it an ideal location for businesses and employees. The city is also home to notable institutions, including Rasmussen University and North Hennepin Community College, and major corporations, such as Medtronic and Target Corporation. With its diverse economy, excellent infrastructure, and high quality of life, Brooklyn Park is an excellent choice for businesses and investors. The city's attractions, such as the historic Eidem Homestead and the Mississippi Gateway Regional Park, also make it a great place for business and travel.
Currently, there are 3 office properties for sale in Brooklyn Park, offering a range of options for investors. The average price per square foot for these properties is $138 USD, with an average size of 15,507 square feet. The largest property available is 25,680 square feet. In addition to office properties, Brooklyn Park also offers a range of other commercial properties, including commercial real estate, apartment buildings, shopping centers, and hotels. Commercial real estate in Brooklyn Park can provide a stable source of income and potential for long-term growth. Apartment buildings in the city offer a range of options for investors, from small complexes to large multi-unit buildings. Shopping centers in Brooklyn Park provide a hub for retail and commerce, with a range of national and local brands. Hotels in the city cater to business and leisure travelers, offering a range of amenities and services. With its diverse economy and excellent infrastructure, Brooklyn Park is an excellent choice for businesses and investors.
What is the average price per square foot for office properties in Brooklyn Park?
The average price per square foot for office properties in Brooklyn Park is $138 USD.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Brooklyn Park, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed decision.
- Class A office properties are typically high-rise buildings with modern amenities, prime locations, and high-quality finishes, attracting top-tier tenants and commanding higher rental rates.
- Class B office properties offer functional spaces with standard amenities, often located in decent areas, and are suitable for a wide range of tenants, providing a balance between quality and affordability.
- Class C office properties are usually older buildings with limited amenities, located in less desirable areas, and are often priced lower, making them ideal for startups, small businesses, or those on a budget.
