7695 Anagram Drive, Eden Prairie, MN

Property Type Office - General Office
Property Size 39,390 Sqft
Lot Size 6.44 Acre
Parking Spaces Avail. 157
Parking Ratio 4.00/ 1,000 SF
Property Tenancy Vacant
Building Class B
Year Built 1997

Location

Map
Street

City Eden Prairie, MN
Neighborhood Eden Prairie
Zip Code 55344
Market Minneapolis St Paul

Contacts

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Owner

True Owner
Registered Owner

Brokers

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Documents

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Sales

Purchase Date 03 Oct, 2016
Arm's Length
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date
Loan Maturity Date

Market Trends

Average Actual Rents in Eden Prairie

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Eden Prairie Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $23.58
2020 Office Vacancy Rate 7.84%
2020 Office Completions (Sqft)

Eden Prairie Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per Sqft $79.61
Y-o-Y Avg. PpSF Change 19.64%
2020 Office Sales Volume $82.1M
2020 Number of Transactions 6

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Tax

Property Tax in 2020-2021 $107,451
Market Value $3,515,000
Assessed Value $3,515,000

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Frequently Asked Questions

What is the total square footage of 7695 Anagram Drive?

7695 Anagram Drive totals 39,390 square feet.

When was this property built?

7695 Anagram Drive was built in 1997.

When was 7695 Anagram Drive last sold?

7695 Anagram Drive was last sold on 03 Oct, 2016.

What is the property tax for 7695 Anagram Drive?

The property tax for 7695 Anagram Drive in 2020-2021 was $107,451.

What is the market value for 7695 Anagram Drive?

The market value for 7695 Anagram Drive in 2020-2021 was $3,515,000.

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7695 Anagram Drive, Eden Prairie, MN 55344 - Office Space

7695 Anagram Drive is located at 7695 Anagram Drive in the Eden Prairie neighborhood, MN, Eden Prairie, 55344. The Class B Office building was completed in 1997 and features a total of 39,390 Sqft.

There are 109 office spaces for lease in the Eden Prairie neighborhood, totaling 797,228 Sqft of available office space. The office space availability for the 55344 zip code is 559,957 Sqft, in 68 office spaces. The average asking office rent per sq. ft. in Eden Prairie is $15.22/sqft/year. For Class A office buildings the average office rate is $17.33/sqft/year, for Class B office buildings the average office rate is $15.12/sqft/year, for Class C office buildings the average office rate is $11.55/sqft/year.

In Eden Prairie, there are 51 class B office buildings. In Eden Prairie, there are a total of 2 LEED certified office buildings. In 1997, the same year 7695 Anagram Drive was built, 20 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Eden Prairie, featuring 368,237 square feet of commercial space. At zip code level, there are 115 commercial properties, of which 37 are office buildings over 50,000 square feet.