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Tod Redevelopment Site/Value Add Flex Building 10701 Bren Road East • Minnetonka, Mn 55343

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Tod Redevelopment Site/Value Add Flex Building 10701 Bren Road East • Minnetonka, Mn 55343 ±44,485 SF ON 3.16 ACRES FOR SALE TOD REDEVELOPMENT SITE/VALUE ADD FLEX BUILDING 10701 BREN ROAD EAST • MINNETONKA, MN 55343 Brian Pankratz James DePietro First Vice President Senior Vice President +1 952 924 4665 + 1 952 924 4614 [email protected] [email protected] PROPERTY INFORMATION This property is located in area which is expected to see PRIME INVESTMENT OPPORTUNITY OR REDEVELOPMENT SITE increased investment from both the city and adjacent The 10701 Bren Road East building is an excellent option for flex, office, or property owners due to the redevelopment site that is adjacent from an under-construction, high-frequency forthcoming light rail line. light rail station. Located ideally off Crosstown Highway 62 and Shady Oak Road, this space includes office suites and warehouse space which can be customized for a variety of corporate and industrial uses. Striking exterior finishes and extensive glassline, mature landscaping Docks and drive-in options Built in 1985/renovated 2013 44,485 SF on 3.16 acres Walking distance to retail and 2 blocks from new Bren Road light rail station, expected opening in 2023 Zoned for PUD Planned Unit Development Guided for B-1 Commercial City’s comprehensive plan allows mixed use: hotel, housing, retail development permitted with city council approval 2021 Property Taxes: $101,300.88 PROPERTY SUMMARY AREA BUSINESSES SHADY OAK RD AREA AMENITIES DINE IN OR GRAB AND GO. RED CIRCLE DR BREN RD E OPUS STATION STAY THE NIGHT. VIBRANT LOCATION TRAFFIC HWY 169 • Easy access to Crosstown 62 via Shady Oak Rd 90,000 VPD • Close proximity to Highway 169 • 9 miles to Uptown Minneapolis MN 62 31,000 VPD FUEL UP. • 12 miles from Downtown Minneapolis • 14 miles from Minneapolis-St. Paul International Airport SHADY OAK RD Future Southwest Green Line (SW Light Rail Station) 16,300 VPD PROPERTY PHOTOS FLOOR PLANS DOWNTOWN MINNEAPOLIS BREN RD E OPUS STATION SITE SHADY OAK RD NEIGHBORHOOD MAP HEADQUARTERS LIGHT RAIL STATION Bren Road Station Apartments SUBJECT (Dominium project) PROPERTY HEADQUARTERS SHADY OAK RD NEIGHBORHOOD AMENITIES 10701 Bren Road AREA PARKS AND TRAILS OVER 6 MILES OF RECREATIONAL TRAILS SIDEWALKS, TRAILS, AND BIKEWAYS SOUTHWEST LIGHT RAIL EXTENSION ROYALSTON AVE/ In 2019 construction began on the 14.5-mile METRO Green Line Extension FARMERS MARKET (Southwest LRT), which will operate from downtown Minneapolis through the communities of St. Louis Park, Hopkins, Minnetonka and Eden Prairie. Service is expected to begin in 2023 with 16 new stations, BASSETT CREEK VALLEY including the Opus station near the property. BRYN MAWR More information on the Opus Station can be found here. ST. LOUIS PARK W 21ST ST BELTLINE BLVD W LAKE ST WOODDALE AVE The Opus business park is a MINNEAPOLIS major regional employment HOPKINS LOUISIANA AVE center, with more than 12,000 SHADY OAK BLAKE RD jobs in a wide range of industries including health care, technology and real estate. The area DOWNTOWN HOPKINS features a network of trails for easy pedestrian and bicycle access. MINNETONKA OPUS EDINA SOUTHWEST LRT ROUTE C ITY WEST SOUTHWEST LRT STATION EDEN PRAIRIE GOLDEN TRIANGLE CITY BOUNDARIES SOUTHWEST STATION 0 1 2 MILES EDEN PRAIRIE TOWN CENTER SOUTHWEST LIGHTRAILSTATIONS condominiums inresidentialcommunities. The surroundingareaalsoincludesmultifamilyapartments and corporations thathavechosentoofficeshere. aresomeofthemany andAmerican MedicalSystems Group, medicaldevice andtechnologyindustries.Opus,UnitedHealth care, health that ishometomorethan12,000jobsfromtherealestate, The stationislocatedatthecenterofamajoremployment settingforlocalbusinesses. providing apark-like from theroadway, miles ofpedestrianandbicycletrailsthatarecompletelyseparated willconnecttomorethansix atOpusBusinessPark Opus Station RENDERING OPUS STATION HOPKINS Smetana Rd r D ir C n e e e e r r G G r D a S n h a a t d e y O m a S k R W d Bren Rd MINNETONKA Bren Rd E Green Oak Dr PROPERTY Red Cir E E E r r i i C C e e u l B y Crosstown Hw Yellow Cir E OPUS STATION EDEN PRAIRIE Southwest LRT Alignment Southwest LRT Station DEMOGRAPHICS POPULATION LARGEST INDUSTRIES 2020 POPULATION CURRENT YEAR ESTIMATE 1 MILE 3 MILES 5 MILES 7,858 62,961 206,060 HEALTHCARE & PROFESSIONAL, MANUFACTURING SOCIAL ASSISTANCE SCIENTIFIC, & TECHNICAL HOUSEHOLDS SERVICES 2020 HOUSING UNITS 1 MILE 3 MILES 5 MILES EMPLOYMENT 4,926 29,686 95,097 2020 DAYTIME WORKERS HOUSEHOLD INCOME 1 MILE 3 MILES 5 MILES 9,644 84,232 256,526 2020 AVERAGE HOUSEHOLD INCOME 2020 BUSINESSES 1 MILE 3 MILES 5 MILES $95,315 $131,117 $135,660 1 MILE 3 MILES 5 MILES 676 3,919 10,352 POPULATION BY YEAR EDUCATION BACHELOR’S DEGREE OR HIGHER 2025 213,774 1 MILE 3 MILES 5 MILES 2020 206,060 48.1% 59.4% 63.1% 2010 191,217 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 2,940 27,042 94,059 AVERAGE HOUSEHOLD INCOME 10701 Bren Road CONTACT US Brian Pankratz First Vice President +1 952 924 4665 [email protected] James DePietro Senior Vice President + 1 952 924 4614 [email protected] 2021 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. (ver_v2 - rev. 06/03/21).
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