Office Space
4810 White Bear Parkway White Bear Lake, MN 55110
Details & Description
Price: $5,077,343
    Brisky Net Lease is pleased to offer this well-located office opportunity in the greater Twin Cities. The extremely easy-to-own investment opportunity offers a great return, leased to Redpath, an employee-owned CPA firm. The lease has limited landlord responsibilities, under market rents, and approximately 8 years remaining. Redpath currently subleases a portion of the facility to TitleSmart, Inc., a full-service, thriving title insurance company.  Post covid leasing activity in sub-markets like White Bear Lake has arguably been favorable, and we see this market as greatly improved. The property has a convenient location with close proximity to Interstate 35E in this great Twin Cities suburb. White Bear Lake is about 10 miles from downtown St. Paul and about 20 miles from downtown Minneapolis and serves as a bedroom community for the Twin Cities Metro. 
    Property Highlights
    Additional Photos
    Listing Agents
    Brian Brisky

    O: 612-413-4200
    M: 715-529-4441
    info@brisky.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    4810 White Bear Parkway

    White Bear Lake, MN 55110

    No Longer Listed
    • 4810 White Bear Parkway White Bear Lake, MN 55110 | for Sale | Photo 1
    • 4810 White Bear Parkway White Bear Lake, MN 55110 | for Sale | Photo 2
    • 4810 White Bear Parkway White Bear Lake, MN 55110 | for Sale | Photo 3
    • 4810 White Bear Parkway White Bear Lake, MN 55110 | for Sale | Photo 4
    • 4810 White Bear Parkway White Bear Lake, MN 55110 | for Sale | Photo 5
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    Price
    $ /mo
    Property Highlights
    8 Years Remaining & Annual Rent Increases
    Large Parking Lot with Free Parking
    Limited Landlord Responsibilities
    Great Location Just off I-35E
    Solid, Long-Term Tenant
    Monument Signage
    Description

    Brisky Net Lease is pleased to offer this well-located office opportunity in the greater Twin Cities. The extremely easy-to-own investment opportunity offers a great return, leased to Redpath, an employee-owned CPA firm. The lease has limited landlord responsibilities, under market rents, and approximately 8 years remaining. Redpath currently subleases a portion of the facility to TitleSmart, Inc., a full-service, thriving title insurance company.  

    Post covid leasing activity in sub-markets like White Bear Lake has arguably been favorable, and we see this market as greatly improved. The property has a convenient location with close proximity to Interstate 35E in this great Twin Cities suburb. White Bear Lake is about 10 miles from downtown St. Paul and about 20 miles from downtown Minneapolis and serves as a bedroom community for the Twin Cities Metro. 

    White Bear Lake Area Market Trends

    Listing Demographics for 4810 White Bear Parkway White Bear Lake, MN 55110

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population6,39640,861114,327
    Population Median Age424241
    Population by Age0-9 Yrs658 (10%)4697 (11%)14271 (12%)
    10-19 Yrs499 (7%)4382 (10%)13047 (11%)
    20-29 Yrs1143 (17%)4494 (10%)11852 (10%)
    30-39 Yrs826 (12%)5041 (12%)14450 (12%)
    40-49 Yrs625 (9%)4268 (10%)12529 (10%)
    50-59 Yrs913 (14%)6108 (14%)17614 (15%)
    60-69 Yrs1012 (15%)6265 (15%)15968 (13%)
    70+ Yrs721 (11%)5608 (13%)14597 (12%)
    Median HH Income$74,279$87,888$92,194
    Total Household Income< 24K410 (14%)1708 (10%)4716 (10%)
    25-49K478 (16%)2799 (16%)7110 (15%)
    50-74K577 (19%)2721 (16%)6588 (14%)
    75-99K422 (14%)2346 (13%)6343 (13%)
    100-199K828 (28%)5330 (31%)14966 (32%)
    200K+187 (6%)1971 (11%)5831 (12%)
    Highest Education LevelNo Diploma2118833073
    Diploma or GED890611416063
    Some College1149659916737
    Assoc. Degree42634028280
    Bachelors Degree1336843223652
    Higher Degree596453014243
    Total Housing Units2,96017,43647,162
    --Owner-Occupied1,61712,78935,408
    --Renter-Occupied1,2844,08610,147
    Owner-Occupied Values< 100K454171504
    100-199K38726696301
    200-299K578485512766
    300-399K31722617115
    400-499K1009493384
    500K+19116374339
    Total Working Age Population5,48933,39292,020
    In Work Force3,78622,24762,075
    Not In Work Force1,70211,14629,945
    Workforce Employed3,64921,34659,764
    Workforce Unemployed1308872,293
    Civlian Workforce3,77822,23462,057
    Military Workforce81318
    Total Households2,90116,87545,555
    Family Households1,52010,96730,505
    Non-Family Households1,3815,90915,051
    Married Couple1,1269,03225,079
    Other Family3941,9355,426
    Married w/Child4333,3199,545
    Single Male w/Child192841,066
    Single Female w/Child1055491,698

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Minnesota4,919,479+85,303,925+75,687,161+55,974,304
    Washington County201,130+18238,136+11264,517+8285,490
    Ramsey County511,0350508,640+12567,959+9616,408
    Anoka County298,084+11330,844+8358,469+6380,651

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 4810 White Bear Parkway in White Bear Lake?
    The asking price for 4810 White Bear Parkway is $5,077,343
    What is the building size of this Office property in White Bear Lake, MN?
    The size of the building/unit at 4810 White Bear Parkway in White Bear Lake is 25,817 square feet
    How much land does the White Bear Lake, MN property at 4810 White Bear Parkway include?
    4810 White Bear Parkway in White Bear Lake includes 3.380 acres of land
    What kind of Office is the propery at 4810 White Bear Parkway?
    The property at 4810 White Bear Parkway White Bear Lake, MN 55110 is listed as a Professional Office property
    What is the population within 1 mile of 4810 White Bear Parkway in White Bear Lake?
    The population within 1 mile of 4810 White Bear Parkway White Bear Lake, MN 55110 is 6,396 people.
    Who do I contact for questions about 4810 White Bear Parkway?
    You should contact the listing agent, Brian Brisky, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 16
    Rochester International Airport (RST) 86
    Duluth International Airport (DLH) 128