Description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present the opportunity to acquire 7500 Flying Cloud (the "Property"), a premier Class A suburban office asset located in the highly sought-after Eden Prairie submarket of Minneapolis–St. Paul. The Property is a highly amenitized, well-occupied (93.5%), multi-tenant, nine-story office building totaling approximately 189,339 rentable square feet as of December 1, 2026, with the opportunity to increase its rentable area by an additional 10,933 square feet through future BOMA remeasurements.

The building recently underwent renovations that introduced a multi-sport simulator, a modern club lounge with rentable beverage lockers, executive locker rooms with towel service, a party space, and a lower-level war room. Combined with on-site meal service, executive parking, a fitness center, and ample parking available through an attached structure, these amenities position the building to attract the highest quality office tenants.

The property is currently 93.5% leased, with a diversified tenant roster and a weighted average lease term of 6.0 years, delivering durable in-place cash flow and attractive market leasing metrics. Strategically positioned near major arterials and the thriving Eden Prairie submarket, 7500 Flying Cloud benefits from improved capital markets activity amid a bifurcating asset landscape favoring high-quality locations. The asset is surrounded on all sides by Highway 169, Interstate 494, and Highway 212 providing tenants and employees with unmatched access to the metro and surrounding housing. The property generates multiple revenue streams including storage income, rooftop/antenna lease payments, ramp and executive parking revenue, and retains significant upside through lease renewals and suite absorptions.

...

Attributes

Rentable area (12/1/2026)

189, 339 SF

Rentable area with BOMA

200,272 SF

Occupancy

93.5%

WALT

6 years

Land area gross

3.97 ha

Floors

Year built

1985

Loading docks

Media

Investment highlights

Currently 93.5% leased with 6.0 years of WALT, 7500 Flying Cloud offers durable cash flow bolstered by a diversified tenant roster.
A poster child for flight to quality suburban office in the Twin Cities market.
Nearly stabilized suburban office building with a substantial discount to replacement cost.
Newly renovated 5,169 SF first-floor amenity destination featuring a 44 seat (1,435 SF) training room, multi-sport simulator, rentable tenant lockers, and event space offer the modern workplace amenities sought by today's leading employers. On-site meal service supports a singlestop symbiotic workplace environment offering tenants new meal and snack options daily.
BOMA variants provide investors opportunity to expand rentable square footage up to 200,272 SF.
Approximately $11.7M of Capital Expenditures, TI's, and Renovations in the past three years help to support today’s workplace culture, enhance employee experience, and bolster tenant retention while solidifying the asset's rank amongst the top offices in the market.
Current ownership has proactively invested in major mechanical systems and other expensive building components, reducing future capital expenditure requirements for the next owner.
The asset’s adjacency to some of the Twin Cities’ most affluent ZIP codes appeal to executive leadership and key decision-makers.