
1115 SE 164th Avenue - Vancouver, WA
1115 Southeast 164th Avenue, Vancouver, WA, 98683, US
46,545 ㎡
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.


