$4,500,000
Presenting Hillwind Office Center, a rare opportunity to acquire a well-maintained, multi-tenant medical and professional office building strategically located in the heart of Fridley's thriving business corridor. Situated just yards from Interstate 694 and Highway 65, giving you exposure to 150,000 cars a day! 941 Hillwind Rd NE offers exceptional accessibility, strong tenant demand, and significant upside potential for investors and owner-users alike.
The property consists of over 38,000 square feet of office and medical space situated on a 1.09-acre site with abundant surface and covered parking. Originally constructed in 1987, the building has undergone extensive renovations and capital improvements, including a complete remodel of the third floor in 2025, significant second-floor renovations, a full first-floor remodel in 2023, and substantial ground-level improvements completed in 2024.
The building is home to a diverse mix of healthcare, professional service, and executive suite tenants, creating stable cash flow while minimizing reliance on any single occupant. Current ownership occupancy by healthcare-related businesses provides a unique value-add opportunity, as a significant portion of the building is leased below prevailing market rates. A future investor may realize meaningful revenue growth through lease renewals, tenant turnover, or market-rate repositioning.
With a strategic location, recent capital improvements, established tenant base, and future income growth opportunities, 941 Hillwind Rd NE represents a compelling opportunity for investors seeking stable cash flow with value-add potential in one of the Twin Cities' strongest suburban office and medical markets.
7088736
MLS
941 Hillwind Road NE, Fridley
Listing courtesy of LPT Realty, LLC.
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