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11967892
11967894

7831 Glenroy Rd, Minneapolis, MN 55439

JB
MN 40788038
NAI Legacy
GF
MN - 40633365
NAI Legacy
Listed by NAI Legacy
$14 - $16/SF/YR
161 days on market
Updated 161 days ago

Paramount Plaza III

Building Details
Property Type Office
Sub Type Traditional Office
Tenancy Multiple
Lease Type Net
Class B
Total Building SqFt 75,526
Min Divisible SqFt 2,500
Max Contiguous SqFt 21,596
Vacant SqFt 65,000
Total Parking Spaces 220
Year Built 1982

Spaces

3179642
3179643
3179644
3179645
3179646
3179647

Office | 1 space available | 2,500 SqFt - 21,596 SqFt

Building description

Paramount Plaza III is a 75,560 SF Class B office building strategically positioned at 7831 Glenroy Road in Bloomington, Minnesota, offering exceptional freeway visibility along Interstate 494, with exposure to over 120,000 vehicles per day. The property provides a compelling opportunity for office users seeking a highly visible, accessible, and efficient workplace in the heart of the south and southwest metro.

The building features functional and flexible floor plates, two levels of underground parking, and convenient ingress/egress, making it particularly well-suited for a single corporate user, headquarters operation, or multi-tenant office environment. With a total of 220 on-site parking stalls, including 93 underground stalls, Paramount Plaza III delivers parking ratios that exceed many competing office assets in the submarket.

Currently, the entire 3rd and 4th floors are vacant and available for single-tenant occupancy or multi-tenant configurations, with suites divisible to approximately ±5,000 SF. Additional spec suites are under development and will be delivered soon, offering turnkey solutions for users seeking near-term occupancy.

Tenants benefit from competitive lease rates, NNN lease structures, and immediate access to I-494, Highway 100, and Highway 169—providing seamless connectivity to Minneapolis, Edina, Eden Prairie, and the broader Twin Cities metro.

Building highlights

  • ±75,560 SF Class B office building

  • High-profile I-494 visibility (120,000+ VPD)

  • 3rd & 4th floors fully vacant and divisible

  • Divisibility to ±5,000 SF

  • 220 total parking stalls | 93 underground

  • Ideal for single-tenant HQ or multi-tenant users

  • Competitive NNN lease rates

  • Spec suites coming soon

Paramount Plaza III presents a rare opportunity to secure high-visibility office space with strong fundamentals, flexible layouts, and long-term value in one of Bloomington’s most accessible office corridors.

Listing Contacts

JB
MN 40788038
NAI Legacy
GF
MN - 40633365
NAI Legacy
Listed by NAI Legacy

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Property History

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Additional Information

Name
John Bonawitz
License
40788038
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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