550 West Burnsville Parkway — Sale in Burnsville, MN

  • Price: $5.8M
  • Listing type: For sale
  • Asset type: Office
  • Location: Burnsville, MN 55337
  • Size: 20,217 SF

Photos

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Investment Figures

Price per square foot
$284

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Introducing our Class A Office, South Metro Showcase Investment Asset, located in the beautiful City of Burnsville. This impressive property features a 20,217 SF, Two-Story structure, with 4 tenants. Built in 2007, the modern design and construction ensures a contemporary workplace environment. Zoned Transit-Oriented Development (TOD), the location presents a lucrative opportunity for an investor. Situated in the dynamic Burnsville area, the property benefits from high visibility and accessibility, ideal for attracting business tenants. High-Traffic & Prime Visibility location on Burnsville Pkwy, at the 35W intersection. Over 11,300 Vehicles Per Day. Strong tenant mix with primary banking anchor tenant, Old National Bank, occupying the main floor & offering a Drive-through for customers. Ample parking with over 54 Stalls. Beautifully landscaped property. Building SF: 20217 | Listing Type: FOR SALE

Market Context

This office in Burnsville, MN is listed for sale at $5,750,000 across 20,217 SF. Compare it against other office listings for sale in Burnsville, MN — view the full market.

As of Q1 2026, the Minneapolis office market showed a 26.4% vacancy rate, average asking rents near $29.95/SF/yr, and rents up 3.4% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

Is the Minneapolis office market tightening or softening?
Vacancy is around 26.4%, with asking rents rising year over year (Q1 2026).

First seen on CREHunt: Aug 23, 2026

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