14551 Judicial Rd, Burnsville, MN
Fully leased, 18,880 SF office building near retail and restaurants.
- Added:
- Sep 19, 2024
- Days on Market:
- 632
- Last Refresh:
- May 20 at 9:34 pm
Property Features for 14551 Judicial Rd
General Information
- Standard status
- Active
- Size
- 18,880 SF
- Lot size
- 2.23 Acres
- Property subtype
- OFFICE
Listing agent Rocky Ranch License #20373014 (952) 583-6135
Listing office Cerron Commercial Properties (952) 583-6135
Listing date Sep 19, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cerron Commercial Properties
HighLights
- Fully leased 18,880 SF building
- Ideal for Office / Medical / Tech / Showroom
- High‑end finishes and nicely finished interior
- Ample parking
- Great demographics
- Near retail and restaurants
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $421.4k | $22.32 |
| − Vacancy | −$109.1k | −$5.78 |
| EGI | $312.3k | $16.54 |
| − OpEx | −$78.1k | −$4.13 |
| NOI | $234.2k | $12.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Burnsville
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.3075
- Latitude
- 44.7396
