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    1370 Mendota Heights Rd Mendota Heights, MN 55120

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    For Sale
    $3,786,685

    NNN leased property with long-term tenant through 2040.

    Property size:
    20,821 SF
    Lot size:
    1.69 Acres

    Property Features for 1370 Mendota Heights Rd

    General Information

    Size
    20,821 SF
    Lot size
    1.69 Acres

    Source: Crossroads Properties Agent Zac Houle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mendota Heights Renovated NNN Property

    This property features a single tenant and a 100% occupancy rate. It is under an absolute NNN lease that extends through December 31, 2040, and includes two 3-year renewal options. The property was newly renovated in 2020 and has a size of 20,821 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Hair Salon Auto Repair Shop Dental Office Skin Care Clinic Storage Facility Grocery Store Bar & Pub Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mendota Heights
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.1654354
    Latitude
    44.8650349

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    FAQs

    What type of property is this?
    Office building - NNN leased property with long-term tenant through 2040.
    Where is this office building located?
    The property is located at 1370 Mendota Heights Rd Mendota Heights, MN.
    What is the asking price?
    The asking price for this property is $3,786,685.
    What are key features of this property?
    This property features: - Absolute NNN Lease through 12/31/2040; - 100% Occupancy Rate – Single Tenant; - Newley Renovated in 2020
    (651) 248-7567
    Request Owner's contact information
    1370 Mendota Heights Rd Mendota Heights, MN 55120
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    Mendota Heights, MN 55120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1370 Mendota Heights Rd Mendota Heights, MN 55120
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