Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2605 Cliff Rd E Burnsville, MN 55337

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Upper level office space with high visibility and flexible layout.

    Property size:
    1,600 SF
    Lot size:
    0.48 Acres

    Property Features for 2605 Cliff Rd E

    General Information

    Size
    1,600 SF
    Lot size
    0.48 Acres

    We can help!

    Listing Contact
    Randy Simpson
    Randy Simpson
    Source: Moodyscre

    Listing Agent: Randy Simpson

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

    Learn more

    Property Insight Report

    Overview

    Office Space on Cliff Road

    Available for lease is an upper-level office space located at the corner of Cliff Road and Kennelly. The space encompasses approximately 1600 square feet and features a layout that includes 5 offices, a reception area, and a break room. There is a possibility of creating additional offices within the space. The property benefits from great visibility with signage opportunities on a busy four-lane road. The gross monthly rate is $3200, which includes utilities, excluding internet service. The lower level of the building is also available for lease at an additional cost.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Albers Law Office Law Firm Olson Law Office Law Firm Slim and Trim Construction ... Roofing Company Signal 88 Security ... Security Service Paul J Huber ... Law Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2382894
    Latitude
    44.7899419

    Nearby Similar for Lease

    • Contact for pricing

      Office Warehouse Space For Lease

      Office and warehouse space with convenient highway access available for lease.
      1359 Larc Industrial Blvd, Burnsville, MN 55337
      View Details
    • $10 SF/Yr
      8,754 SF

      Office and Warehouse Space Available

      End cap vacancy with offices, conference rooms, and warehouse space.
      501-617 Travelers Trl, Burnsville, MN 55337
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in Burnsville Shops

      End cap retail space with pylon signage available for lease.
      550-560 County Road 42 W, Burnsville, MN 55337
      View Details
    • $1,800 /Mo
      256,075 SF

      Burnsville Retail/Office Suites Available

      Up to 8,000 SF of retail or office space available.
      12301 South Nicollet Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      1,648 SF

      Retail Space Available For Lease

      1,648 SF retail space available for lease.
      250-284 E Travelers Trl, Burnsville, MN 55337
      View Details
    • Contact for pricing
      4,360 SF

      Burnsville Office/Showroom Space For Rent

      Single-level office/showroom near Fairview Ridges Hospital with excellent access.
      150-172 Cobblestone Ln, Burnsville, MN 55337
      View Details
    • Contact for pricing
      6,747 SF

      Medical Facility in Burnsville Area

      Medical facility with easy access to highways and nearby amenities.
      675 Nicollet Blvd E, Burnsville, MN 55337
      View Details
    • Contact for pricing
      1,345 SF

      Retail Space in Burnsville Corridor

      Retail space with high visibility in Burnsville, Minnesota.
      13953-13976 Grand Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      1,232 SF

      Professional Office Condo For Lease

      First floor office condo with modern finishes and convenient parking.
      2420 E 117Th St, Burnsville, MN 55337
      View Details
    • Contact for pricing
      5,608 SF

      Burnsville Office Showroom Space

      High-quality office, production, and warehouse space for lease.
      12270-12274 Nicollet Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      2,782 SF

      Retail Space in Burnsville Marketplace

      Retail spaces available in Burnsville Marketplace with high traffic exposure.
      13901-14141 Aldrich Ave S, Burnsville, MN 55337
      View Details
    • Contact for pricing
      7,727 SF

      Former Restaurant with Freeway Visibility

      Freeway-visible former restaurant with redevelopment potential on 2.7 acres.
      14400 Buck Hill Rd, Burnsville, MN 55306
      View Details

    FAQs

    What type of property is this?
    Office units - Upper level office space with high visibility and flexible layout.
    Where is this office units located?
    The property is located at 2605 Cliff Rd E Burnsville, MN.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Great visibility signage on busy 4 lane road.; - Gross rate of $3200 per month includes utilities (except internet).; - Approximately 1600 sq. feet with 5 offices, reception area and break room.
    (612) 328-1435 Call to check price and availability
    Request Owner's contact information
    2605 Cliff Rd E Burnsville, MN 55337
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2605 Cliff Rd E
    Burnsville, MN 55337
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2605 Cliff Rd E Burnsville, MN 55337
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Randy Simpson
    Randy Simpson
    (612) 328-1435 (952) 447-9441
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!