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Burnsville Office/Showroom/Warehouse Complex
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12270-12274 Nicollet Ave, Burnsville, MN 55337

Office, production, and warehouse spaces in Burnsville, Minnesota.

Space Size5,608 SF
Days on Market1800

Property Features for 12270-12274 Nicollet Ave

General Information

Standard status Active
Size 5,608 SF
Property subtype OFFICE

Spaces For Lease

at 12270-12274 Nicollet Ave
Nicollet Corporate I For Lease $8/SF/Yr
Floor LL
Size 5,608 SF
Type OFFICE
Lease Type NET_NNN
Availability AVAILABLE, Now
Sublease No
The Nicollet Corporate Center is a 83,000 square foot complex consisting of three office showroom buildings located immediately north of Highway 13, one mile east of 35W in Burnsville. This facility offers high quality office, production, and warehouse space for lease. Nicollet Corporate Center overlooks a wildlife preserve and provides employee patio areas. The project currently houses tenants who appreciate the convenience, amenities and low occupancy costs provided by these attractive buildings. Wellington Management acquired Nicollet Corporate Center in 2007 and continues to provide all leasing and property management services.
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Listing Agency: Wellington Management Inc
Listed By: Kori DeJong
Source: Moodyscre
Added: Nov 3, 2021 Changed: Sep 10 Last Checked: Oct 5 at 3:17PM

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 Wellington Management Inc

Investment Insights

Based on property information with market context.

Nicollet Corporate Center is a complex of three office and showroom buildings located in Burnsville, Minnesota, just north of Highway 13 and one mile east of 35W. The property features office, production, and warehouse spaces and overlooks a wildlife preserve. It is located a three-minute drive from Burnsville Heart of the City, which includes apartments, restaurants, and retail stores such as Red’s Savoy Pizza, Mediterranean Cruise Café, Jensen’s Café, Caribou Coffee, Cub Foods, Mind’s Eye Comics, and Bridal Accents Couture. The complex was acquired in 2007 and offers convenience, natural beauty, and low occupancy costs.

Key Highlights

  • High‑quality office, production, and warehouse space.
  • Convenient location immediately north of Highway 13 and one mile east of 35W.
  • Overlooks a beautiful wildlife preserve.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Storage Facility Pharmacy Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

916
Businesses Nearby

Demographics for 55337, MN

47,333
Population
19,695
Households
2.4
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
18.7 sq mi
ZIP Area
2,531
Density / Sq Mi
$81,641
Median Household Income
$46,602
Median Earnings
$1,463
Median Rent
$327,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office, production, and warehouse spaces in Burnsville, Minnesota.
Where is this office building located?
The property is located at 12270-12274 Nicollet Ave Burnsville, MN.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: High‑quality office, production, and warehouse space.; Convenient location immediately north of Highway 13 and one mile east of 35W.; Overlooks a beautiful wildlife preserve.
(651) 999-5540 Call to check price and availability
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