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14198 Commerce Ave NE Commerce Avenue Northeast Prior, Prior Lake, MN 55372

Leasing options include individual office suites and a contiguous larger space within a single-story retail/office building.

Space SizeContact for details
Days on Market49

Property Features for 14198 Commerce Ave NE Commerce Avenue Northeast Prior

General Information

Standard status Active
Total Parking Spaces 50
Property subtype Mixed Use

Additional Details

Highway Access Yes

Amenities

prominent signage
ADA-friendly access

Building Details

Stories 1
Tenancy Multi
Listing Agency: Colliers | Minneapolis-St. Paul
Listed By: Laura Gill · License #20379862
Source: Thebrokerlist
Added: Jul 24 Changed: Sep 8 Last Checked: Sep 10 at 5:21AM

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 Colliers | Minneapolis-St. Paul

Investment Insights

Based on property information with market context.

Available office suites include Suite 300 (708 SF, mtm), Suite 500 (895 SF, vacant), or Suites 300 and 500 as a contiguous space totaling 1,603 SF. The building provides ADA-friendly access and is part of a well-maintained, multi-tenant, single-story retail/office property.

The property is located in the central Savage/Prior Lake commercial hub at the intersection of Highways 42 and 13. It offers prominent signage along Commerce Ave and parking with a 4.56/1,000 SF ratio and 50 surface spaces.

Professional co-tenants include Edina Realty, Edina Realty Mortgage, Learning Power Academics, and AB & B Insurance. Traffic counts include 26,130 VPD on Hwy 13 S, 21,020 VPD on Egan Dr, 3,065 VPD on Commerce Ave NE, and 7,971 VPD on Boudin St NE.

Key Highlights

  • Office suites for lease: Suite 300 (708 SF, mtm), Suite 500 (895 SF, vacant), or contiguous Suite 300 & 500 (1,603 SF).
  • 2026 CAM: $6.75 PSF and tax: $3.79 PSF; lease rate is negotiable.
  • Part of a multi‑tenant, single‑story retail/office building with ADA‑friendly access.

Property Analytics

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Current Use

Lisa Ford Edina ... Real Estate Agency Lisa Leicht - Your ... Real Estate Agency Tess Andrews - Edina ... Real Estate Agency Chad and Sara Huebener ... Real Estate Agency Chico Ford Edina ... Real Estate Agency

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service HVAC Service Kitchen & Bath Showroom 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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby

Demographics for 55372, MN

34,327
Population
12,631
Households
2.7
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
58.5 sq mi
ZIP Area
587
Density / Sq Mi
$140,835
Median Household Income
$66,558
Median Earnings
$1,406
Median Rent
$450,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 units - Leasing options include individual office suites and a contiguous larger space within a single-story retail/office building.
Where is this office units located?
The property is located at 14198 Commerce Ave NE Commerce Avenue Northeast Prior Prior Lake, MN.
What are key features of this property?
This property features: Office suites for lease: Suite 300 (708 SF, mtm), Suite 500 (895 SF, vacant), or contiguous Suite 300 & 500 (1,603 SF).; 2026 CAM: $6.75 PSF and tax: $3.79 PSF; lease rate is negotiable.; Part of a multi‑tenant, single‑story retail/office building with ADA‑friendly access.
More about this property
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