160-190 Market St S, Shakopee, MN
Newly built commercial building in downtown Shakopee with office and shop.
- Added:
- Oct 30, 2025
- Days on Market:
- 224
- Last Refresh:
- May 20 at 8:28 pm
Property Features for 160-190 Market St S
General Information
- Standard status
- Active
- Size
- 7,520 SF
- Lot size
- 0.74 Acres
- Property subtype
- INDUSTRIAL
Listing agent Randy Kubes (612) 599-7440
Listing office Kubes Realty (612) 599-7440
Listing date Oct 30, 2025
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 Kubes Realty
HighLights
- Newly built commercial building in excellent condition
- Located in downtown Shakopee
- Four overhead garage doors
- 12' ceiling height and 10' door height
- 20 parking spaces
- Nice balance of office and shop area
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 | $167.8k | $22.32 |
| − Vacancy | −$43.5k | −$5.78 |
| EGI | $124.4k | $16.54 |
| − OpEx | −$31.1k | −$4.13 |
| NOI | $93.3k | $12.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shakopee
- County
- Scott
- State
- Minnesota
- Longitude
- -93.5185
- Latitude
- 44.7999
