Single-Tenant Retail
For Sale
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1600 County Road 42 West, Burnsville, MN 55337
New Best Buy retail building completed in 2024 with a remaining 11.8-year lease term and strong corridor access.
Property Size45,000 SF
Price / SF$403.33
Days on Market63
Property Features for 1600 County Road 42 West
General Information
Standard status
Active
Size
45,000 SF
Class
A
Total Parking Spaces
193
Property subtype
Retail
Zoning
B3 (General Business), subject to an approved PUD
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$1,089,000
Site & Location
Traffic Count
64,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2024
Tenancy
Single
Listing Agency:
CBRE - Oak Brook
Listed By:
Michael Kaider · License #IL 475154630
Source:
Crexi
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 8 at 2:41PM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
This newly constructed, single-tenant Best Buy retail building was completed in 2024 and totals approximately 45,000 square feet. The property is presented as a retail investment with 11.8 years of term remaining. Best Buy relocated to this site from another location within the market, and the company is publicly traded (NYSE: BBY) with a BBB+ credit rating.
The property is located in Burnsville, Minnesota at 1600 County Road 42 West, within the Burnsville Market retail corridor. It benefits from exceptional visibility along County Road 5 and Egan Drive, generating over 64,000 vehicles per day, with immediate access to both I-35E and I-35W. Cub Foods, which reopened in 2025 following the development of Burnsville Market, is a shadow anchor with a brand-new 87,764-square-foot flagship store and a new 20-year lease.
Neighboring national tenants include LensCrafters, Wingstop, and Smoothie King. Adjacent to the Best Buy, 7 Brew has signed a 15-year ground lease on a future pad development site. The site sits across from Burnsville Center and is surrounded by dominant retailers including Costco, Target, Home Depot, and Total Wine, supporting a broader regional shopping draw.
The property is located in Burnsville, Minnesota at 1600 County Road 42 West, within the Burnsville Market retail corridor. It benefits from exceptional visibility along County Road 5 and Egan Drive, generating over 64,000 vehicles per day, with immediate access to both I-35E and I-35W. Cub Foods, which reopened in 2025 following the development of Burnsville Market, is a shadow anchor with a brand-new 87,764-square-foot flagship store and a new 20-year lease.
Neighboring national tenants include LensCrafters, Wingstop, and Smoothie King. Adjacent to the Best Buy, 7 Brew has signed a 15-year ground lease on a future pad development site. The site sits across from Burnsville Center and is surrounded by dominant retailers including Costco, Target, Home Depot, and Total Wine, supporting a broader regional shopping draw.
Key Highlights
- Newly constructed single‑tenant Best Buy retail building completed in 2024
- 45,000 SF Best Buy building with 11.8 years of remaining lease term
- Best Buy is shadow‑anchored by a new 87,764 SF Cub Foods flagship store that reopened in 2025 with a new 20‑year lease
Property Analytics
Property Profile
Current Use
Lease Details
64,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,449
Businesses Nearby
515k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 29%
Superstores 26%
Shops & Services 16%
Apparel 12%
Target
Superstores
132,281 visits/mo
0.4 miles
McDonald's
Dining
37,817 visits/mo
0.1 miles
The Home Depot
Home Improvements & Furnishings
32,839 visits/mo
0.2 miles
JCPenney
Apparel
24,930 visits/mo
0.4 miles
Michaels
Shops & Services
24,893 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - New Best Buy retail building completed in 2024 with a remaining 11.8-year lease term and strong corridor access.
Where is this retail space located?
The property is located at 1600 County Road 42 West Burnsville, MN.
What is the asking price?
The asking price for this property is $18,150,000.
What are key features of this property?
This property features: Newly constructed single‑tenant Best Buy retail building completed in 2024; 45,000 SF Best Buy building with 11.8 years of remaining lease term; Best Buy is shadow‑anchored by a new 87,764 SF Cub Foods flagship store that reopened in 2025 with a new 20‑year lease
