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3-Suite Industrial Warehouse

21725 Hanover Ave, Lakeville, MN 55044

For Lease
Contact for pricing

Sprinkler protection and drive-in access support a flexible warehouse layout.

Space Size4,045 SF - 9,403 SF
Property Size17,777 SF
Days on Market9

Property Features for 21725 Hanover Ave

General Information

Standard status Active
Size 4,045 SF - 9,403 SF
Net Rentable 17,777 SF
Total Parking Spaces 25
Property subtype Industrial
Zoning I-2 General Industrial

Space & Availability

Available Space 17,777 SF
Contiguous Space 17,777 SF
Space Use Warehouse

Lease Terms

Lease Rate $5.25 /SF/YR
Monthly Rent $7,777
Rent per SF/Year $5.25
CAM $3.93 /SF/YR

Warehouse & Industrial

Clear Height 16 ft
Warehouse Space 17,777 SF
Drive-In Doors 1
Sprinkler System Yes

Building Details

Building Size 17,777 SF

Spaces For Lease

at 21725 Hanover Ave Contact us

Space B Active

Size 9,403 SF
Contact us

Space C1 Active

Size 4,045 SF
Contact us

Space C2 Active

Size 4,329 SF
Contact us
Listing Agency: Cerron Properties
Listed By: Rocky Ranch · License #MN
Source: Crexi
Added: Nov 1 Changed: Nov 8 Last Checked: Nov 8 at 2:56PM

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 Cerron Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 17,777-square-foot warehouse is arranged as three spaces measuring 9,403 RSF, 4,045 RSF and 4,329 RSF. Building features include sprinkler protection, 16 feet of clear height, one drive-in door and 25 parking spaces. The property is zoned I-2 General Industrial.

At 21725 Hanover Ave in Lakeville, Minnesota, the building is located in Airlake Industrial Park.

Key Highlights

  • 17,777‑square‑foot warehouse divided into three spaces: 9,403 RSF, 4,045 RSF and 4,329 RSF
  • 16‑foot clear height
  • One drive‑in door

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

GWC Midwest Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Electrical Service Hair Salon Garden Center Furniture & Home Goods Law Firm

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

16 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$0.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55044, MN

60,446
Population
22,519
Households
2.7
Avg Household Size
37
Median Age
54%
College-Educated
97%
High-School Grad
65.3 sq mi
ZIP Area
926
Density / Sq Mi
$140,612
Median Household Income
$69,991
Median Earnings
$1,730
Median Rent
$464,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Warehouses in Lakeville

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Airlake Storage — 21470 Grenada Ave, Lakeville, MN 55044
  • Reliable Mini Storage, LLC — 8252 210th st w, lakeville, mn 55044
  • Public Storage — 21002 Heron Way, Lakeville, MN 55044

Frequently Asked Questions

What type of property is this?
Warehouse - Sprinkler protection and drive-in access support a flexible warehouse layout.
Where is this warehouse located?
The property is located at 21725 Hanover Ave Lakeville, MN.
What are key features of this property?
This property features: 17,777‑square‑foot warehouse divided into three spaces: 9,403 RSF, 4,045 RSF and 4,329 RSF; 16‑foot clear height; One drive‑in door
(612) 363-2116 Call to check price and availability
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