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Single-Tenant Industrial Property
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3401 Hwy 55, Eagan, MN 55121

Sale-leaseback opportunity with a long-term occupancy arrangement and annual rent increases.

Property SizeContact for details
Days on Market143

Property Features for 3401 Hwy 55

General Information

Standard status Active
Property subtype Industrial

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Lee & Associates - Minneapolis
Listed By: Chris Garcia, SIOR · License #MN 40474611
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:13PM

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 Lee & Associates - Minneapolis

Investment Insights

Based on property information with market context.

This industrial property is occupied by a landscape company under a single-tenant sale-leaseback structure. The lease is established for a 10-year term and includes 3% annual increases, with commencement scheduled for August 1, 2024.

The site is positioned directly on Highway 55 in Eagan, Minnesota, providing a clearly identified highway location for the existing operation.

Key Highlights

  • Single‑tenant occupancy by a landscape company
  • 10‑year lease term
  • 3% annual lease increases

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Electrical Service

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby

Demographics for 55121, MN

9,468
Population
4,296
Households
2.2
Avg Household Size
36
Median Age
42%
College-Educated
95%
High-School Grad
9.6 sq mi
ZIP Area
986
Density / Sq Mi
$86,929
Median Household Income
$51,450
Median Earnings
$1,630
Median Rent
$299,500
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Industrial property - Sale-leaseback opportunity with a long-term occupancy arrangement and annual rent increases.
Where is this industrial property located?
The property is located at 3401 Hwy 55 Eagan, MN.
What are key features of this property?
This property features: Single‑tenant occupancy by a landscape company; 10‑year lease term; 3% annual lease increases
More about this property
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