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4640 Knutsen Drive, Farmington, MN 55024

Retail space completed in 2026 is supported by an 18-year lease and corporate guaranty.

Property Size10,104 SF
Price / SF$757.13
Days on Market5

Property Features for 4640 Knutsen Drive

General Information

Standard status Active
Size 10,104 SF
Property subtype Retail, Special Purpose
Lease Type Absolute Net
Net Operating Income $535,000

Building Details

Year Built 2026
Tenancy Single
Listing Agency: Matthews
Listed By: Bryce Wong · License #CA 02149788
Source: Crexi
Added: Aug 7 Changed: Aug 11 Last Checked: Aug 11 at 4:10AM

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 Matthews

Investment Insights

Based on property information with market context.

This retail property was constructed in 2026 and is identified as a 10,104-size asset in the listing data. The offering includes an 18-year lease with a corporate guaranty. The property is located at 4640 Knutsen Drive in Farmington, Minnesota 55024.

Key Highlights

  • Completed in 2026
  • 18‑year lease
  • Corporate guaranty

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Restaurant Real Estate Agency Auto Parts Store Big Box & Wholesale Store Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
McDonald's Dining
18,029 visits/mo 0.1 miles

Demographics for 55024, MN

35,948
Population
12,840
Households
2.8
Avg Household Size
35
Median Age
37%
College-Educated
94%
High-School Grad
85.1 sq mi
ZIP Area
422
Density / Sq Mi
$123,582
Median Household Income
$61,349
Median Earnings
$1,427
Median Rent
$350,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space completed in 2026 is supported by an 18-year lease and corporate guaranty.
Where is this retail space located?
The property is located at 4640 Knutsen Drive Farmington, MN.
What is the asking price?
The asking price for this property is $7,650,000.
What are key features of this property?
This property features: Completed in 2026; 18‑year lease; Corporate guaranty
More about this property
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