Listing Agency: m***@cbre.com Show Phone

Listed By: Matt Oelschlager Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 16 Last Checked: Aug 20 at 8:55AM

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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 Matt Oelschlager

Investment Insights

Based on property information with market context.

This property offers a total of 162,753 square feet, including 12,000 square feet of office space and 150,753 square feet of warehouse space. The loading area is equipped with 32 docks, 19 of which have levelers, and 1 drive-in door.

Key Highlights

• Large warehouse space: 150,753 SF
• Substantial loading capacity: 32 docks, 19 with levelers
• Total area: 162,753 SF

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Real Estate Agency Garden Center Parking Lot & Garage Carpet & Flooring Store

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

160

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 55379, MN

48,254

Population

18,028

Households

2.7

Avg Household Size

35

Median Age

40%

College-Educated

93%

High-School Grad

57.9 sq mi

ZIP Area

833

Density / Sq Mi

$109,824

Median Household Income

$55,390

Median Earnings

$1,540

Median Rent

$366,300

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - 162,753 SF warehouse space available for lease.

Where is this warehouse located?

The property is located at 5651 Innovation Boulevard Shakopee, MN.

What are key features of this property?

This property features: Large warehouse space: 150,753 SF; Substantial loading capacity: 32 docks, 19 with levelers; Total area: 162,753 SF