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Multi-Tenant Neighborhood Shopping Center
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6001 Egan Dr, Savage, MN 55378

Built in 1997, the center is currently 97% occupied at a signalized commercial intersection.

Property Size19,156 SF
Days on Market145

Property Features for 6001 Egan Dr

General Information

Standard status Active
Size 19,156 SF
Property subtype Office, Retail
Occupancy 97%

Additional Details

Corner Location Yes

Building Details

Year Built 1997
Tenancy Multi
Listing Agency: KW Commercial Eagan
Listed By: Tom Baker · License #MN 83134
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 7:16PM

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 KW Commercial Eagan

Investment Insights

Based on property information with market context.

Cherrywood Centre is a 19,156-square-foot shopping center with a multi-tenant neighborhood retail configuration. Constructed in 1997, the property is currently 97% occupied and offers an established center format for commercial ownership or leasing consideration.

The property occupies the corner of Highway 42 and Dakota St in Savage, Minnesota. Its address is 6001 Egan Dr, Savage, MN 55378, placing the center at a defined intersection within the local retail environment.

Key Highlights

  • 19,156‑square‑foot multi‑tenant shopping center
  • 97% occupied
  • Built in 1997

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Auto Repair Shop

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

97%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
Under-served
Demand for This Use

Demographics for 55378, MN

31,906
Population
11,857
Households
2.7
Avg Household Size
37
Median Age
51%
College-Educated
97%
High-School Grad
14.3 sq mi
ZIP Area
2,231
Density / Sq Mi
$122,237
Median Household Income
$58,171
Median Earnings
$1,608
Median Rent
$393,800
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
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Similar Off Market Nearby

  • Cherrywood Centre 6001 Egan Dr, Savage, MN 55378
  • O'Connell Square Egan Dr, Savage, MN 55378

Frequently Asked Questions

What type of property is this?
Shopping center - Built in 1997, the center is currently 97% occupied at a signalized commercial intersection.
Where is this shopping center located?
The property is located at 6001 Egan Dr Savage, MN.
What are key features of this property?
This property features: 19,156‑square‑foot multi‑tenant shopping center; 97% occupied; Built in 1997
More about this property
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