14551 Judicial Rd, Burnsville, MN 55306
18,880 SF office building available in Burnsville, Minnesota.
- Added:
- Sep 27, 2024
- Days on Market:
- 648
- Last Refresh:
- Jul 5 at 11:48 am
Property Features for 14551 Judicial Rd
General Information
- Standard status
- Active
- Size
- 18,880 SF
- Property subtype
- Office
Building Details
- Year Built
- 1999
Listing office Cerron Properties
Listing date Sep 27, 2024
Source Crexi
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
HighLights
- Built in 1999
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $421.4k | $22.32 |
| − Vacancy | −$109.1k | −$5.78 |
| EGI | $312.3k | $16.54 |
| − OpEx | −$78.1k | −$4.13 |
| NOI | $234.2k | $12.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Burnsville
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.3074796
- Latitude
- 44.7396184
