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    4250 Lexington Ave Eagan, MN 55123

    Sponsored
    For Lease
    $20 SF/Yr

    Single-tenant retail space, 18,360 sq ft.

    Lot size:
    18,360 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional single-tenant retail property, located at 4250 Lexington Ave S in Eagan, Minnesota, presents a compelling investment opportunity. The property, known as Lexington Center, boasts a substantial 18,360 square feet of building space situated on a generous 2.41 acres of land. Built in 1986, the structure is well-established within the Eagan community, offering excellent visibility and accessibility. The property's classification as a strip center and its single-tenant occupancy provide a streamlined management structure and potential for stable, long-term income. The property's address is conveniently located in Eagan, MN, zip code 55123, providing easy access to major transportation routes and a thriving local market. With its significant square footage and prime location, this retail property is ideally suited for a variety of businesses seeking a well-established presence in a desirable area. The property's size and location offer significant potential for growth and return on investment. Further details regarding the property's current occupancy and lease terms are available upon request. This is a rare opportunity to acquire a substantial retail property in a highly sought-after location.

    Property Features for 4250 Lexington Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,360 SF
    Total Rate
    30600

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    Size
    1,670 SF
    Rate per SF
    $20

    HighLights

    • 18,360 SF single‑tenant retail building on 2.41 acres in Eagan, MN.
    • High‑traffic neighborhood center near schools and athletic fields.
    • Previously a fitness center.
    • Features a large outdoor patio, ideal for various uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Subway Caterer Lexington Center Business Center KidStrong Eagan Physical Fitness Program Quad Coin Bitcoin ... Atm United Tobacco & Vape Tobacco Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eagan
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.1424421
    Latitude
    44.8029823

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    FAQs

    What type of property is this?
    Neighborhood center - Single-tenant retail space, 18,360 sq ft.
    Where is this neighborhood center located?
    The property is located at 4250 Lexington Ave Eagan, MN.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 18,360 SF single-tenant retail building on 2.41 acres in Eagan, MN.; High-traffic neighborhood center near schools and athletic fields.; Previously a fitness center.
    Request Owner's contact information
    4250 Lexington Ave Eagan, MN 55123
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    Eagan, MN 55123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4250 Lexington Ave Eagan, MN 55123
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