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    20855 Kensington Blvd Lakeville, MN 55044

    For Lease
    Contact for pricing

    Modern Office Suites, 2,999 - 45,900 SF

    Lot size:
    54,986 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-story office building, located at 20855 Kensington Blvd in Lakeville, Minnesota, offers a variety of executive office spaces for lease. The property boasts a total of 54,986 square feet, situated on a generous 5.02-acre lot. Multiple tenancy options are available, with spaces ranging from a minimum of 2,999 square feet to a maximum contiguous space of 45,900 square feet. Currently, there is 87,321 square feet of vacant space ready for immediate occupancy. Built in 1996, this well-maintained building is zoned O-P Office Park, ensuring compatibility with a range of professional businesses. The property's address is 20855 Kensington Blvd, Lakeville, MN 55044, and its location within Dakota County provides easy access to major transportation routes and amenities. The property's APN is 22-24501-01-010. This is an excellent opportunity for businesses seeking high-quality, flexible office space in a desirable location. Contact us today to learn more about leasing options and explore the possibilities for your business.

    Property Features for 20855 Kensington Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,986 SF

    Building Details

    Year Built
    1996
    Stories
    2

    Unit(s) available at that property

    Space
    Tenant 2
    Size
    11,300 SF
    Space
    Tenant 3
    Size
    8,978 SF
    Space
    Tenant 4
    Size
    6,422 SF
    Space
    Tenant 5
    Size
    2,999 SF
    Space
    Tenant 1
    Size
    11,722 SF
    Space
    Available Space
    Size
    45,900 SF

    HighLights

    • Beautiful two‑story office building, approximately 54,986 square feet.
    • Approximately 45,900 square feet available for lease.
    • Built in 1996.
    • Property ID: 22‑24501‑01‑010.
    • Situated on a 5.02‑acre lot.
    • Excellent Lakeville location in Fairfield Business Park, near I‑35 and CR‑70.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Idaho PERCS Ambulance Service NMEMSTARS Ambulance Service Little Trenders Preschool Preschool ImageTrend LLC Software Company Michigan EMS Information ... Ambulance Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2871793
    Latitude
    44.6471481

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Suites, 2,999 - 45,900 SF
    Where is this office property / space located?
    The property is located at 20855 Kensington Blvd Lakeville, MN.
    What are key features of this property?
    This property features: Beautiful two-story office building, approximately 54,986 square feet.; Approximately 45,900 square feet available for lease.; Built in 1996.
    Request Owner's contact information
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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
    20855 Kensington Blvd Lakeville, MN 55044
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