Property profile

1340 Duckwood Dr Eagan, MN 55123

FOR LEASE
Strip malls
Property ID
US46-1105337
24,440 SF 4.05 ac lot Built 1990
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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1340 Duckwood Dr, Eagan, MN 55123 For Lease
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1340 Duckwood Dr, Eagan, MN 55123
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Property summary

AI-generated overview

This 24,000 square foot retail center, situated on 4.05 acres in Dakota County, presents a unique investment opportunity. Built in 1990, the property currently has 2,100 square feet of vacant space available for lease, ideal for a variety of retail uses. The center benefits from its location in Eagan, Minnesota, an area characterized by high household incomes and a growing residential population. The presence of major corporate offices such as Activision, Prime Therapeutics, and Blue Cross Blue Shield within close proximity ensures a robust daytime population and high traffic volume. Further contributing to the property's appeal is the anticipated increase in daytime traffic due to the expansion of several corporate headquarters within a 3-mile radius. The property's annual taxes are $4.67 per square foot. This well-located retail center offers excellent visibility and accessibility, making it an attractive option for businesses seeking to establish or expand their presence in a thriving market. The multiple tenancy structure provides flexibility and potential for diverse tenant mixes. The available space offers a chance to capitalize on the strong economic fundamentals of the Eagan area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Construction CONCRETE
Total area 24,440 SF
Lot 4.05 ac (176,418 SF)
Zoning code R
APN 10-21925-01-010
UPID US46-1105337

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1340 Duckwood Dr Eagan, MN 55123
Eagan metro Census 60727 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.03M

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R · Eagan, MN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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