Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12750 Nicollet Ave Burnsville, MN 55337

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class A Office Suites, Burnsville, MN

    Lot size:
    31,640 SF

    Property Features for 12750 Nicollet Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,640 SF
    Class
    A

    Building Details

    Year Built
    2004

    Spaces For Lease

    at 12750 Nicollet Ave, Burnsville, MN 55337 Contact us

    We can help!

    Listing Contact
    Drew Bonjean
    Drew Bonjean

    Listing Agency: Caspian Group Listing Agent: Drew Bonjean

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Class A office building, located at 12750 Nicollet Ave in Burnsville, Minnesota, offers a prime opportunity for businesses seeking executive office space. The 31,640 square foot building, constructed in 2004, boasts a Transit Oriented Development (TOD) zoning, making it easily accessible. Multiple tenancy options are available, with spaces ranging from a minimum of 1,695 square feet to a maximum contiguous space of 7,556 square feet. Currently, 13,293 square feet of space is vacant. The building sits on a 0.48-acre lot and includes 15 parking spaces for tenant and visitor convenience. Situated in the heart of Burnsville, this award-winning property offers a vibrant and convenient location, with a full-service restaurant and boutique located within the building. Modern and flexible layouts cater to various business needs, featuring sleek conference rooms and collaborative workspaces. This is an ideal location for businesses seeking a prestigious and easily accessible address in a thriving urban environment. The property is zoned TOD, reflecting its proximity to transit options. Dakota County location provides access to a strong local economy and workforce.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ​View My Group (Bike/Boat/Book/etc) Store Judson Phillips Agency ... Insurance Agency Ficus & Fig (Bike/Boat/Book/etc) Store Grand Market B Grocery & Convenience Store Wilbur-Ellis Co Agricultural Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Burnsville
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.2782467
    Latitude
    44.7724119

    Nearby Similar for Lease

    • Contact for pricing
      11,173 SF

      Vibrant Retail Space in Burnsville

      Prime retail location with flexible spaces and high traffic.
      915 County Road 42 W, Burnsville, MN 55306
      View Details
    • $1,800 /Mo
      256,075 SF

      Burnsville Retail/Office Suites Available

      Up to 8,000 SF of retail or office space available.
      12301 South Nicollet Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      4,360 SF

      Burnsville Office/Showroom Space For Rent

      Single-level office/showroom near Fairview Ridges Hospital with excellent access.
      150-172 Cobblestone Ln, Burnsville, MN 55337
      View Details
    • Contact for pricing
      50,400 SF

      American Business Center I & II

      Burnsville, MN Office & Industrial Space
      2960 Judicial Rd, Burnsville, MN 55337
      View Details
    • Contact for pricing
      55,209 SF

      Cliffview Center: Burnsville Warehouse

      Versatile Warehouse Space, Excellent Location
      1101-1163 Cliff Rd, Burnsville, MN 55337
      View Details
    • Contact for pricing
      37,000 SF

      Burnsville Office & Warehouse Space

      Prime Burnsville location, flexible suites available.
      150 Cobblestone Ln, Burnsville, MN 55337
      View Details
    • $8 SF/Yr
      26,852 SF

      Burnsville Showroom: Flex Space Available

      Prime Burnsville Office/Showroom Space
      2200 117Th St, Burnsville, MN 55337
      View Details
    • Contact for pricing
      65,567 SF

      Southcross Commerce Center Office Space

      Burnsville, MN office & warehouse space
      2999 County Road 42, Burnsville, MN 55306
      View Details
    • Contact for pricing
      30,804 SF

      Burnsville Warehouse - 30,804 SF

      Industrial warehouse space for lease in Burnsville, MN.
      1684 Cliff Rd, Burnsville, MN 55337
      View Details
    • Contact for pricing
      12,600 SF

      Burnsville Flex Space Available

      Two Industrial Flex Units, 5,400-7,200 SF
      12255-12287 Nicollet Ave, Burnsville, MN 55337
      View Details
    • Contact for pricing
      30,783 SF

      Skyline Plaza Retail Center

      Burnsville Shopping Center - Space Available
      2000-2034 County Road 42, Burnsville, MN 55337
      View Details
    • Contact for pricing
      48,000 SF

      Burnsville Medical Office Space

      Prime Medical/Executive Office Suites in Burnsville, MN
      14000 Nicollet Ave, Burnsville, MN 55337
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Suites, Burnsville, MN
    Where is this office property / space located?
    The property is located at 12750 Nicollet Ave Burnsville, MN.
    What are key features of this property?
    This property features: Class A office building, 31,640 square feet, built in 2004, in Burnsville, MN.; Located in a prime Burnsville location with easy access to I-35W, I-35E, and the Burnsville Transit Center.; Multiple suites available, ranging from 1,695 to 7,556 contiguous square feet; 13,293 square feet currently vacant.
    (952) 412-0565 Call to check price and availability
    Request Owner's contact information
    12750 Nicollet Ave Burnsville, MN 55337
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12750 Nicollet Ave
    Burnsville, MN 55337
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    12750 Nicollet Ave Burnsville, MN 55337
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Drew Bonjean
    Drew Bonjean
    Real Estate License ID: 40743909
    (952) 412-0565 (952) 797-9999
    Learn more
    Google sign-in failed. Please try again or use another login method.