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    15875 Franklin Trl Prior Lake, MN 55372

    For Lease
    Contact for pricing

    Flexible Suites, 1200-2454 SF Available

    Lot size:
    15,164 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located at 15875 Franklin Trail SE in Prior Lake, Minnesota, offers multiple flexible spaces ideal for a variety of businesses. Situated within the Northgate Center, this 15,164 square foot building provides a vibrant and established commercial environment. Currently, there are 1,480 square feet of vacant space available, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,454 square feet. The property's diverse tenant mix includes a salon and spa, restaurant, and other established businesses, creating a strong synergy and high foot traffic. The location in Scott County, Minnesota, offers easy access to major transportation routes and a thriving community. This is an excellent opportunity for businesses seeking a well-located, adaptable space in a bustling commercial center. The property is categorized as retail, but also suitable for fitness, office, or service-based businesses, depending on the tenant's needs. The building's existing infrastructure supports a variety of uses, making it a versatile option for prospective tenants. This is a chance to establish or expand your business in a prime Prior Lake location.

    Property Features for 15875 Franklin Trl

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,164 SF

    Unit(s) available at that property

    Space
    Suite: 109
    Size
    1,480 SF
    Space
    Salon & Spa 1/101
    Size
    2,061 SF

    HighLights

    • 1480 SF of office/retail space available for lease.
    • Four weeks of free rent offered.
    • Attractive, upscale space ideal for retail or office use.
    • Join a vibrant tenant mix including Array Salon & Spa, Pizza N Pasta, DCI Group, and Goldsmith Eye Clinic.
    • Opportunity for independent ownership and flexible hours.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brad & Sue Hansen ... Insurance Agency Array Salon & Spa Beauty Salon Concrete Science Concrete Contractor House Of Hustle Clothing Store Pizza N' Pasta Pizza Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Prior Lake
    County
    Scott
    State
    Minnesota
    Longitude
    -93.4141528
    Latitude
    44.7187863

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    FAQs

    What type of property is this?
    Office Property / Space - Flexible Suites, 1200-2454 SF Available
    Where is this office property / space located?
    The property is located at 15875 Franklin Trl Prior Lake, MN.
    What are key features of this property?
    This property features: 1480 SF of office/retail space available for lease.; Four weeks of free rent offered.; Attractive, upscale space ideal for retail or office use.
    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
    15875 Franklin Trl Prior Lake, MN 55372
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