Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    625 Prairie Center Dr Eden Prairie, MN 55344

    • Retail properties
    • 40,154 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 625 Prairie Center Dr

    Year built
    2022
    Property size
    40,154 SF
    Property type
    Retail properties

    Description

    This exceptional 40,154-square-foot retail space presents a remarkable opportunity for businesses seeking a high-profile location within the Eden Prairie Regional Trade Area. Located at 625 Prairie Center Drive, Eden Prairie, Minnesota 55344, this single-tenant property boasts a brand-new construction (2022) and a prominent freestanding presence. The building offers ample parking with 196 spaces available for customers and employees. Situated in Hennepin County, this property benefits from its proximity to established retailers and burgeoning new residential developments, ensuring high visibility and significant foot traffic. The entire space is currently vacant, providing a blank canvas for a discerning tenant to customize and create a truly impactful retail presence. This is an unparalleled chance to establish a flagship location in a thriving and dynamic market. The property's modern design and strategic location make it ideal for a wide range of retail concepts. With its substantial square footage and convenient parking, this space is ready to accommodate a large-scale operation or a multi-faceted retail experience. Don't miss this exceptional opportunity to secure a prime retail location in one of Minnesota's most desirable areas.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eden Prairie
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.4348
    Latitude
    44.8527

    Comparable in this City

    • Value Estimation by Request
      26,317 SF

      6409 City Pkwy

      Office Properties & Spaces • 26,317 SF
      6409 City Pkwy, Eden Prairie, MN 55344
      View Details
    • Value Estimation by Request
      11,585 SF

      6399 -6407 City Pkwy

      Restaurants • 11,585 SF
      6399 -6407 City Pkwy, Eden Prairie, MN 55344
      View Details
    • Value Estimation by Request
      4.11 Acres

      8621 Basswood Rd, Unit Q

      RESIDENTIAL PARKING GARAGE • 4.11 Acres
      8621 Basswood Rd, Eden Prairie, MN 55344-4178
      View Details
    • Value Estimation by Request
      4.11 Acres

      8621 Basswood Rd, Unit V

      RESIDENTIAL PARKING GARAGE • 4.11 Acres
      8621 Basswood Rd, Eden Prairie, MN 55344-4178
      View Details
    • Value Estimation by Request
      4.58 Acres

      11160 Anderson Lks Pkwyg31

      RESIDENTIAL PARKING GARAGE • 4.58 Acres
      11160 Anderson Lks Pkwyg31, Eden Prairie, MN 55344-7410
      View Details
    • Value Estimation by Request
      4.58 Acres

      11160 Anderson Lks Pkwy, Unit 216

      RESIDENTIAL PARKING GARAGE • 4.58 Acres
      11160 Anderson Lks Pkwy, Eden Prairie, MN 55344-4168
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      27,495 SF

      Edina Warehouse/Office Conversion Opportunity

      Edina building suitable for warehouse, office, or medical conversion.
      4200 76Th St, Edina, MN 55344
      View Details
    • $3,999,000
      896 SF

      Crosstown Woods Office Investment

      Eden Prairie Office Building, Multi-Tenant
      10125 Crosstown Cir, Eden Prairie, MN 55344
      View Details
    • $2,100,000
      10,350 SF

      Edina Warehouse with Pneumatic System

      10,350 SF warehouse on 1.03 acres in Edina.
      5000 78Th St W, Edina, MN 55344
      View Details
    • $295,000
      1,841 SF

      Eden Prairie Office Condo For Sale

      1,841 SF move-in ready office condo in Eden Prairie, MN.
      8220 Commonwealth Dr, Eden Prairie, MN 55344
      View Details
    • Contact for pricing
      93,000 SF

      Eden Prairie Flex/Industrial Building

      93,000 SF flex/industrial building with functional floor plan.
      6509 Flying Cloud Dr, Eden Prairie, MN 55344
      View Details
    • Contact for pricing

      Eden Prairie Development Opportunity

      Two adjacent parcels in Eden Prairie ready for development.
      Lone Oak Rd, Eden Prairie, MN 55344
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      26,317 SF

      Eden Prairie Office Space Available

      Executive Suites, 1,068 sq ft Available
      6409 City Pkwy, Eden Prairie, MN 55344
      View Details
    • Contact for pricing
      5,415 SF

      Retail Space Near Eden Prairie Mall

      Retail space available in a highly visible, accessible location.
      8280 Flying Cloud Dr, Eden Prairie, MN 55344
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Eden Prairie

      Retail spaces available in high-traffic Eden Prairie location.
      8240-8266 Commonwealth Dr, Eden Prairie, MN 55344
      View Details
    • Contact for pricing
      5,405 SF

      Edina Retail Space For Lease

      Prime Edina location near Galleria, excellent highway access.
      3501-3533 W 70Th St, Edina, MN 55344
      View Details
    • Contact for pricing
      1,542 SF

      Eden Prairie Retail/Office Space

      Retail and office spaces available for lease in Eden Prairie.
      7890 Mitchell Rd, Eden Prairie, MN 55344
      View Details
    • $22 SF/Yr
      11,585 SF

      Eden Prairie Retail Center Investment

      High-traffic retail space available.
      6399 -6407 City Pkwy, Eden Prairie, MN 55344
      View Details
    Request Owner's contact information
    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.
    625 Prairie Center Dr
    Eden Prairie, MN 55344
    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.

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.