16731 State Hwy Prior Lake, MN 55372
- Neighborhood centers
- 81,229 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 16731 State Hwy
- Year built
- 1975
- Property size
- 81,229 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
South Lake Village offers 4 available medical office suites ranging from 860 to 3,436 square feet within an 81,229 square foot, single-story Class B building situated on a 5.48-acre lot in Prior Lake's central business district. This multi-tenant property, built in 1975, boasts a prime location with frontage along Highway 13 and is anchored by Lunds & Byerly's grocery store, ensuring high visibility and foot traffic. The complex provides ample parking for tenants and patrons, and benefits from the presence of nearby dining and entertainment options. The available spaces are ideal for medical practices seeking a well-established location in a thriving community. The property features both storefront and interior suite options, catering to diverse business needs. Located in the Southwest submarket of Scott County, Minnesota, with a cross street of Duluth Avenue SE and APN 254700010, this property offers a unique opportunity to establish or expand a medical practice in an affluent area with an average household income exceeding $102,000 within a one-mile radius. Currently, 4,596 square feet of space is vacant. The property is categorized as Retail, Office, with subtypes including Medical Office, Storefront, and Strip Center.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prior Lake
- County
- Scott
- State
- Minnesota
- Longitude
- -93.4292
- Latitude
- 44.7069
