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    OFF-MARKET
    Retail properties & Spaces

    1533-1559 Larpenteur Ave, Falcon Heights, MN 55113

    27,000 SF Built 1985
    Property ID
    Property summary
    AI-generated overview

    Falcon Crossing, a single-story, 27,000 square foot retail and office building in Falcon Heights, Minnesota, offers exceptional executive office space. Built in 1985 and situated at 1533-1559 West Larpenteur Avenue, this highly visible brick building boasts a desirable location near major shopping centers (Rosedale and HarMar malls), the University of Minnesota's St. Paul campus, and the Minnesota State Fairgrounds. The property features three suites available, ranging from 1,183 to 1,526 contiguous square feet, with a 12'6" ceiling height. Ample surface parking is provided with a ratio of 4.5 stalls per 1,000 square feet, totaling 98 spaces. The building enjoys a strong tenant mix including national and local businesses. This well-maintained property, upgraded by the previous owner, consistently maintains high occupancy rates, making it an attractive investment opportunity in a thriving commercial area. Located in Ramsey County, zip code 55113, this property presents a unique chance to establish a presence in a high-traffic, high-visibility location. The property is conveniently situated at the corner of Larpenteur and Snelling Avenues.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1985
    Total area 27,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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