14001 Grand Ave Burnsville, MN 55337
- Strip malls
- 33,245 SF
- 3.06 lot acres
Current Use by Public Records
- MN Pro Store / Clothing Store
- Liberty Oxygen & Medical Equipment / Oxygen Equipment Supplier / Medical Equipment Supplier
Property Details for 14001 Grand Ave
- Year built
- 1987
- Construction
- CONCRETE
- Lot size
- 3.06 lot acres
- Property size
- 33,245 SF
- Zone code
- R
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 02-26103-01-010
- APU
- 22610301010
Description
McAndrews Center, located at 14001 Grand Ave in Burnsville, MN 55337, offers exceptional retail and showroom space. This single-story, 32,948 square foot Class B building, constructed in 1987 and renovated in 2010, sits on 3.06 acres of land and boasts 12 suites. Spaces range from 1,630 to 7,287 contiguous square feet, with a 10-foot ceiling height throughout. The property features 125 total parking spaces and benefits from a highly visible location along the I-35W corridor, shadow anchored by Home Depot. Prominent signage opportunities exist within this established center, currently home to a mix of local and national tenants including Avis Budget Rent Car Rental, Johnson Wellness & Fitness, Salon Centric, and Ecofun Motorsports. The property is professionally managed and enjoys a strong trade area with major retailers nearby. A tenant improvement allowance is available. The zoning is Retail/Showroom. Annual property taxes and CAM charges are $8.95 per square foot (2024).
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,610,000
- 6.5%
- $3,150,000
- 7%
- $3,185,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,505,000
- Geo Method
- $3,535,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,465,000
- Retail
- $3,250,000
- Mixed-Use
- $3,235,000
- Hospitality
- $4,400,000
- Educational
- $3,260,000
- Residential Income
- $3,285,000
- Energy
- $3,320,000
- Income-Based Land
- $3,280,000
- Food Service
- $4,395,000
Location Insight
- Map
- Local Demand
- City
- Burnsville
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.2833
- Latitude
- 44.7496
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA