Property summary
This 24,000 square foot retail center, situated on 4.05 acres in Dakota County, presents a unique investment opportunity. Built in 1990, the property currently has 2,100 square feet of vacant space available for lease, ideal for a variety of retail uses. The center benefits from its location in Eagan, Minnesota, an area characterized by high household incomes and a growing residential population. The presence of major corporate offices such as Activision, Prime Therapeutics, and Blue Cross Blue Shield within close proximity ensures a robust daytime population and high traffic volume. Further contributing to the property's appeal is the anticipated increase in daytime traffic due to the expansion of several corporate headquarters within a 3-mile radius. The property's annual taxes are $4.67 per square foot. This well-located retail center offers excellent visibility and accessibility, making it an attractive option for businesses seeking to establish or expand their presence in a thriving market. The multiple tenancy structure provides flexibility and potential for diverse tenant mixes. The available space offers a chance to capitalize on the strong economic fundamentals of the Eagan area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R · Eagan, MNZoning
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Zoning designation
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The district profile from the municipal source: what is on file for R in Eagan, MN.
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