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    FOR LEASE
    Strip malls

    1340 Duckwood Dr, Eagan, MN 55123

    24,440 SF 4.05 ac lot Built 1990
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US46-1105337
    1340 Duckwood Dr, Eagan, MN 55123 For Lease
    $3,030,000
    1340 Duckwood Dr, Eagan, MN 55123
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    Property summary
    AI-generated overview

    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
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1990
    Construction CONCRETE
    Total area 24,440 SF
    Lot 4.05 ac (176,418 SF)
    Zoning code R
    APN 10-21925-01-010
    UPID US46-1105337
    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
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.03M
    Owner & transaction history
    Duckwood Square LLC · 7 yrs held
    Duckwood Square LLC
    since 2019
    3 recorded transactions
    2019
    1969
    1969
    Zoning & alternative use
    R · Eagan, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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