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    FOR LEASE
    Community centers

    14150 Nicollet Ave, Burnsville, MN 55337

    129,048 SF 11.06 ac lot Built 1979
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US46-0701646
    Property summary
    AI-generated overview

    This exceptional 39,978 square foot retail space is ideally situated at 14150 Nicollet Avenue in Burnsville, Minnesota, zip code 55337. The property boasts a single-tenant occupancy and is currently fully vacant, presenting a unique opportunity for a new business to establish a significant presence. The building has undergone recent renovations, ensuring modern and functional space for its next occupant. A key advantage is its prime location within the Burnsville Regional Trade Area, benefiting from high visibility and substantial foot traffic. The property's adjacency to M Health Fairview Ridges Hospital further enhances its appeal, drawing a consistent flow of potential customers. Ample parking is available with 179 spaces provided for customers and employees. This is a rare chance to secure a large, well-located retail space in a thriving area, offering significant potential for growth and success. The property is classified as a Big Box Sublease, offering a substantial footprint for a variety of retail uses. The property's location is easily accessible and offers excellent visibility. This is a turnkey opportunity for a business seeking a high-profile location in a dynamic market.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1979
    Construction CONCRETE
    Total area 129,048 SF
    Lot 11.06 ac (481,774 SF)
    Zoning code R
    APN 02-26100-02-040
    UPID US46-0701646
    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
    Current use
    Occupant on record · Public records
    • Turnstyle Consignment - Burnsville Minnesota Discount Store (Bike/Boat/Book/etc) Store
    • Aveda Retail Center Hair Salon
    • PetSmart (Bike/Boat/Book/etc) Store Pet Store & Service
    • Volta Charging Station Electric Vehicle Charging Station
    • Cobblestone Court Shopping Center Shopping Center & Mall
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $13.78M
    Owner & transaction history
    Cobblestone Properties LLC · 13 yrs held
    Cobblestone Properties LLC
    since 2013
    1 recorded transaction
    2013
    Zoning & alternative use
    R · Burnsville, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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