Property summary
This exceptional investment opportunity presents the Granada Shopping Center, a well-maintained, two-building retail and office complex ideally situated in the heart of Apple Valley, Minnesota. Boasting a total of 41,300 square feet on a 1.13-acre lot, this Class B property offers multiple tenancy options, perfect for a variety of medical office uses or storefront businesses. Originally constructed in 1974 and extensively renovated in 2018, the property features single-story buildings with excellent visibility from the intersection of 147th Street West and Granada Avenue, providing high exposure to significant traffic volume. The property's location on the northwest quadrant of County Road 42 (Cedar Avenue) ensures prime accessibility and visibility. The zoning is RB - Retail Business, allowing for a range of commercial uses. Located in the Southeast submarket of Dakota County, the Granada Shopping Center benefits from abundant parking for both tenants and customers. Individual suites range in size up to 3,971 square feet, offering flexibility for various business needs. This property presents a rare opportunity to acquire a well-positioned, updated commercial center in a thriving Minnesota community. The address is 14800 Granada Ave, Apple Valley, MN 55124.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Pharmacy
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R · Apple Valley, MNZoning
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