14800 Granada Ave Apple Valley, MN 55124
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R · Apple Valley, MNApple Valley. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.