Property profile

1565 Cliff Rd Eagan, MN 55122

FOR LEASE
Strip malls
Property ID
US46-1003029
42,923 SF 5.8 ac lot Built 1987
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

Thomas Lake Center offers a fantastic 841-square-foot retail space for lease in the thriving city of Eagan, Minnesota. Situated at 1565 Cliff Rd, zip code 55122, this multi-tenant shopping center boasts a convenient location just off Cliff Road, providing excellent visibility and accessibility. The property is classified as a retail storefront within a larger shopping center, ideal for a variety of businesses. Suite 13 presents a single, readily available space, perfect for entrepreneurs seeking a well-positioned retail presence. The center features ample parking, catering to both tenants and customers, ensuring a convenient shopping experience. The surrounding area is densely populated, offering a substantial customer base for any retail operation. Located in Dakota County, Minnesota, this property benefits from a strong local economy and a high concentration of potential customers. The space's 841 square feet provide ample room for a variety of retail configurations, making it a versatile option for various business models. This is an exceptional opportunity to establish or expand a retail business in a high-traffic, desirable location. Contact us today to learn more about leasing this exceptional retail space.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction CONCRETE
Total area 42,923 SF
Lot 5.8 ac (252,648 SF)
Zoning code R
APN 10-75925-01-010
UPID US46-1003029

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1565 Cliff Rd Eagan, MN 55122
Eagan metro Census 60733 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.90M

Owner & transaction history

since 2014
3 recorded transactions
2021
Price N/A
2014
$2.1M
1969
Price N/A

Zoning & alternative use

R · Eagan, MN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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