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Property profile & analytics
FOR SALE
Retail space

17625 Kenrick Ave Lakeville, MN 55044

20,567 SF 2.35 ac lot Built 2011
Entity Owned 13-yr Hold Free & Clear
Property ID
US46-1389141
Property summary
AI-generated overview

This exceptional freestanding retail building, located at 17625 Kenrick Avenue in Lakeville, Minnesota, presents a unique opportunity for a single tenant. Boasting a substantial 20,567 square feet of space, the building is entirely vacant and ready for immediate occupancy. Constructed in 2011, the property is a single-story structure situated on a generous 2.35-acre lot encompassing 102,366 square feet. Ample parking is provided with 96 spaces available for customers and employees. The building is zoned C-3, allowing for a wide range of retail uses. Its location in Dakota County, with a 55044 zip code, offers excellent visibility and accessibility. The property's size and layout provide significant flexibility for a variety of retail concepts. This is an ideal opportunity for a business seeking a prominent location with substantial space in a thriving community. The property is ready for immediate lease and offers a chance to establish a strong retail presence in a high-traffic area. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2011
Total area 20,567 SF
Lot 2.35 ac (102,543 SF)
APN 22-11875-01-063
UPID US46-1389141
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
$1.93M
Owner & transaction history
Dawft Lakeville Gw LLC · 13 yrs held
Dawft Lakeville Gw LLC
since 2012
3 recorded transactions
2024
Price N/A
2021
Price N/A
2012
$3.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $3.1M +6.9%
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More about this property
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