17625 Kenrick Ave, Lakeville, MN 55044
For Sale
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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.
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
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.