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    OFF-MARKET
    Strip malls

    3420 Denmark Ave, Eagan, MN 55123-1088

    19,678 SF 2.58 ac lot Built 1988
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US46-0414100
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents the Town Centre Shoppes, a thriving retail center in Eagan, Minnesota. Comprising three buildings totaling 44,692 square feet on a 5.77-acre lot, this property boasts 100% occupancy with 19 diverse tenants, none exceeding 12% of the gross leasable area (GLA). Built in 1988, the property has undergone significant recent improvements, including over $550,000 in capital expenditures within the last two years. These upgrades encompass parking lot and sidewalk replacement, stucco repairs, and fresh paint. The property's strategic location on two hard corners at a signalized intersection in Eagan's primary commercial corridor ensures high visibility. Nearby national retailers such as Walmart, Home Depot, TJ Maxx, Walgreens, Cub Foods, and Aldi contribute to strong traffic flow. The average household income within a three-mile radius is $139,000, significantly exceeding the national average. This unanchored shopping center offers a stable investment with a weighted average lease term exceeding 15 years and a strong weighted average remaining lease term (WALT) of 3.5 years. The property's address is 3420 Denmark Ave, Eagan, MN 55121, and its APN is 10-77069-01-010, 10-77055-01-030, 10-77055-01-040, 10-77055-01-041. This is a rare opportunity to acquire a legacy property with a proven track record of success.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1988
    Construction CONCRETE
    Total area 19,678 SF
    Lot 2.58 ac (112,385 SF)
    Zoning code R
    APN 10-77069-01-010
    UPID US46-0414100
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Eagan Town Centre 2025 LLC · 1 yrs held
    Eagan Town Centre 2025 LLC
    since 2025
    Last sale
    $12.5M
    4 recorded transactions
    2025
    $12.5M
    1969
    1969
    1969
    Zoning & alternative use
    R · Eagan, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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