3420 Denmark Ave Eagan, MN 55123-1088
Property profile & analytics
3420 Denmark Ave Eagan, MN 55123-1088
- Strip malls
- 19,678 SF
- 2.58 lot acres
Property ID
US46-0414100
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 3420 Denmark Ave
- Year built
- 1988
- Construction
- CONCRETE
- Lot size
- 2.58 lot acres
- Property size
- 19,678 SF
- Zone code
- R
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 10-77069-01-010
- APU
- 107706901010
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Eagan
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.1589
- Latitude
- 44.831
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$83,832
$1,298,200
$1,888,400
$3,186,600
-
$1,298,200
$1,888,400
$3,186,600
