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Property profile & analytics
FOR LEASE
Commercial real estate

8010 Old Carriage Ct Shakopee, MN 55379

3,670 SF 1.18 ac lot Built 2003
Entity Owned 12-yr Hold Free & Clear
Property ID
US46-0624942
No photos on file
For Lease
$540,000
8010 Old Carriage Ct, Shakopee, MN 55379
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Property summary
AI-generated overview

This exceptional 3,662 square foot retail space, built in 2003, is ideally situated in the Southwest Minneapolis submarket on a 1.18-acre lot. Currently vacant, this single-tenant property offers an unparalleled opportunity for businesses seeking high visibility and accessibility. The building boasts plentiful traffic drivers, strategically located within an area experiencing outstanding population growth. Daily traffic counts are extremely high, exhibiting very favorable traffic patterns for optimal customer reach. The property features a very visible signage opportunity, ensuring maximum brand exposure. Ample parking is available in the spacious lot, providing convenient access for customers and employees. The entire 3,662 square feet is available for immediate occupancy, presenting a blank canvas for a discerning tenant to create their ideal retail environment. This location offers a unique blend of high traffic volume and strategic placement within a thriving community, making it an exceptional investment opportunity for businesses seeking significant growth potential. The property's size and location make it suitable for a wide range of retail uses. The year 2003 construction date suggests a relatively modern building with potential for efficient operation.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2003
Total area 3,670 SF
Lot 1.18 ac (51,401 SF)
APN 27-360003-0
UPID US46-0624942
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
$350k
CAP Approach CAP
$540k
Comparable Approach Comparable
$357k
Blend (final) Blend
$540k
Owner & transaction history
L & K Capitals LLC · 12 yrs held
L & K Capitals LLC
since 2014
3 recorded transactions
2014
$750,000
2014
$767,051
2009
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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