14033 Commerce Ave NE - Storefront Retail/Office FOR SALE


Prior Lake, MN 55372
$1,775,000 USD
651-214-4555
14033 Commerce Ave NE, Prior Lake, MN for Sale
$1,775,000 USD
Storefront Retail/Office - FOR SALE
1/2
null | 7.35% Cap Rate

14033 Commerce Ave NE
Prior Lake, MN 55372


OVERVIEW

Located at the high-traffic intersection of Highway 13 and County Road 42 in Prior Lake, MN, this fully leased commercial property presents a premier investment opportunity. With 100% occupancy and a diverse tenant mix, it offers immediate income and long-term potential. The property features a balanced portfolio of long-term and short-term leases, providing both stability and flexibility for future renewals. Its prime frontage ensures excellent visibility, while the surrounding area continues to thrive with ongoing development and strong consumer demand. This turnkey asset is ideal for investors seeking dependable cash flow with minimal management, making it a proven performer in a sought-after commercial corridor.

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

7.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

Commercial

APN/PARCEL ID

25-194-006-0

ASK ABOUT THIS PROPERTY

Nathan KarrickColliersMore Info
651-214-4555

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Nathan KarrickColliersMore Info
651-214-4555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.