4050 Dean Lakes Blvd, Shakopee, MN 55379

14,699 SF | Retail Building | Shakopee, MN 55379 | $3,489,000 ($237/SF) | 10.05% Cap Rate

For Sale

Active

5 pictures

Asking Price $3,489,000

Property Type: Retail
Square Feet: 14,699 SF
Price / Square Foot: $237

Listing Contacts

John Zikos

Joseph Nuchereno

Dean Straka

Property Info

Property Overview

Absolute Triple Net Lease
· 8.5 Years remaining, including 3-year free rent period at the end of the base term of the lease
Affluent, High Growth Market & Hard Corner Outparcel
· Average Household income exceeds $216,000 within a 1-mile radius and site is an outparcel on a signalized intersection to Lowe’s
Home Improvement
Upgraded Store
· CVS recently renovated the store to include a HealthHub at their expense
Existing Assumable Zero Cash Flow Loan
· Please see page 5 of the Offering Memorandum for more details on assuming new loan or placing new debt

Property Details

Class: B
Year Built: 2006
Stories: 1
Property Subtype: Freestanding, Drug Store
Lot Size (sq. ft): 75,359 SF

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