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11000 Prairie Lakes Dr
Eden Prairie, MN 55344
Prairie Lakes Corporate Center I · Office Property For Sale
Investment Highlights
- 130,645 SF office building to be delivered vacant as of January 2027 (currently is NOI and cash flow positive, so closing sooner is benefit to buyer)
- Dynamic, Amenity-Rich Eden Prairie Location:
- Prairie Lakes Corporate Center I has a prime Eden Prairie location adjacent to Eden Prairie Center with excellent access and visibility from I-494
- Functional 6-story office building constructed in 1981 with fitness center, complimentary shared conference room, and ample parking
Executive Summary
Prairie Lakes Corporate Center I is a well-located 130,645 square foot, 6-story office building in Eden Prairie, Minnesota. The Property offers an unmatched lakeside location and expansive lake views and sits on over 8 acres. The building has an expansive parking field and enclosed executive/underground parking and is protected from street visibility via a well-incorporated, beautiful berm. Located just off I-494 and steps away from the bustling Eden Prairie Center, both tenants and their clients have easy access to various dining, shopping, and entertainment options.
Prairie Lakes Corporate Center I boasts a full amenity package, iconic Minnesota lakeside grounds, fully equipped gym, cafe infrastructure, 40 climate controlled executive parking stalls, and has been owned by one of the market’s most renowned developers and operators. The building comes with approximately 8 acres and is an ideal fit for an investor or owner-user or alternative use.
Visit CBRE Deal Flow to electronically submit the Confidentiality Agreement to receive access to the Sale Brochure: https://www.cbredealflow.com/buyer/agreement?pv=JFXOTOGNoAhJCp9i5yuo7WoxhWmJxVOHsGwXRCbNIxzNTDoHrmQmjnjf0WHN4IUr
Prairie Lakes Corporate Center I boasts a full amenity package, iconic Minnesota lakeside grounds, fully equipped gym, cafe infrastructure, 40 climate controlled executive parking stalls, and has been owned by one of the market’s most renowned developers and operators. The building comes with approximately 8 acres and is an ideal fit for an investor or owner-user or alternative use.
Visit CBRE Deal Flow to electronically submit the Confidentiality Agreement to receive access to the Sale Brochure: https://www.cbredealflow.com/buyer/agreement?pv=JFXOTOGNoAhJCp9i5yuo7WoxhWmJxVOHsGwXRCbNIxzNTDoHrmQmjnjf0WHN4IUr
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
130,645 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1991
Price
$4,300,000
Price Per SF
$32.91
Percent Leased
40%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
21,774 SF
Slab To Slab
12’
Building FAR
0.23
Lot Size
13.05 AC
Zoning
OFC - Office District with PUD overlay (OFC). Potential for 170+ MUH units, but ownership prefers a nondevelopment -like transaction and timeline.
Parking
534 Spaces (4.09 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Fitness Center
- Food Service
- Central Heating
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 13-116-22-32-0003 | Improvements Assessment | $8,495,000 |
| Land Assessment | $5,691,000 | Total Assessment | $14,186,000 |
Property Taxes
Parcel Number
13-116-22-32-0003
Land Assessment
$5,691,000
Improvements Assessment
$8,495,000
Total Assessment
$14,186,000
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