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11356 215th St W 89,775 SF Industrial Building Lakeville, MN 55044 $6,750,000 ($75.19/SF)

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Investment Highlights

  • Strategic Lakeville location near I-35 and Amazon MSP6
  • Dual warehouse sections with 20’ and 16’ clear heights
  • Office/showroom and mezzanine spaces support diverse uses
  • 13 dock doors and 2 drive-in doors for flexible logistics
  • Fenced yard and sprinkler system for enhanced security
  • Available January 2026 with negotiable sale terms

Executive Summary

Prime Industrial Opportunity: 11356 215th Street W, Lakeville, MN 55044
Discover an exceptional investment in the heart of Minnesota's thriving south metro area. This versatile office-warehouse facility at 11356 215th Street W, Lakeville, MN 55044, offers nearly 90,000 square feet of functional space on a sprawling 10.79-acre site, perfectly positioned for logistics, manufacturing, or distribution operations. Priced at $6.75 million, this property combines modern expansions with robust infrastructure, making it an ideal choice for businesses seeking scalability and efficiency.
Expansive and Adaptable Layout
Built in 1974 with thoughtful additions in 1990, 1993, and 2005, the building spans approximately 89,775 square feet, designed to support a wide range of industrial needs. The space breakdown includes:
• Office/Showroom (Main Level): 5,909 SF – A welcoming front-facing area ideal for client interactions, featuring professional finishes and ample natural light.
• Mezzanine Office: 1,768 SF – Elevated workspace for administrative teams, providing privacy and oversight of operations.
• Mezzanine Storage: 4,127 SF – Convenient overhead storage to maximize floor efficiency.
• High-Clear Warehouse: 45,360 SF with 20' clear height – Perfect for heavy machinery, racking systems, or large-scale assembly.
• Standard Warehouse: 32,611 SF with 16' clear height – Versatile for general storage, packing, or light manufacturing.
This configuration allows for seamless workflow integration, from executive offices to high-volume warehousing, ensuring your business runs smoothly and grows without constraints.
Key Features and Infrastructure
Engineered for productivity and safety, this property boasts premium amenities that set it apart:
• Loading and Access: 13 dock doors and 2 drive-in doors for efficient truck maneuvering and quick turnaround times.
• Security and Protection: Fully sprinklered building with a fenced yard for secure outdoor storage or vehicle parking.
• Parking and Utilities: 100 dedicated parking stalls to accommodate staff and visitors; serviced by city water and two septic systems for reliable operations.
• Expansion Potential: The generous 10.79-acre lot offers room for future development, such as additional buildings or expanded yard space.
With a Class C building rating and single-tenancy design, it's ready for immediate customization to fit your vision.
Strategic Location in a Growing Hub
Nestled in Dakota County, this Lakeville gem benefits from excellent connectivity. Proximity to I-35 provides swift access to the Twin Cities metropolitan area, major airports, and regional supply chains. Lakeville's business-friendly environment, combined with the south metro's economic growth, positions this property as a smart long-term asset. Whether you're expanding locally or establishing a Midwest foothold, the location minimizes transit costs and maximizes market reach.
Investment Details
• Asking Price: $6,750,000 (recently reduced for motivated sellers).
• Taxes: 2025 real estate taxes estimated at $144,488.
• Availability: Ready for occupancy starting January 31, 2026.
• Alternative Option: Also available for lease at $5.95/SF on an absolute net basis.
This is more than a building—it's a foundation for success. Contact Rocky at Cerron 612-363-2116 or email rockyr@cerron.com today to schedule a tour and explore how this property can elevate your operations. Don't miss out on this rare opportunity in one of Minnesota's most dynamic industrial corridors!

Property Facts

Price $6,750,000
Price Per SF $75.19
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 10.78 AC
Rentable Building Area 89,775 SF
No. Stories 1
Year Built 1974
Tenancy Single
Parking Ratio 2.35/1,000 SF
No. Dock-High Doors/Loading 13
No. Drive In / Grade-Level Doors 2

Amenities

  • Fenced Lot
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Builders FirstSource is the nation’s largest supplier of structural building products, value-added components and services to the professional market for new residential construction and repair and remodeling. Their focus is on providing unparalleled service to both large and small customers. Through investments in innovation and an unmatched portfolio of value-added products and manufacturing capabilities, they're revolutionizing the homebuilding industry – outperforming today and transforming tomorrow.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 89,775 SF
  • Industrial
  • Full Build-Out
  • Now

Now available for lease, this 89,775 SF office/warehouse building in Lakeville offers a highly functional layout for light manufacturing, distribution, or showroom operations. The facility includes 5,909 SF of main office/showroom space, 1,768 SF of mezzanine office, and 4,127 SF of mezzanine storage, complemented by two warehouse sections with 20’ and 16’ clear heights. Thirteen dock doors and two drive-in doors support seamless logistics, while sprinkler systems and a fenced yard enhance safety and security. Located just minutes from I-35 and surrounded by national retailers, hotels, and industrial users—including Amazon MSP6—the site offers excellent visibility and access. The lease rate presents a competitive value in a high-demand submarket. Available beginning January 2026, this property is ideal for tenants seeking a scalable and well-located facility in the south metro.

Space Size Space Use Condition Available
1st Floor 89,775 SF Industrial Full Build-Out Now

1st Floor

Size
89,775 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 89,775 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Now available for lease, this 89,775 SF office/warehouse building in Lakeville offers a highly functional layout for light manufacturing, distribution, or showroom operations. The facility includes 5,909 SF of main office/showroom space, 1,768 SF of mezzanine office, and 4,127 SF of mezzanine storage, complemented by two warehouse sections with 20’ and 16’ clear heights. Thirteen dock doors and two drive-in doors support seamless logistics, while sprinkler systems and a fenced yard enhance safety and security. Located just minutes from I-35 and surrounded by national retailers, hotels, and industrial users—including Amazon MSP6—the site offers excellent visibility and access. The lease rate presents a competitive value in a high-demand submarket. Available beginning January 2026, this property is ideal for tenants seeking a scalable and well-located facility in the south metro.

Property Taxes

Property Taxes

Parcel Number
22-03600-54-015
Land Assessment
$444,800
Improvements Assessment
$4,767,000
Total Assessment
$5,211,800
  • Listing ID: 37270231

  • Date on Market: 8/14/2025

  • Last Updated:

  • Address: 11356 215th St W, Lakeville, MN 55044

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