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14001-14033 Grand Ave
Burnsville, MN 55337
McAndrews Shopping Center · Retail Property For Sale
Investment Highlights
- Strategically positioned in a major retail hub with nearby national retailers, including Target, Kohl's, Best Buy, Barnes & Noble, Petco, and more.
- Located off I-35W with pylon signage visible to over 47,000 vehicles passing by each day.
- Located in a growing market with a population of 183,985 and an average household income of $111,551 within five miles.
- Excellent investment opportunity to enjoy a cash-flowing asset with an in-place NOI of $265K with value-add through leasing the available 5 units.
Property Facts
Property Type
Retail
Building Size
32,948 SF
Building Class
C
Year Built/Renovated
1987/2004
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
3.06 AC
Zoning
B3 - General Business District
Parking
158 Spaces (4.8 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 02-26103-01-010 | Improvements Assessment | $2,938,300 |
| Land Assessment | $1,161,700 | Total Assessment | $4,100,000 |
Property Taxes
Parcel Number
02-26103-01-010
Land Assessment
$1,161,700
Improvements Assessment
$2,938,300
Total Assessment
$4,100,000
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