Log In/Sign Up
Your email has been sent.
14033 Commerce Ave NE 10,000 SF 100% Leased Retail Building Prior Lake, MN 55372 $1,775,000 ($177.50/SF) 7.35% Cap Rate


EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Building Class
C
Year Built
1985
Price
$1,775,000
Price Per SF
$177.50
Cap Rate
7.35%
NOI
$130,463
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.17
Lot Size
1.38 AC
Zoning
Commercial
Parking
66 Spaces (6.6 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Banking
- Signage
- Air Conditioning
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 25-194-006-0 | Improvements Assessment | $187,900 |
| Land Assessment | $1,412,100 | Total Assessment | $1,600,000 |
PROPERTY TAXES
Parcel Number
25-194-006-0
Land Assessment
$1,412,100
Improvements Assessment
$187,900
Total Assessment
$1,600,000
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
14033 Commerce Ave NE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
