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14551 Judicial Rd 18,880 SF 100% Leased Office Building Burnsville, MN 55306 $2,950,000 ($156.25/SF) 8.68% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Gorgeous professional office building with high-end finishes in Burnsville for sale.
  • Ample parking.
  • Furniture can stay.
  • Near retail and restaurants.

EXECUTIVE SUMMARY

PROPERTY HIGHLIGHTS
Gorgeous professional office building with high-end finishes in Burnsville for sale
18,880 SF Building
Fully leased
NOI $256,128
Great demographics
Ample parking
Near retail and restaurants
PID# 02-47200-01-010
2025 RE Taxes: $52,784
Asking Price: $2,950,000
CAP Rate: 8.6
2025 RE Taxes: $52,784

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
18,880 SF
Building Class
B
Year Built
2001
Price
$2,950,000
Price Per SF
$156.25
Cap Rate
8.68%
NOI
$256,095
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,880 SF
Building FAR
0.19
Lot Size
2.23 AC
Zoning
I-3
Parking
78 Spaces (4.42 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-47200-01-010
Land Assessment
$519,900
Improvements Assessment
$1,419,200
Total Assessment
$1,939,100
  • Listing ID: 33223733

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 14551 Judicial Rd, Burnsville, MN 55306

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