Share This Listing

Message

934 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Eagan Retail Center 1992-2000 Rahncliff Ct 10,018 SF 100% Leased Retail Building Eagan, MN 55122 $4,500,000 ($449.19/SF) 7% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 100% occupied retail center with excellent historical occupancy.
  • Well located with easy access to both Highway 77 and 35E.
  • Future upside potential with majority of tenants at below market rental rates.
  • Strong retail corridor featuring Target, Trader Joe’s, Cub Foods and many other national retailers.
  • Cliff road features more than 20,000 daily drivers and 35E features more than 70,000 cars per day.
  • 80,000 homes are located within a 5-mile radius of the property.

EXECUTIVE SUMMARY

CBRE is pleased to exclusively present the opportunity to acquire the Eagan Retail Center. This offering includes two buildings totaling 10,018 square feet of retail and medical space, situated on an oversized parcel. The shopping center is located on a signalized hard corner within the Cliff Road retail trade area, and benefits from being shadow-anchored by Target. The tenancy is diverse, comprising of national, regional, and local service-based tenants. With the majority of rents significantly below those of new construction competitors, the property enjoys high tenant demand and strong future occupancy fundamentals for a prospective owner.
The property is well-positioned with 80,000 households within a 5-mile radius, and an average household income of over $133,000 within a 3-mile radius. Key traffic drivers in the immediate area include Target, Cub Foods, Trader Joe’s, Emagine Theaters, as well as a variety of retailers and dining options.
This offering provides an opportunity to acquire a stabilized Class A med-retail investment in a highly sought-after retail trade area within the south metro of the Twin Cities.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
10,018 SF
Building Class
B
Year Built
2013
Price
$4,500,000
Price Per SF
$449.19
Cap Rate
7%
NOI
$315,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Parking
40 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
121’ on Cliff Rd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -

Noodles & Company opened its first restaurant in Denver, Colorado in 1995, offering noodle and pasta dishes with the goal of delivering fresh ingredients and flavors from around the world under one roof -from Pad Thai to Mac & Cheese. The brand was founded on the core principle that good food can be served quickly and conveniently in an inviting atmosphere without sacrificing quality, freshness or flavor, all at a value-oriented price point! Today, Noodles & Company delivers on that core principle across hundreds of restaurants and in dozens of states in the U.S. every bowl, every guest, every time.

  • Retailer
  • -
  • -
  • -

Founded in 1997 by friends Dena Tripp and Debbie Shwetz, Nothing Bundt Cakes began in Las Vegas with a shared dream to bring joy through cake. What started in home kitchens has grown into a beloved national brand with over 600 bakeries across the U.S. and Canada. Known for their signature cream cheese frosting and nostalgic yet elevated flavors, the brand offers Bundt cakes in various sizes for every celebration—from birthdays to “just because.” With a focus on quality ingredients and heartfelt service, Nothing Bundt Cakes continues to spread joy one Bundt at a time.

  • Sotarol Asian Kitchen
  • -
  • -
  • -
  • -
  • Services
  • -
  • -
  • -

Sport Clips is a U.S.-based haircare franchise founded in 1993 by Gordon Logan in Austin, Texas. The company introduced a sports-themed concept tailored to men and boys, combining haircut services with an entertainment-focused environment. Sport Clips began franchising in 1995 and has since expanded across all 50 states and into Canada. The brand emphasizes a standardized haircut experience and offers additional services such as shampoo treatments and hot towel wraps. Sport Clips is privately held and headquartered in Georgetown, Texas. Over the years, it has been recognized among top franchise systems by Entrepreneur and Forbes. The company also engages in philanthropic initiatives, including its “Help A Hero” program supporting veterans.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - -
Retailer - - -
Sotarol Asian Kitchen - - - -
Services - - -

NEARBY MAJOR RETAILERS

Starbucks
Trader Joe's
Old National Bancorp
Leeann Chin
U.S. Bank
Cub Foods
Caribou Coffee
Aqua-Tots Swim Schools
F45
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10-62725-03-001
  • 10-62725-03-002
Land Assessment
$911,200
Improvements Assessment
$2,298,500
Total Assessment
$3,209,700
  • Listing ID: 38671895

  • Date on Market: 12/5/2025

  • Last Updated:

  • Address: 1992-2000 Rahncliff Ct, Eagan, MN 55122

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}