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3340 Sherman Ct 8,192 SF 100% Leased Office Building Eagan, MN 55121 $2,450,000 ($299.07/SF) 7.30% Cap Rate

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EXECUTIVE SUMMARY

Approx. 8,192 SF Building on Approx. 1.14 Acre Site. 2 story, walk out on both levels. Medical/dental building in Eagan Town Center area. Easy access to and sign visible from 35E. Well maintained building with ample parking. Fully leased with 3 tenants—main tenant has long term lease. Nice landscaping. Building that requires little maintenance.
PROPERTY HIGHLIGHTS
Approx. 8,192 SF Building on Approx. 1.14 Acre Site
2 story, walk out on both levels
Medical/dental building in Eagan Town Center area
Easy access to and sign visible from 35E
Well maintained building with ample parking
Fully leased with 3 tenants—main tenant has long term lease
Dakota County PID#: 10-14225-01-060
Nice landscaping
Building that requires little maintenance
CAP Rate of 7.3%

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,192 SF
Building Class
C
Year Built
2005
Price
$2,450,000
Price Per SF
$299.07
Cap Rate
7.30%
NOI
$178,850
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,096 SF
Building FAR
0.16
Lot Size
1.14 AC
Zoning
C - Commercial
Parking
38 Spaces (4.64 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Carpenter Brothers Inc. Foundry
  • Agriculture, Forestry, Fishing and Hunting
  • -
  • -
  • -
  • Chronos College Planning
  • Educational Services
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

Our team is all about doing the best quality of work and having a great time while we’re at it. All members of our treatment staff are registered assistants, our office staff has years of experience offering patients expert advice and service and every member of our team is certified dynamo. Everybody here is warm, welcoming, fun loving, energetic and determined to make sure you have a smile that speaks volumes. We really get a kick out of not only transforming smiles but also seeing how the treatment transforms patients and gives them more confidence to smile proudly—to smile out loud!

  • Finance and Insurance
  • -
  • -
  • -

Farmers Insurance Group is a major U.S. insurer headquartered in Woodland Hills, California. Founded in 1928 by John C. Tyler and Thomas E. Leavey, the company began as Farmers Automobile Inter-Insurance Exchange and has grown into one of the largest property and casualty insurers in the country. Farmers offers a broad portfolio of insurance products, including auto, homeowners, renters, life, and commercial coverage, as well as financial services through affiliated entities. The organization operates as a group of reciprocal exchanges managed by Farmers Group, Inc., which is a wholly owned subsidiary of Zurich Insurance Group. Farmers serves millions of policyholders across all 50 states through a network of exclusive and independent agents.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Carpenter Brothers Inc. Foundry Agriculture, Forestry, Fishing and Hunting - - -
Chronos College Planning Educational Services - - -
Health Care and Social Assistance - - -
Finance and Insurance - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-14225-01-060
Land Assessment
$604,400
Improvements Assessment
$777,700
Total Assessment
$1,382,100
  • Listing ID: 36702068

  • Date on Market: 7/11/2025

  • Last Updated:

  • Address: 3340 Sherman Ct, Eagan, MN 55121

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