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Executive Summary

This Class A office building is ideally situated on Burnsville Parkway at I-35W. The property has great visibility and is surrounded by retail, residential and businesses. Located in the downtown redevelopment area known as the Heart of the City (HOC), the area is a vibrant, mixed-use, growing community. Traffic counts or 92,000vpd on 35W and 17,000vpd on Burnsville Parkway.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Building Size
20,217 SF
Building Class
B
Year Built/Renovated
2007/2018
Price
$5,750,000
Price Per SF
$284.41
Cap Rate
6.75%
NOI
$388,125
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,739 SF
Slab To Slab
13’6”
Building FAR
0.15
Lot Size
3.13 AC
Zoning
HOC-2 Heart of the City
Parking
55 Spaces (2.72 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Bus Line
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 201
  • 2,019 SF
  • Office/Medical
  • Full Build-Out
  • Nov 2026

This Class A office building is ideally situated on Burnsville Parkway at I-35W. The property has great visibility and is surrounded by retail, residential and businesses. Located in the downtown redevelopment area known as the Heart of the City (HOC), the area is a vibrant, mixed-use, growing community. Traffic counts or 92,000vpd on 35W and 17,000vpd on Burnsville Parkway.

Space Size Space Use Build-Out Available
1st Fl-Ste 201 2,019 SF Office/Medical Full Build-Out Nov 2026

1st Fl-Ste 201

Size
2,019 SF
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
Nov 2026

1st Fl-Ste 201

Size 2,019 SF
Space Use Office/Medical
Build-Out Full Build-Out
Available Nov 2026

This Class A office building is ideally situated on Burnsville Parkway at I-35W. The property has great visibility and is surrounded by retail, residential and businesses. Located in the downtown redevelopment area known as the Heart of the City (HOC), the area is a vibrant, mixed-use, growing community. Traffic counts or 92,000vpd on 35W and 17,000vpd on Burnsville Parkway.

Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
02-11475-01-010
Land Assessment
$532,500
Improvements Assessment
$2,516,700
Total Assessment
$3,049,200
  • Listing ID: 41748257

  • Date on Market: 4/13/2026

  • Last Updated:

  • Address: 550 Burnsville Pky, Burnsville, MN 55337

Contact the Sale Advisor

550 Burnsville Pky

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