Eagan, MN
Commercial Real Estate Market Trends & Data

$264 Avg asking sale price
$15 Avg asking lease rate
16,306 SF Avg unit lease size
77,602 SF Avg building size for sale
7.00% Average cap rate

Eagan's Demographic Profile

Eagan has 27,457 households and a median income of $100,664, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 68,211
# Households 27,457
Median age 41
Median household income $100,664
Avg household size 2.0
Renter-occupied housing units 8,740
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Eagan, MN

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Eagan $173 95,579 SF 7.40%
Mendota Heights $155 48,174 SF 7.40%
Nearby Retail Markets Avg Cost/SF Typical Size
Eagan $419 48,093 SF
Mendota Heights $189 9,939 SF
Apple Valley $247 10,307 SF
Inver Grove Heights $249 29,736 SF
Burnsville $321 11,818 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Bloomington $460 9,537 SF 5.09%
Saint Paul $187 17,875 SF 9.52%
Edina $310 13,453 SF 6.84%

Commercial Properties For Sale in Eagan

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Blue Water I

Eagan, MN 55121

  • 47,837 SF Flex Building
  • 6.52% Cap Rate
  • $10,050,000
For Sale

4155 Old Sibley Memorial Hwy

Eagan, MN 55122

  • 15,240 SF Flex Building
  • $1,850,000
For Sale

4150 Knob Dr

Eagan, MN 55122

  • 10,306 SF Retail Building
  • 7.60% Cap Rate
  • $5,064,000
For Sale

2110 Silver Bell Rd

Eagan, MN 55122

  • 35,800 SF Office Building
  • $3,200,000
For Sale

O'Reilly Auto Parts

Eagan, MN 55122

  • 5,600 SF Retail Building
  • 6.50% Cap Rate
  • $1,205,000
For Sale

6182 S Robert Trail

Inver Grove Heights, MN 55077

  • 15.68 AC Lot
  • 1 Commercial Lot
  • $2,000,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Eagan pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Eagan $264 77,602 SF
Mendota Heights $172 30,669 SF
Apple Valley $256 15,631 SF
Inver Grove Heights $235 24,625 SF
Burnsville $219 18,972 SF

Regional Demographic Comparison

This comparison places Eagan alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Eagan or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Eagan 68,211 27,457 41 $100,664 2 8,740 1%
Mendota Heights 11,521 4,787 49 $124,930 2 890 2%
Apple Valley 56,759 21,714 41 $94,441 3 5,710 2%
Inver Grove Heights 36,294 14,371 42 $92,714 3 3,838 2%
Burnsville 64,158 25,533 39 $83,051 2 9,606 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Eagan, MN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Eagan

View All Commercial Real Estate For Sale in Eagan
Is Eagan a good market for a first-time commercial real estate investor?

Eagan offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Eagan?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Eagan. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Eagan?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Eagan. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Eagan compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Eagan. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Eagan acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Eagan, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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