Property Listing No Longer Available for Sale

10438 - 10450 185th Street West

Lakeville, MN

Office for Sale - $6,500,000 - 25,073 Sq. Ft. on 3.6 acres


Property Info

CIMLS#1095640
Location
  10438 - 10450 185th Street West
  Lakeville MN 55044
UpdatedSeptember 24th, 2021
TypeOffice
Price$6,500,000
Building25,073 Sq. Ft.
Land3.6 acres

Property Description

Located at the South East Intersection of Kenwood Trail and 185th Street in Lakeville.

High visibility and adjacent to other medical offices and medical-related properties.

Minutes east and south of established retail along 185th and Kenwood Trail.

Approximately 1.0 mile east of Interstate 35 along 185th Street.

Unique Opportunity to acquire the Lakeville Professional Plaza - a three (3) building high-class Office Portfolio situated on two (2) adjacent parcels of land totaling approximately 3.6 acres. the Tenant base is mostly Medical service firms that offer Medical imaging, dental, oral surgery, autism care, and chiropractic; as well other financial-related service firms. The current tenant base has an average historical occupancy of 14.5 years and the buildings are currently 93% leased.


Financials