17625 Kenrick Avenue

17625 Kenrick Ave, Lakeville, MN 55044

  • For Sale $3,400,000
  • Property Type Retail
  • Lot Size 2.35 SF
  • Year Built 2011
  • Date Updated Mar 12, 2025

20,567 FREESTANDING BUILDING FOR SALE - 100% LEASED, NEW 10 YEAR LEASE IN PLACE!

OFFERING SUMMARY

  • Address: 17625 Kenrick Avenue | Lakeville, MN 55044
  • Year Built: 2011
  • Land Area (Acres): 2.35 acres (102,366 sf)
  • Building SF: 20,567

FINANCIAL SUMMARY

  • Offering Price: $3,400,000
  • Price PSF: $165.31
  • NOI (In-Place): $241,190
  • Cap Rate (In-Place): 7%
  • Lease Type: Modified Gross (utilities separate)

INVESTMENTS HIGHLIGHTS:

  • 100% Occupied
  • National credit tenant (Salvation Army)
  • Lease Term: 9/1/2024 to 8/31/2034
  • Zoning: C-3 Retail Building
  • Ceiling Height: 16.5’ to the deck, and 14.3’ to the bar joists
  • Dock Doors: 2 with leveler
  • Brand new high efficiency LED lights
  • Interior is sprinkled and equipped with an alarm system
  • Exterior irrigation system
  • Parking Spaces: 96
  • Signage visible from I-35 and located off County Road 50
  • Located in the growing community of Lakeville
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Contacts

broker
Lisa Christianson
broker
Laura Gill

Location

Getting Around

  • Walk Score ®

    55/100 Somewhat Walkable

  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lakeville, MN
  • Zip Code 55044
  • Market Minneapolis St Paul

Points of Interest

  • Speedway

    0.24 miles

  • Holiday

    0.32 miles

  • Fleet Farm Gas Mart

    0.42 miles

  • Kwik Trip

    1.42 miles

  • Super Gas USA

    3.04 miles

  • ChargePoint

    9.15 miles

  • I-35 & CR 60

    0.78 miles

  • Lakeville Park And Ride

    0.88 miles

  • Boat Launch Parking

    1.92 miles

  • Horse Camp Trail Access

    2.25 miles

  • Cam Ram Park

    3.26 miles

  • Lakeville Public Works Parking Lot

    3.48 miles

  • Murphy-Hanrehan

    3.58 miles

  • Sunset Pond Parking Lot

    4.11 miles

  • Apple Valley Transit Station

    4.16 miles

  • Co Rd 42 & Huntington

    4.19 miles

  • DQ Grill & Chill

    0.11 miles

  • Chipotle

    0.16 miles

  • Perkins

    0.20 miles

  • Papa Murphy's

    0.21 miles

  • Jimmy John's

    0.21 miles

  • Red's Savoy Pizza

    0.22 miles

  • Subway

    0.22 miles

  • Tak Shing

    0.22 miles

  • Lakeville Chinese

    0.23 miles

  • Green Mill Pizza

    0.25 miles

  • Cub Foods

    0.41 miles

  • Target

    0.71 miles

  • Walmart Supercenter

    3.06 miles

  • Lunds & Byerlys

    3.20 miles

  • ALDI

    3.21 miles

  • JCPenney

    3.37 miles

  • asian MarT

    3.38 miles

  • Macy's

    3.43 miles

  • Burnsville Center

    3.44 miles

  • Burnsville Crossings

    3.51 miles

Frequently Asked Questions

How much does 17625 Kenrick Avenue cost?

The space currently listed for sale at 17625 Kenrick Avenue asks for $3,400,000.

What is the total square footage of 17625 Kenrick Avenue?

17625 Kenrick Avenue totals 20,567 square feet.

When was this property built?

17625 Kenrick Avenue was built in 2011.

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