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1225 Lakeview Dr 40,826 SF Industrial Building Chaska, MN 55318 For Sale
Investment Highlights
- Located in an established industrial park
- 4.89-acre site with Lake Hazeltine shoreline and scenic views
- Minutes from major highways and Flying Cloud Airport
- Combination of modern office space and functional warehouse
Executive Summary
1225 Lakeview Drive in Chaska, Minnesota offers a rare opportunity to acquire a 40,826 SF fully leased industrial/office property on 4.89 acres with Lake Hazeltine frontage. Recently renovated in 2020 with a $2.6M investment, the property is 100% leased to The Berg Group under an absolute NNN lease through February 2031, featuring two five-year renewal options and 3% annual rent escalations. With the tenant covering all operating expenses and taxes, investors gain stable, growing cash flow in a hands-off structure. Located 30 miles southwest of Minneapolis near Hazeltine National Golf Club and major transportation routes, this asset combines strong income security with a distinctive lakeside setting.
Property Facts
| Sale Type | Investment | Year Built | 1990 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 1.67/1,000 SF |
| Building Class | C | Clear Ceiling Height | 19’ |
| Lot Size | 4.38 AC | No. Dock-High Doors/Loading | 4 |
| Rentable Building Area | 40,826 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 1 | ||
| Zoning | PID-3 - Light Industrial | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 4.38 AC |
| Rentable Building Area | 40,826 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 1.67/1,000 SF |
| Clear Ceiling Height | 19’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | PID-3 - Light Industrial |
Amenities
- Signage
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 30.3100020 | Improvements Assessment | $6,310,940 CAD |
| Land Assessment | $955,710 CAD | Total Assessment | $7,266,650 CAD |
Property Taxes
Parcel Number
30.3100020
Land Assessment
$955,710 CAD
Improvements Assessment
$6,310,940 CAD
Total Assessment
$7,266,650 CAD
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1225 Lakeview Dr
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