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Eagan Retail Center 1992-2000 Rahncliff Ct 10,018 SF 100% Leased Retail Building Eagan, MN 55122 $6,151,725 CAD ($614.07 CAD/SF) 7% Cap Rate
Investment Highlights
- 100% occupied retail center with excellent historical occupancy.
- Well located with easy access to both Highway 77 and 35E.
- Future upside potential with majority of tenants at below market rental rates.
- Strong retail corridor featuring Target, Trader Joe’s, Cub Foods and many other national retailers.
- Cliff road features more than 20,000 daily drivers and 35E features more than 70,000 cars per day.
- 80,000 homes are located within a 5-mile radius of the property.
Executive Summary
The property is well-positioned with 80,000 households within a 5-mile radius, and an average household income of over $133,000 within a 3-mile radius. Key traffic drivers in the immediate area include Target, Cub Foods, Trader Joe’s, Emagine Theaters, as well as a variety of retailers and dining options.
This offering provides an opportunity to acquire a stabilized Class A med-retail investment in a highly sought-after retail trade area within the south metro of the Twin Cities.
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Accommodation and Food Services
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Noodles & Company opened its first restaurant in Denver, Colorado in 1995, offering noodle and pasta dishes with the goal of delivering fresh ingredients and flavors from around the world under one roof -from Pad Thai to Mac & Cheese. The brand was founded on the core principle that good food can be served quickly and conveniently in an inviting atmosphere without sacrificing quality, freshness or flavor, all at a value-oriented price point! Today, Noodles & Company delivers on that core principle across hundreds of restaurants and in dozens of states in the U.S. every bowl, every guest, every time.
- Nothing Bundt Cakes
- Retailer
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- Sotarol Asian Kitchen
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- Services
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Sport Clips Haircuts began in 1993 when founder Gordon Logan opened the first location in Austin, Texas. The company pioneered the concept of combining haircuts with a sports viewing experience. This sports-themed barbershop model quickly expanded through franchising, becoming one of the largest haircare franchises in North America. Today, the brand offers services like the MVP Experience, which includes a haircut, steamed towel, and neck massage. Sport Clips maintains community involvement through partnerships with veterans' organizations and children's charities.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Accommodation and Food Services | - | - | - | ||
| Nothing Bundt Cakes | Retailer | - | - | - | ||
| Sotarol Asian Kitchen | - | - | - | - | ||
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Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-62725-03-001 | Improvements Assessment | $2,158,451 CAD |
| Land Assessment | $929,871 CAD | Total Assessment | $3,088,322 CAD |
Property Taxes
Presented by
Eagan Retail Center | 1992-2000 Rahncliff Ct
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