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Investment Highlights

  • Pond Views
  • Numerous amenities including: conference rooms, a conference room and a workout room
  • For Sale or For Lease
  • 11 x 9 Office's
  • Abundance of surface parking including extra wide spaces

Executive Summary

PROPERTY DESCRIPTION
For Sale or For Lease. Welcome to this standout 19,962 SF office building built in 2002. This well-maintained property features a versatile layout that accommodates a variety of office needs, along with room for potential expansion. Situated in the growing Prior Lake area, it offers excellent visibility, convenient access, and a professional setting ideal for businesses looking to establish or grow their presence. With its flexible design and prime location, this property is ready to support a wide range of commercial uses.
LOCATION DESCRIPTION
5505 Cottonwood Lane SE is ideally located in a quiet, professional area of Prior Lake, just minutes from Hwy 13 and County Road 42. Surrounded by established neighborhoods and local amenities, it offers easy access to restaurants, shops, and parks—plus a short 35-minute drive to the Twin Cities. A perfect blend of convenience and tranquility in a growing, high-demand community.

Property Facts

Sale Type
Investment
Sale Conditions
Sale Leaseback
Property Type
Office
Building Size
19,962 SF
Building Class
B
Year Built/Renovated
2002/2019
Price
$3,475,000 CAD
Price Per SF
$174.08 CAD
Percent Leased
30%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,962 SF
Slab To Slab
9’
Building FAR
0.05
Lot Size
8.95 AC
Zoning
C5 - Business Park
Parking
60 Spaces (3.01 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Conferencing Facility
  • Courtyard
  • Fitness Center
  • Property Manager on Site
  • Security System
  • Signage
  • Reception
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 5,000-14,000 SF
  • Office
  • Full Build-Out
  • Now

Welcome to this standout 19,962 SF office building built in 2002. This wellmaintained property features a versatile layout that accommodates a variety of office needs, along with room for potential expansion. Situated in the growing Prior Lake area, it offers excellent visibility, convenient access, and a professional setting ideal for businesses looking to establish or grow their presence. With its flexible design and prime location, this property is ready to support a wide range of commercial uses. The current tenant occupies approximately 25% of the building and is open to vacating at closing or entering into a leaseback agreement, providing flexibility for an owner-user or investor.

Space Size Space Use Condition Available
1st Floor 5,000-14,000 SF Office Full Build-Out Now

1st Floor

Size
5,000-14,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 5,000-14,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Welcome to this standout 19,962 SF office building built in 2002. This wellmaintained property features a versatile layout that accommodates a variety of office needs, along with room for potential expansion. Situated in the growing Prior Lake area, it offers excellent visibility, convenient access, and a professional setting ideal for businesses looking to establish or grow their presence. With its flexible design and prime location, this property is ready to support a wide range of commercial uses. The current tenant occupies approximately 25% of the building and is open to vacating at closing or entering into a leaseback agreement, providing flexibility for an owner-user or investor.

Somewhat walkable
30/100
Very drivable
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
25-296-002-0
Land Assessment
$1,428,906 CAD
Improvements Assessment
$2,653,644 CAD
Total Assessment
$4,082,550 CAD
  • Listing ID: 36739448

  • Date on Market: 2025-07-15

  • Last Updated:

  • Address: 5505 Cottonwood Ln, Prior Lake, MN 55372

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