1,051 SF to 2,271 SF Retail Space For Lease!

14050 Pilot Knob Rd Apple Valley, MN 55124

14050 Pilot Knob Rd, Apple Valley, MN, 55124
14050 Pilot Knob Rd, Apple Valley, MN, 55124
Property Type:
Strip Center
Please Call Broker for Price

Cap Rate:
Last Verified:
Feb 07, 2024

Retail Space For Lease at Neighborhood Mall in Apple Valley Highlights and Features: • Busy intersection of Pilot Knob & 140th Street • Across from 3 schools, several parks • Surrounding dense residential developments • New housing development 2.7 miles south of the plaza • Co-tenants include Super America, Tams Nails, Amber Bird Creation, Lai Wah Restaurant, Botanas La Monarca, Premier Dry Cleaners, Elegant Stitches, Rocco's Pizza, Clipn' Mutts Pet Grooming, Dove Court African Market, Kumon Learning Center, Burn Boot Camp, East Valley Chiropractic, Great Clips, Best Brains, East Valley Dental, and DaVita Demographics and Traffic Counts: • Average Population 1 mile - 9,316, 3 miles - 77,114, and 5 miles - 182,326 • Average Household Income: 1 mile - $117,327, 3 miles - $112,559, and 5 miles - $112,666 • Traffic Counts: Pilot Knob Road - 34,600 vpd, and 140th St - 24,200 vpd Space Available: • Suite 106: 2,271 sf • Suite 144: 1,051 sf (several built-out offices) • 2024 CAM: $2.75 psf and Tax: $3.82 psf

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.