24,000 SF Development For Lease!

855 NW Parkway Eagan, MN 55121

855 NW Parkway, Eagan, MN, 55121
855 NW Parkway, Eagan, MN, 55121
FOR LEASE
Property Type:
Mixed Use
Last Verified:
Dec 14, 2018

24,000 SF Development For Lease

Vikings Parkway is a proposed 24,000 SF development that is located directly south of I-494 on the NE corner of Dodd Road (149) and Vikings Parkway in Eagan, MN. This 5-acre corner parcel is a 1/2 mile from the new Vikings Training facility. The site is zoned for medical, retail, office, restaurant, and bank with drive-thru capabilities.

Highlights and Features: 
5-acre development site 
Located off of I-494 & 149 (Dodd) & near Hwy 55 
Possible uses are banking, medical such as urgent care, chiropractor, family medicine and dental; retail such as coffee, fitness, sporting goods, restaurant, hair/nail/spa 
Vikings 200-acre development just ½ mile east of the site including a hotel and conference center 
Top Area Employers: Thomson Reuters, Blue Cross Blue Shield, USPS, Ecolab, Coca-Cola, Prime Therapeutics, Wells Fargo Home Mortgage, Argosy University, Vikings (2018) 
Area Tenants: MN Vikings Training Camp, Twin Cities Orthopedics, Prime Therapeutics, Patterson Dental, The Grand Oaks Business Park, Learning Edge, Caribou, Jimmy John's, New Horizons, Alexander’s Mobility Services, Country Inn & Suites, Minnesota Occupational Health and more

Demographics and Traffic Counts:  
2018 Average Household Population: 1 mile - 1,433, 3 miles - 11,563 and 5 miles - 59,566  
2018 Average Household Income: 1 mile - $94,201, 3miles - $97,190 and 5 miles - $85,997  
Traffic Counts: Dodd Road - 22,900 vpd, Vikings Parkway - 1,300 vpd, I-494 East - 106,000 vpd and I-494 West - 113,000 vpd

Available: 24,000 SF


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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.