Fantastic Single-Story Medical/Professional Office Space For Lease In Apple Valley

7275 147th Street Apple Valley, MN 55124

7275 147th Street, Apple Valley, MN, 55124
7275 147th Street, Apple Valley, MN, 55124
Property Type:
Multi Tenant Office
Please Call Broker for Price

Cap Rate:
Last Verified:
Jan 30, 2024

Fantastic Single-Story Medical/Professional Office Space For Lease In Apple Valley Highlights and Features: • In the heart of Apple Valley off Cedar Avenue • Easy access, ample parking • Multiple entrances, large windows • Building and monument signage is available • Number of Parking Spots: 49 • Co-tenants: Hands On Health Chiropractic, and Un Mundo Nuevo Spanish Immersion Children's Academy • Area tenants: FIT Academy, Dakota County Government Western Service Center, City of Apple Valley Department Offices, Apple Valley Medical Center, Galaxie Library, AmericInn by Wyndham, Bogarts Entertainment Center, Wings Credit Union, Buffalo Wild Wings, Caribou Coffee, and more Demographics and Traffic Counts: • Average Household Population: 1 mile - 5,735, 3 miles - 49,285, and 5 miles - 120,945 • Average Household Income: 1 mile - $75,218, 3 miles - $96,328, and 5 miles - $94,756 • Cedar Avenue - 51,000 vpd, and 147th St - 9,100 vpd Space Available: • Suite 103B: 802 sf • Suite 105: 1,523 sf • Suite 103B and 105 contiguous to 2,325 sf • 2024 CAM: $6.97 psf and Tax: $3.07 psf • Lease Rate: $15.00 psf net

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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.