Retail Endcap Space For Lease At The Burnsville Shops!

13700 Co Rd 11 County Road 11 Burnsville, MN 55337

13700 Co Rd 11 County Road 11 , Burnsville, MN, 55337
13700 Co Rd 11 County Road 11 , Burnsville, MN, 55337
FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Apr 17, 2024

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Retail Endcap Space For Lease At The Burnsville Shops! Highlights and Features: • 8,526 sf neighborhood center • Easy access to I-35E and McAndrews Road • Borders both Burnsville and Apple Valley • Kitchen and prep area • Building signage available • Abundant parking • Nestled among several single-family housing developments • Co-tenants: Perrier Wines & Liquors, Stems & Vines Floral Boutique, and Brow Bella • Area tenants: Valley Natural Foods, Ace Sushi, Pizza Man, Valley View Pet Hospital, Kwik Trip, Palomino Pet Hospital & Clinic, Bridges MN, Nu Beauty Image, The Lash Studio Demographics and Traffic Counts: • Average Population: 1 mile - 5,133, 3 miles - 51,545, and 5 miles - 120,697 • Average Household Income: 1 mile - $96,034, 3 miles - $86,969, and 5 miles - $88,575 • Traffic Counts: County Rd 11 - 19,700 vpd, I-35E - 61,7900 vpd, McAndrews Road W of Cty Rd 11 - 18,900 vpd, and Palomino Drive - 4,700 vpd Space Available: • Suite 13700-13720: 2,604 sf (current endcap restaurant space) • 2024 CAM: $5.97 psf and Tax: $4.22 psf • Lease Rate: Negotiable

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Map of 13700 Co Rd 11 County Road 11 , Burnsville, MN, 55337

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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.