Commercial For sale Retail Free Standing

Commercial Property for Sale in Lakeville Minnesota 55044

17625 Kenrick Avenue, Lakeville, Minnesota 55044

Contact for price

Listed Sep 12, 2025

20,567 sqft

Building

2011

Built

Stories

About this property

Commercial Property for Sale in Lakeville Minnesota 55044 is a retail for sale in Lakeville, Minnesota. Key details: year built 2011, building size 20,567 sqft, stories 1, property status Normal Sale. Listed by Lisa Christianson of Colliers International - Minneapolis/St. Paul on LoopingCloud and last updated July 16, 2026.

20,567 SINGLE TENANT BUILDING - 100% LEASED!

Offering Summary

· Address: 17625 Kenrick Avenue | Lakeville, MN 55044

· Year Built: 2011

· Land Area (Acres): 2.35 acres (102,366 sf)

· Building SF: 20,567

Financial Summary

• Offering Price: $3,250,000

• Price PSF: $158.02

• NOI (In-Place): $236,873

• Cap Rate (In-Place): 7.3%

• Lease Type: Modified Gross (utilities separate)

Investment Highlights

• 100% Occupied

• National credit tenant (Salvation Army)

• Lease Term: 9/1/2024 to 8/31/2034

• Zoning: C-3 Retail Building

• Ceiling Height: 16.5’ to the deck, and 14.3’ to the bar joists

• Dock Doors: 2 with leveler

• Brand new high efficiency LED lights

• Interior is sprinkled and equipped with an alarm system

• Exterior irrigation system

• Parking Spaces: 96

• Signage visible from I-35

• Located in the growing community of Lakeville

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

Company	Lender type	Contact	Phone
TheLoanProsTeam	Mortgage Broker	Roxanne Chung	(754) 707-5877
Money Solutions, LLC	Mortgage Broker	Jennifer A. Judice	(813) 431-5000

Property details

Key facts

Year Built: 2011
Building Size: 20,567 sqft
Stories: 1
Property Status: Normal Sale
Building Status: Existing

Pricing details

Financing: Third Party Financing
Investment Property: Active investment property

Location

Address as shown by the lister.

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About this area - Lakeville

Population: 35,085
Housing units: 11,219
Land area: 63.4 sq mi
County: Dakota

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Additional contacts

1 person to reach

Laura GillBroker (612) 310-5399

Frequently asked questions

Where is Commercial Property for Sale in Lakeville Minnesota 55044 located?

The property is in 17625 Kenrick Avenue, Lakeville, Minnesota 55044, Dakota County.

What type of property is this?

This is a retail for sale in the commercial category.

How big is the property?

The building is 20,567 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Lisa Christianson of Colliers International - Minneapolis/St. Paul listed this property. Use the Request Info button to send a message or call (952) 393-1212.

When was this listing published?

It was published on September 12, 2025 and last updated on July 16, 2026.

Listing information

Listing ID: CL-Minnesota-26298
Published: Sep 12, 2025
Last updated: Jul 16, 2026
Views: 225

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