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19645 Pilot Knob RdFarmington, MN 55024

Retail Investment Opportunity: Daycare, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 11,000 square foot retail property, located at 19645 Pilot Knob Road in Farmington, Minnesota, presents a compelling value-add investment opportunity. Currently occupied by a Pizza Hut under a NNN lease with five years remaining and a five-year renewal option, the property boasts 9,730 square feet of net rentable space. The building's former uses included a daycare center, dental office, and eyeglass clinic, showcasing its versatility. The property benefits from a fantastic location in a thriving market, anchored by a CVS Pharmacy, ensuring high traffic and visibility. Key features include prominent signage, a generous glass line, and excellent visibility from Pilot Knob Road. The existing daycare space is in excellent condition and includes a fenced outdoor play area, making it ideal for a variety of uses. This property offers a strong foundation for a successful investment, combining a stable existing tenant with significant potential for future development or lease modification. The property is situated in Dakota County, Minnesota, zip code 55024. This is a rare opportunity to acquire a well-located retail property with significant upside potential in a growing market.

Highlights

  • Excellent condition existing daycare space.
  • Fenced outdoor play area.
  • Prominent signage and ample glass frontage.
  • Strong location anchored by CVS Pharmacy.
  • High visibility from Pilot Knob Road.

Property Details for 19645 Pilot Knob Rd

Property type
Day care centers & nurseries, Retail properties
Square Feet
11,000 SF

Location Insight

City
Farmington
County
Dakota
State
Minnesota
Latitude
44.6663095
Longitude
-93.178162
19645 Pilot Knob Rd, Farmington, Minnesota

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19645 Pilot Knob Rd
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