1198 Vierling DrShakopee, MN 55379

  • Commercial real estate
  • 68,289 SF
For Lease

Property Details for 1198 Vierling Dr

Year built
1998
Lot size
9.09 AC
Property size (Sq ft)
68,289 SF
Property type
Commercial real estate
APN
27-235004-0
APU
272350040

Description

Crossroads of Shakopee offers exceptional retail space in a thriving Shakopee, Minnesota location. This multi-tenant retail center boasts a total of 140,949 square feet, with several spaces currently available. Individual units range from a minimum of 1,267 square feet to a maximum contiguous space of 2,517 square feet, providing flexibility for various business needs. A total of 5,321 square feet is currently vacant and ready for immediate occupancy. The property is strategically located at 1198 Vierling Drive E, Shakopee, MN 55379, in Scott County. This high-traffic location benefits from its proximity to a major anchor tenant, Cub Foods, and enjoys excellent visibility. Serving a substantial population of 38,200 within a three-mile radius, the center experiences impressive daily traffic exceeding 38,100 vehicles. This presents a unique opportunity for businesses seeking high visibility and access to a dense customer base in a rapidly growing area. The property's convenient location, combined with its ample space and strong anchor tenant, makes it an ideal investment for retailers seeking a prime location in the Shakopee market. Contact us today to learn more about the available spaces and explore the possibilities for your business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,866,761
    Hospitality
    $11,785,884
    Educational
    $9,805,717
    Medical
    $10,142,951
    Retail
    $15,253,338
1198 Vierling Dr, Shakopee, Minnesota

Location Insight

City
Shakopee
County
Scott
State
Minnesota
Latitude
44.7799
Longitude
-93.5089
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$183,150
$5,775,000
$945,000
$6,720,000
-
$5,775,000
$945,000
$6,720,000

FAQs

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