Medical Space For Lease - images1.loopnet.com · Medical Space For Lease Lakeville, MN 55044 Lakeville at a Glance Lakeville is the fastest growing city in Dakota County following

Jill K. Rasmussen CCIM, SIOR 612.341.3247 [email protected]

Anne E. Madyun 612.454.4172 [email protected] davishre.com

Medical Space For LeaseLakeville, MN 55044

New Development!




• Common building conference room

• Coveredpatientdrop-off

• Abundant Parking, 5/1000 ratio

Building Size: Space Available: 46,382 sq. ft. 46,382 sq. ft.

Net Rental Rate: $25.00/sq. ft. Operating Expenses: $11.00/sq. ft. Real Estate Taxes: $1.50/sq. ft.

2019 ESTIMATED POPULATION 1 mile: 3,6063 miles: 38,7165 miles: 105,376

TRAFFIC COUNT 85,000 vehicles on I-35 A.A.D.T. (averageannualdailytraffic)24,400 vehicles on 185th St W A.A.D.T.

2019 ESTIMATED AVERAGE HOUSEHOLD INCOME 1 mile: $148,1973 miles: $139,5875 miles: $117,985

• ProposednewClassAmedicalofficedevelopment

• Adjacent to Target, Marshalls & Caribou

• Great access from I-35 and 185th St W

• Significantnewresidentialdevelopmentunderway

• Very visible site with signage opportunities




Total – 54,000 SFRentable Area Legend

Building Common Area

Major Vertical Penetration

Office Area

TOTAL BUILDING SQUARE FOOTAGE: 46,382 R.S.F.TOTAL BUILDING R/U FACTOR: 1.16

BUILDINGDIRECTORY

TENANT 0111,433 R.S.F.



MENS TOILET

JANITOR

VENDING

WOMENSTOILET MECHANICAL

ROOM

STAFFVESTIBULE

BUILDINGLOBBY

VESTIBULE


BUILDINGLOBBY

BUILDINGCONFERENCE

JANITOR

MENSTOILET

WOMENSTOILET

D.F.

©20

19 S

YN

ERG

Y A

RC

HIT

ECT

URE

ST

UD

IO, L

LC

11/1

/201

9 4:4

7:58

PM

A300-PSPACE PLANLAKEVILLE MEDICAL CENTER

LAKEVILLE, MN

1st Floor 22,385 square feet

2nd Floor 23,997 square feet

Sample Floor Plans

Rentable Area Legend

Building Common Area

Major Vertical Penetration

Office Area

TOTAL BUILDING SQUARE FOOTAGE: 46,382 R.S.F.TOTAL BUILDING R/U FACTOR: 1.16

BUILDINGDIRECTORY




MENS TOILET

JANITOR

VENDING

WOMENSTOILET MECHANICAL

ROOM

STAFFVESTIBULE

BUILDINGLOBBY

VESTIBULE


BUILDINGLOBBY

BUILDINGCONFERENCE

JANITOR

MENSTOILET

WOMENSTOILET

D.F.

©20

19 S

YN

ERG

Y A

RC

HIT

ECT

URE

ST

UD

IO, L

LC

11/1

/201

9 4:4

7:58

PM

A300-PSPACE PLANLAKEVILLE MEDICAL CENTER

LAKEVILLE, MN




STORM WATER

STORM WATER

STAFF ENTRANCE

4 4

363636

38

38

13

24

12

14e

5e

22e

7e

4e

21e3

19e

40e

21e

TWO-STORY MEDICALOFFICE BUILDING

48,000 G.S.F.45,000 R.S.F.

(241) PARKING STALLS5.02 STALLS / 1000 S.F.

SITE SIZE:197,518 S.F. / 4.53 ACRES

COVERED DROP-OFF

NORTH

©20

19 S

YN

ERG

Y A

RC

HIT

ECT

URE

ST

UD

IO, L

LC

10/2

2/20

19 9

:31:55

AM

A100-PSITE PLANLAKEVILLE MEDICAL CENTER

Enter Address Here

01

Site Plan

TWO-STORY MEDICAL OFFICE BUILDING






Aerial ViewNearby RetailBuffaloWildWingsCaribouCoffeeCitizens Bank MinnesotaCracker BarrelCub FoodsCulver’sCVS PharmacyDomino’sFantastic SamsGoodwillGreen MillFleet FarmNorthern Tap HouseJimmy John’sMarshallsPerkinsSpeedwayStarbucks Taco BellTarget Walgreens Wendy’s

Site




Aerial View

STORM WATER

STORM WATER

STAFF ENTRANCE

4 4

363636

38

38

13

24

12

14e

5e

22e

7e

4e

21e3

19e

40e

21e

TWO-STORY MEDICALOFFICE BUILDING

48,000 G.S.F.45,000 R.S.F.



COVERED DROP-OFF

NORTH

©20

19 S

YN

ERG

Y A

RC

HIT

ECT

URE

ST

UD

IO, L

LC

10/2

2/20

19 9

:31:55

AM

A100-PSITE PLANLAKEVILLE MEDICAL CENTER

Enter Address Here

01

Site




Lakeville at a Glance

Lakeville is the fastest growing city in Dakota County following a nearly 14% increase in population from 2010-2017. Of the 15 largest cities in the Twin Cities, only Maple Grove had a higher growth rate during this period than Lakeville. Located approximately 20 miles south of both downtown Minneapolis and St. Paul, approximately 64,300 called Lakeville home in 2018.

Officially recognized as a municipality of the Minneapolis/St. Paul metropolitan area in 1967, Lakeville is a south metro city conveniently located along Interstate 35 with ample land for development. In 2018 and for the sixth consecutive year, Lakeville issued more residential permits than any other city in the Twin Cities metro. Lakeville issued permits for nearly $250 million worth of developments and building activity in 2018, the third most active year in the city’s roughly 50-year history. Through April 2019, Lakeville had issued well-over 50% more residential permits than the next top city.

Lakeville is home to one of six reliever airports in

Minnesota, Airlake Airport, which is mainly used by recreational pilots.

Largely built on manufacturing jobs and home to one of the largest industrial parks in Minnesota, Lakeville has seen a more diverse employer mix enter the city in recent years. Though the southern border of Lakeville continues to see largescale manufacturing/industrial growth from both new and existing companies, retail trade employment surpassed manufacturing in 2018 and now makes up the largest portion of total jobs in Lakeville (16%). The various Lakeville stakeholders attribute the realized and future growth to a vast number of amenities within the city, including but not limited to the over 1,600 acres of public parks and pedestrian trails, multiple lakes, and three school districts serving Lakeville residents.

Though Lakeville and Dakota County have significantly lower property taxes than Hennepin County, the lack of existing infrastructure and transportation improvements are two of the largest

obstacles for continued growth and development in the city. In order to keep anticipated development and growth on track in the city, Lakeville will continue its push for more financial assistance and infrastructure investment from State, Federal, and regional governments. Today, most traffic flows into the city via I-35 southbound at County Roads 46 & 60, and from the northern cities of Burnsville and Apple Valley. The Metro Red Line, which currently operates between the Mall of America in Bloomington and the Apple Valley Transit Station, is considering an extension of the bus route further south along Cedar Ave in Lakeville. With most future residential development occurring on the eastern side of Lakeville away from I-35, the five future stops will alleviate expected congestion in the area.




Top Employers # of Employees Type

Independent School District #194 1,373 Government/public

Hearthside Food Solutions 620 Food manufacturing

TreeHouse Private Brands (formerly ConAgra) 540 Food manufacturing

Post Consumer Brands 450 Headquarters

Menasha Corp. 406 Packaging materials

BTD Manufacturing 327 Fabricated metal

Imperial Plastics 260 Plastics

Jeff Belzer's 233 Automotive dealership

NPL Construction 212 Construction (utilities)

FedEx Freight 206 Distribution

City of Lakeville 204 Government/public

Dick's Sanitation 150 Refuse hauler

EMPLOYMENT BY INDUSTRY

Retail Trade – 16%

Manufacturing – 14%

Accommodation and Food Services – 12%

Educational Services – 11%

Healthcare and Social Assistance – 9%

Wholesale Trade – 6%

Employment in Lakeville

Documents

Medical Space For Lease - images1.loopnet.com · Medical Space For Lease Lakeville, MN 55044 Lakeville at a Glance Lakeville is the fastest growing city in Dakota County following