1320 DUCKWOOD DRIVE EAGAN, MN 55123

[Pages:5]1320 DUCKWOOD DRIVE EAGAN, MN 55123

PROPERTY HIGHLIGHTS

q Two original tenants with well established clientele: Hardware Hank with 8,700 square feet and 3 years remaining

q Von Hanson's with 3,332 square feet and 8 years remaining

q Well maintained building and owned by original partnership created in 1987.

q Full-height dock and pylon sign. Location works best for destination retailers or related service providers.

q NNN leases, Growing and prosperous community

222 South 9th Street, Suite 1600 Minneapolis, MN 55402

Jeffrey LaFavre, CCIM, SIOR, MCR President 612-868-7429 jlafavre@

PROPERTY DESCRIPTION

1320 Duckwood Drive 1320 Duckwood Drive | Eagan, MN 55123

1320 Duckwood Drive | Eagan, MN

A well located and well maintained 12,032 square foot building in the growing community of Eagan, MN. The building was constructed in 1987 and has had one ownership structure and two original tenants.

Hardware Hank occupies 8,700 square feet and has a lease that expires on 7/31/2021 with a five year renewal right at a 5% base increase the first year of the new term.

Von Hanson's meat has 3,332 square feet and has eight years remaining of their lease with a term expiring on 7/31/2026. The tenant has no right to renew but has been historically granted this right.

The building is generally in good repair but needs a new roof and some roof top units replaced. The tenants are responsible for the roof top units but the existing owner, or new owner, will be responsible for a new roof. In addition, there are some minor capital items that will need to be addressed. These include a couple of exterior service doors that have rusted due to water penetration believed to originate from the roof. The building is under parked for many retail uses but parking has worked well for the use and parking has not been an issue.

Jeffrey LaFavre, CCIM, SIOR, MCR President 612-868-7429 jlafavre@

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PROPERTY PHOTOS

1320 Duckwood Drive 1320 Duckwood Drive | Eagan, MN 55123

Property Photos

North side of building

West side

South side with dock

Hardware Hank

Hardware Hank Internal

Jeffrey LaFavre, CCIM, SIOR, MCR President 612-868-7429 jlafavre@

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Von Hansons counter area

REGIONAL MAP

1320 Duckwood Drive 1320 Duckwood Drive | Eagan, MN 55123

Jeffrey LaFavre, CCIM, SIOR, MCR President 612-868-7429 jlafavre@

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LOCATION MAP

1320 Duckwood Drive 1320 Duckwood Drive | Eagan, MN 55123

Jeffrey LaFavre, CCIM, SIOR, MCR President 612-868-7429 jlafavre@

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