100% Occupied with Two Community Focused Tenants
- Synergy Dance Center been a tenant since 2010 and its team has more than 30 years of industry experience
- Revelations Fitness is a new fitness center catering to people recovering from surgery, with injuries or seeking a new fitness environment.
Leases Provide 3% Annual Increases
Prime Location
- Adjacent to Great Oaks Academy (K-6), with 430+ students generating consistent traffic and visibility and a 10K sq ft Regional Post Office
- Just 25 miles from Minneapolis-St. Paul, offering small-town charm with metro accessibility
Recent Remodel of Fitness Space and Replacement of Heat Exchangers in 4 HVAC Units
Strong Demographics
- Population within 5-mile radius: 53,842
- Average household income: $141,004
Priced Below Building Replacement Cost
Growing Market: Farmington Developments
- New housing developments in Farmington include single-family homes, multi-family homes, townhouses, and an apartment complex.
- Developments include Sapphire Lake (70 Acre Development with 131 single-family homes), Vermillion Commons (75.8 Acre townhome development), the Yellow Tree Development (168-unit apartment complex), and more.