Lava Island
$13,370,000
12400 Castlemoor Drive, Eden Prairie, MN 55344
For Sale
Retail
Active
Last Updated: 11/05/2026
6.75
Cap Rate
902,462
NOI
Details:
Cap Rate: 6.75%
NOI: $902,462
Building Size: 41,021 sqft
Occupancy: 100%
Lease Type: Double Net
Year Built: 2022
Tenancy: Single
Highlights:
- 11.3+ YEAR NET LEASE | INVESTMENT GRADE GUARANTY ; AA (S&P) / A1 (MOODY’S)
- FLYING CLOUD COMMONS ANCHOR | EXCELLENT CO TENANCY
- NEW CONSTRUCTION BUILDING | PRIME CORNER IN EDEN PRAIRIE
- DOMINANT EDEN PRAIRIE RETAIL NODE | 19.8M VISITS PER PLACER.AI
- EXCELLENT DEMOGRAPHICS | DENSITY WITH HIGH INCOMES
Description:
Mid-America Real Estate has been retained on behalf of the owner to sell the 100% fee simple interest in the 41,021-square-foot freestanding property located at 12400 Castlemoor Drive in Eden Prairie, Minnesota. The Property is subject to a long-term Amazon Master Lease and a subsequent Lava Island sublease, providing approximately 11.3 years of remaining lease term through March 2038. The subject offering features a Net lease structure and is located within a premier regional retail node.
Documents:
| Title | ||
|---|---|---|
|
Lava_Island_Eden_Prairie__MN_-_OM.pdf
|
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
