Apple Valley Warehouse for rent

Warehouse Description

East Valley Plaza, located at the intersection of Pilot Knob and 140th Street in Apple Valley, Minnesota, is a neighborhood mall offering retail space for lease. The plaza boasts a strategic location across from three schools, several parks, and dense residential developments, with a new housing development just 2.7 miles to the south.

Co-tenants at the plaza include Super America, Tams Nails, Southside Nutrition, Lai Wah Restaurant, Premier Dry Cleaners, Elegant Stitches, Rocco's Pizza, Clipn' Mutts Pet Grooming, State Farm Insurance, Dove Court African Market, Kumon Learning Center, East Valley Chiropractic, Great Clips, Best Brains, East Valley Dental, and DaVita.

The demographics of the area are highly favorable, with an average population of 9,316 within a 1-mile radius, growing to 77,114 within 3 miles and 182,326 within 5 miles. The average household income is equally impressive, reaching $117,327 within a 1-mile radius, $112,559 within 3 miles, and $112,666 within 5 miles.

Traffic counts in the area are significant, with Pilot Knob Road seeing 34,600 vehicles per day and 140th Street experiencing 24,200 vehicles per day.

Three retail spaces are available for lease: Suite 106 (2,271 square feet), Suite 124 (3,800 square feet), and Suite 156 (1,145 square feet). The 2022 CAM cost is $2.30 per square foot, and the tax rate is $3.68 per square foot.

In addition to the retail space, the plaza also offers a 138,202-square-foot warehouse/distribution center for lease. The warehouse is situated on a 10.49-acre lot and features 24'-30' clear ceiling heights, 22 dock-high doors, 2 grade-level doors, and 4 drive-in doors. The building is equipped with an ESFR sprinkler system, T5 high-bay lighting, and gas-fired unit heaters. It also includes 4,000 square feet of office space on two levels and ample paved parking for trucks and cars.