For Sale: Eagan MLS# 7007024
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Property Description
The Gateway to Success
Positioned at the strategic gateway of the Twin Cities’ South Metro, 3500 Federal Drive offers an unmatched owner-user opportunity within Eagan’s thriving professional corridor. This versatile 35, 564 SF single-story asset, formerly a flagship educational campus, is engineered for high-density success. With a rare 10.0:1, 000 parking ratio—nearly triple the market average—the property is uniquely suited for specialized medical clinics, high-tech training facilities, or mission-critical corporate headquarters.
Visibility is a core asset here: the building commands a front-row seat to over 86, 000 vehicles daily on I-35E, providing an invaluable "billboard" effect for its occupant. Its expansive 3.92-acre footprint allows for direct tenant access and exterior autonomy, highly sought-after features in the 2026 suburban office landscape. Situated less than 10 minutes from MSP International Airport and just moments from premier retail hubs like Central Park Commons and Twin Cities Premium Outlets, 3500 Federal Drive combines logistical dominance with elite lifestyle amenities. Whether you are seeking a medical-conversion anchor or a corporate operations center, this property delivers the visibility, accessibility, and infrastructure to scale your organization’s future
Listing
Listing Status:
Active
Contingency:
None
List Price:
$3,790,000
Property Type:
Commercial
City:
Eagan
Garage Spaces:
0
County:
Dakota
Year Built:
1990
State:
MN
Property Style:
1 Story
Zip Code:
55122
Subdivision Name:
Rasmussen College Campus
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
35,564 ft2
Foundation Dimensions:
35564
Handicap Accessible:
Fully Wheelchair
Heating System:
Boiler
Parking Features:
Parking Lot
Lot & Land
Acres:
3.916
Geolocation:
44.829557, -93.171131
Inclusions:
Building
Lot Dimensions:
3.92
Zoning:
Business/Commercial
Schools
School District:
951
District Phone:
6514037002
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,495
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,495
Units
Total Units:
1
Miscellaneous
Current Use:
- Church
- Commercial
- Office
- Professional Service
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Exactrealtygroup.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.