3500 Federal DR, Eagan, MN 55122
3500 Federal DR, Eagan, MN 55122
3500 Federal DR, Eagan, MN 55122
$3,700,000
Est. payment /mo
$3,790,000
2.4%
Est.Price: ?

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3.92 Acres Lot
SOLD DATE : 08/20/2026

Key Details

Sold Price $3,700,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Rasmussen College Campus

MLS Listing ID 7007024

Sold Date 08/20/26

Year Built 1990

Annual Tax Amount $3,495

Tax Year 2025

Contingent None

Lot Size 3.916 Acres

Lot Dimensions 3.92

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

Location

State MN

County Dakota

Zoning Business/Commercial

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Common, Heating Common, Hot Water Common

Present Use Church,Commercial,Office,Professional Service

Building

Story One

Foundation 35564

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

New Construction false

Schools

School District West St. Paul-Mendota Hts.-Eagan

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Listed by Femi Olowu • Exactrealtygroup

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Femi Olowu

Femi Olowu

+1(763) 321-8705

Broker License ID: 40872549

Broker License ID: 40872549

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