$3,790,000
( $106.57Per Sq Foot )
 $20,346 est/mo Sourced by Back At You

3500 Federal Drive,Eagan, MN 55122

Eagan, MN 55122

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Description

The Gateway to SuccessPositioned 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 rationearly triple the market averagethe 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

Details

MLS #7007024
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1990
Days On Site227
Listing Provided ByExactrealtygroup | Femi A Olowu

Features

SQ Feet35,564
Story(s)1
Units1
ZoningBusiness/Commercial
Acreage3.92

Interior

HeatingBoiler

Parking

Parking FeaturesParking Lot

Utilities

UtilitiesElectric Common, Heating Common, Hot Water Common

Taxes

Property3495

Area Information

StateMN
CountyDakota
CityEagan
Zip Code55122
Community NameRasmussen College Campus
School District197
High SchoolWest St. Paul-Mendota Hts.-Eagan
Listing VS Median (in Rasmussen College Campus)
Price:
$3,790,000
low | high
Med:
$3,790,000
50% of Average
sqft:
35,564
low | high
Med:
35,564
50% of Average
$ / sqft:
$107
low | high
Med:
$107
50% of Average
On site:
227
low | high
Med:
227
100% of Average
Sourced by Back At You

Market Activity 55122

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 24, 2026 at 2:25:08 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyDakota
CityEagan
Zip Code55122
Community NameRasmussen College Campus
School District197
High SchoolWest St. Paul-Mendota Hts.-Eagan
Listing VS Median (in Rasmussen College Campus)
Price:
$3,790,000
low | high
Med:
$3,790,000
50% of Average
sqft:
35,564
low | high
Med:
35,564
50% of Average
$ / sqft:
$107
low | high
Med:
$107
50% of Average
On site:
227
low | high
Med:
227
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2026 at 1:12:30 PM PDT