275
Units
East: 2021
Built
985
Avg Unit SF
The Opportunity
Neon Burnsville is a luxury 275-unit, 5-story, single-building multifamily property located on a highly visible 8.0-acre site in Burnsville, MN. Built in 2021, Neon Burnsville is a beacon of modern luxury, providing the latest design choices and must-have amenities to the booming suburbs south of the Minnesota River.
The most convenient and direct way into downtown Minneapolis from the south is via I-35W. The most convenient and direct way into downtown St. Paul from the south is via I-35E. Neon Burnsville is located where I-35W and I-35E split off from I-35, offering easy access to the heart of the metropolitan area. Burnsville is located only 6 miles south of downtown Minneapolis, immediately south of Bloomington. Burnsville’s location south of the Minnesota River gives Neon’s location on I-35 even more importance because of the limited crossing points over the river to the north.
Residents are attracted to Neon’s convenience to major attractions, services, and employers such as Minneapolis-St. Paul International Airport (15 minutes), Mall of America (10 minutes), Minnesota Zoo (10 minutes), Crystal Lake and Buck Hill Ski Area (5 minutes), Burnsville Center Mall (3 minutes).
MINNEAPOLIS-ST.PAUL
Investment Highlights
#1
METRO of 2025:
Fortune 500 Companies (per capita)
#1
Global Center:
Medtech + Life Sciences — 750+ firms
#2
Renter Demand Market
(May 2025 | RentCafe)
#2
Lowest Rent Wallet Share Market:
3.1% (August 2025 | Zillow)
#2
LOWEST UNEMPLOYMENT RATE OF ALL METROS:
3.1% — August 2025 ( Census Bureau)
#2
#2 Lowest Rent Wallet Share Market:
3.1% (August 2025 | Zillow)
#4
Hottest Rental Market — H1 2025
(August 2025 | Census Bureau)
#7
Metro:
RENT GROWTH (August 2025 | RealPage)
Gallery

Contact Us
Chicago Office
125 S. Wacker Drive, Suite 400
Chicago, IL 60606
INVESTMENT SALES
PETE EVANS
Senior Managing Director
847.226.0836
[email protected]
MOLLY PODRATZ
Director
312.952.0315
[email protected]
RICHARD EVANS
Senior Director
773.991.3321
[email protected]
Mortgage Banking
LAURA CATHLINA
Senior Managing Director
312.339.5343
[email protected]

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