952-210-0484
4201-4209 Webber Pky, Minneapolis, MN for Sale
Storefront - FOR SALE
1/3
null | Request Cap Rate

4201-4209 Webber Pky
Minneapolis, MN 55412


HIGHLIGHTS

  • Long Term Medical Anchor Tenant: North Memorial Health
  • Infill location directly off the highway
  • Offered significantly below replacement cost
  • Below market rents
  • High density micro-market

OVERVIEW

CBRE exclusively presents the opportunity to acquire the Camden Center in Minneapolis, MN. This 14,000+ square foot retail center is anchored by a well-established North Memorial Medical Clinic that occupies 55% of the building. The Center offers a unique blend of medical, retail, dining, and professional services. The North Memorial Medical Clinic attracts a steady stream of patrons, enhancing visibility and foot traffic for all businesses within the Center. This is an excellent opportunity for an investor to acquire a well located, infill retail center at well below replacement cost. In addition to the attractive and stable cash flow this asset is positioned for future value creation through increasing below market rents. Camden Center is located in a densely populated community serving over 150,000+ individuals within the 3-mile trade area. The property has great visibility from the signalized intersection of Lyndale Ave N and Webber Parkway, and has convenient access to Interstate 94 (106,000+ VPD) the major thoroughfare connecting downtown Minneapolis 3 miles to the south. This asset is part of a portfolio of medical-retail properties offered both individually and as a portfolio. The assets include: 1. 963 Robert Street, West St. Paul, MN 2. 901 2nd Street, Suite A, Minneapolis, MN 3. 4201-4209 Webber Pkwy, Minneapolis, MN To review the portfolio Offering Memorandums and Financials, please click the CBRE confidentiality agreement link below. https://www.cbredealflow.com/buyer/agreement?pv=SAwmirISNW6-4vUtc6z4FQnEHVaScGS-HJZhHXO76Bt9ukn2TjjT6thwtZiYDisw

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail Strip Camden Center, North Memorial

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

CROSS STREETS

Lyndale Ave N

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

C2

APN/PARCEL ID

04-029-24-11-0111

ASK ABOUT THIS PROPERTY

AJ PrinsCBREMore Info
952-210-0484

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

AJ PrinsCBREMore Info
952-210-0484

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.