612-413-4200
7801 S Xerxes Ave, Bloomington, MN for Sale
Freestanding - FOR SALE
1/5
null | Request Cap Rate

7801 S Xerxes Ave
Bloomington, MN 55431


OVERVIEW

Freeway Access & Visibility - Direct visibility from I-494 with over 169,000 VPD. Located along Southtown Drive with quick access to the Interstate. Strategically located at the intersection of I-494 and Xerxes Avenue and near to I-35W. Great Twin Cities Suburb - Conveniently located to both downtown Minneapolis and St. Paul and about 7 miles west of the Minneapolis-St. Paul International Airport. Bloomington is Minnesota's fourth largest city and is known for being home to the largest mall in the US, the Mall of America, which welcomes 40 million visitors per year. Strategic Retail Location - This property has a great corner location in a highly populated area with big traffic counts and is near major retailers including Target, Hobby Lobby, Petco, T.J. Maxx, Kohl's, and many others. The building features over 36,000 SF, a large parking lot, great signage, and visibility. Strong Demographics - The area is densely populated with over 980,000+ people within a 10-mile radius of the subject property, with an average household income of over $115,000. Great Redevelopment Site - Large 3-acre lot with prime real estate that could be redeveloped for various tenants. According to CoStar, there is not much under construction, helping fuel the historically low available inventory. The vacancy rate for the market is 2.5%, but it is even lower for General Free Standing Retail buildings. This property is also being offered for lease.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Owner/User Retail | Bloomington, MN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

-

APN/PARCEL ID

05-027-24-12-0001

ASK ABOUT THIS PROPERTY

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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