$14,428,180 USD
612-332-6600
7940-7950 Penn Ave S
Bloomington, MN 55431
Bloomington West
HIGHLIGHTS
- The Caribou Coffee/T-Mobile/Walgreens/Jimmy John’s Center is 100% leased with 3 Corporate tenants including Caribou Coffee, T-Mobile, Walgreens.
- Assumable financing: $5,186,532 @ 4.15% Interest Rate, 20 years fully amortizing through February, 15, 2035.
- Low rent to sales.
- Generational ownership location situated across from future Dick’s House of Sport and Best Buy Corporate Headquarters.
- Located on an outlot to Target and Hobby Lobby with neighboring retailers such as Chick-Fil-A, Fresh Thyme, McDonald’s, Petco, TJMaxx, Kohl’s, & more.
- Located only minutes from MSP International Airport, Mall of America, Southdale Mall, Galleria, and Downtown Minneapolis.
FOR SALE DETAILS
PRICE
$14,428,180 USD
PRICE/SF
$627 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Caribou | T-Mobile | Walgreens | Jimmy Johns
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
101
LAND DETAILS
LAND ACRES
2.26 AC
LAND SF
98,446 SF
ZONING
Commercial
APN/PARCEL ID
05-027-24-11-0004
ASK ABOUT THIS PROPERTY
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612-332-6600
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612-332-6600
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