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Property Overview

Price/Rent PSF $ 3,150,000.00
Asset Type Investment
Trade Type Sale
SQ. FT. Available 4500.00
Date Available 05/25/2018
Search Demographic Data LandCheck Explore financing options
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Description

Prime Retail Location:
Strategically located in Super Target & Home
Depot anchored shopping center and located
within two miles of Mall of America and IKEA.
Also, directly adjacent to Minneapolis/St. Paul Int. Airport.

Deposits at this location put this site in the top 16% of all TCF Bank locations:
TCF Bank is a Wayzata, Minnesota-based national bank holding company. As of March 31, 2018, TCF Bank had $23.4 billion in total assets and 318 bank branches reaching as far west as Arizona.

Affluent Demographics:
The area has a five-mile population of 322,000
and an average household income of over $101,000 within five-miles.

High Traffic Location:
Impressive traffic counts in excess of 65,000 cars per day along Highway 77 interchange.

Rental Increases & Options:
10% rent escalations every five-years, next bump scheduled for Nov. 2022. Four 5-year options with 10% rental bumps.

Ground Lease NNN:
No landlord responsibilities; long term ground lease.

See attached brochure for more!

Location (Click here to view the location on the map.)
The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.

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