Retail Commercial Real Estate in 55422
8 results
Address
Price
Size
Pizza Hut
3600 Douglas Dr N
Crystal, MN
Building Size:1,434SF
Sale:
$325,000
$325,000
1,434SF
Robbinsdale Town Center
4080 W Broadway Ave
Minneapolis, MN
UNDER CONTRACT
VALUE ADD OPPORTUNITY
Property NOI will grow by $75,733 after the first year (9.2% Year 2 cap rate on asking price) with additional value add due to below-market rents and 10% vacancy.
BELOW REPLACEMENT COST INVESTMENT
Pricing at $99 PSF, an infill location and underground parking, offers a very low basis with high going-in yields in an up and coming submarket.
FRONTAGE ALONG BOTH BOTTINEAU & BROADWAY
Only property in Downtown Robbinsdale with frontage along both Bottineauand Broadway (Main Street). Rare opportunity to own a large central site of 3.9 acres (two thirds of an entired city block) in a rapidly growing suburban downtown only minutes from Minneapolis.
OPPORTUNITY ZONE
Located in an Opportunity Zone as part of the Federal Tax Incentive Program, allowing investors to defer capital gains and reduce tax payments for qualified investments going into these communities, creating higher post-tax returns for long term value-add buyers.
FUTURE LIGHT RAIL LOCATION
Bottineau Line (Blue Line Extension) is planned to pass just one block behind the property, connecting downtown Minneapolis to Robbinsdale and other northwest suburbs. Expected to open 2024.
NEW DEVELOPMENT
Downtown Robbinsdale is transforming with new development:
• Hy-Vee Grocery Store (2018)
• Birdtown Flats 152-Unit Market Rate Apartment (2019)
• 36th & France 197-Unit Market Rate Apartment (2020)
Lease:
More info
More info
More info
3530 Douglas Drive North
3530 Douglas Dr N
Crystal, MN
Excellent visibility on Douglas Drive
Lease:
$2,500/month
$2,500/month
2,500 SF
4094 Lakeland Avenue North
4094 Lakeland Ave N
Robbinsdale, MN
More info
More info
4122-4106 Lakeland Avenue North
Robbinsdale, MN
More info
More info
6016 42nd Avenue North
6016 42nd Ave N
Minneapolis, MN
More info
More info
5109 36th Avenue North
5109 36th Ave N
Minneapolis, MN
More info
More info
4030 Lakeland Avenue
4030 Lakeland Ave N
Minneapolis, MN
Lot Size:0.43Acres
Sale:
$385,000
$385,000
0.43Acres
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Market Stats
55422 has 35 commercial real estate spaces for lease, representing 229,396 sqft space.
7 buildings are available for sale.
In the past 30 days, 55422 has had 3 spaces leased.
Cities that include 55422
Metropolitan areas that include 55422
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