Bloomington, Minnesota is a prime location for investing in Shopping Centers, with its strong economy and diverse range of industries. As a hub for retail, technology, healthcare, and manufacturing, Bloomington offers a unique opportunity for Shopping Centers to thrive. With over 100,000 jobs provided by various employers, including major corporations like Ceridian, Donaldson Company, and HealthPartners, the city's economy is robust and stable. Additionally, the presence of institutions like Normandale Community College and Northwestern Health Sciences University ensures a steady flow of students and professionals. The city's extensive park system, including Hyland Lake Park Reserve and the Minnesota Valley National Wildlife Refuge, also makes it an attractive location for residents and visitors alike. With its convenient location just south of downtown Minneapolis and its numerous transportation options, including the Metro Blue Line and Minneapolis–Saint Paul International Airport, Bloomington is an ideal place to invest in a Shopping Center.
With 1 Shopping Centers for sale in Bloomington, investors have a range of options to choose from. These Shopping Centers offer a unique opportunity to tap into the city's strong retail market, with average prices per square foot at $627 USD and average sizes of 23,019 square feet. The largest Shopping Center available is 23,019 square feet, providing ample space for a variety of retail and commercial uses. In addition to Shopping Centers, Bloomington also offers a range of other property types, including Restaurants, Specialty Properties, Land, and Office Properties. For example, Restaurants in Bloomington offer a unique opportunity to capitalize on the city's strong hospitality industry, while Specialty Properties provide a chance to invest in unique and specialized assets. Land and Office Properties, meanwhile, offer a range of development and investment opportunities. With its strong economy and diverse range of industries, Bloomington is an attractive location for investors looking to diversify their portfolios.
What is the average cap rate for shopping centers in Bloomington?
The average cap rate for shopping centers in Bloomington is 6%, making it an attractive investment opportunity for those looking to capitalize on the city's strong retail sector, which is anchored by the massive Mall of America and supported by a diverse range of local businesses and amenities.
