Storefront Retail Residential For Sale • 13,099 SF
| Newer construction (2006) mixed use building. Developer has been the only owner since construction. |
| 13,099 SF main floor consisting of five retail condos |
| Anchor Tenant CorePower Yoga provides stable, long term income in over 36% of the GLA (into 2032) |
| Other Tenants include Cozy Cookie, 57 FIT, and DM Companies (Seller lease-back) Significant upside via re-tenanting and increasing existing rents |
| Owner user for up to 50% of the GLA with SBA financing is also possible. Contact broker for information. |
| Priced to sell! A net income of $320,000+ (14%+ CAP) is achievable upon full occupancy. Current NOI is $172,407. |
| Total Expenses: | $132,299 USD |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| 57 FIT | 3,252 SF | 1/31/2026 |
| Corepower Yoga | 4,759 SF | 1/31/2032 |
| Cozy Cafe & Cookie | 1,958 SF | 6/30/2027 |
| DM Companies | 1,116 SF | 2/29/2028 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Target Field Station (Northstar Corridor - Northstar Commuter Rail) | 10 min | - | 3.5 mi |
| Airport | Drive | Walk | Distance |
| Minneapolis-St Paul International/Wold-Chamberlain | 21 min | - | 12.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Covered |
| Included in Rent: | Yes |