Woodbury, Minnesota, offers a unique opportunity for investors to capitalize on the city's growing economy by purchasing a shopping center. With a population of approximately 75,000 residents, Woodbury provides a stable customer base for businesses. Shopping centers in Woodbury can represent a variety of investment opportunities, from retail spaces to mixed-use developments. These properties often feature a mix of local businesses, national chains, and amenities such as restaurants, entertainment options, and services. Woodbury's shopping centers benefit from the city's excellent infrastructure, including easy access to Interstate 94 and a range of community amenities like the HealthEast Sports Center and Central Park. The city's highly rated school district, South Washington County School District, and nearby institutions like Rasmussen College–Lake Elmo / Woodbury campus, also contribute to its appeal. Woodbury's scenic geography, with numerous lakes and parks, makes it an attractive location for both businesses and residents.
Currently, there are 3 shopping centers for sale in Woodbury, offering a range of investment opportunities. These properties have an average price per square foot of $283 USD and an average size of 13,543 square feet. The largest shopping center available for sale is 19,686 square feet. In addition to shopping centers, Woodbury also offers other investment opportunities, including restaurants, specialty properties, land, and office properties. For example, restaurants in Woodbury can benefit from the city's growing population and lack of major dining chains. Specialty properties, such as medical offices or childcare facilities, can take advantage of the city's highly rated school district and family-friendly atmosphere. Land investors can capitalize on Woodbury's limited available land and growing demand for new developments. Office properties in Woodbury can benefit from the city's strong economy and highly educated workforce. Overall, Woodbury offers a range of investment opportunities for those looking to capitalize on the city's growing economy and excellent quality of life.
What is the average cap rate for shopping centers in Woodbury?
For investors seeking shopping centers in Woodbury, the average cap rate is 6.34%, providing a promising return on investment in this suburban city with a population of around 80,000, situated just eight miles east of Saint Paul.
