2180 105th N ave - Retail FOR SALE


$7,935,000 USD
612-332-6600
2180 105th N ave, Blaine, MN for Sale
$7,935,000 USD
Retail - FOR SALE
1/2
null | 7.25% Cap Rate


HIGHLIGHTS

  • The National Sports Village is a Leasehold Investment property which allows 100% depreciation of the building.
  • Tenants include Scooter’s Coffee, The PARC, Northstar Cigars, and one vacancy the owners will master lease if lease is not signed prior to closing.
  • A+ location next to The National Sports Center, a 600+ acre multi-sports complex in Blaine, the largest amateur sports complex in North America.
  • The National Sports Center facility includes a soccer stadium with 50+ full-sized soccer fields, and a PGA Tour designed 18-hole golf course.
  • Excellent demographics with a 1-mile average household income of $148,984 and population of 168,794 within a 5-mile population.
  • The Anoka County Airport, located just south of the National Sports Village, is one of the busiest private airports in the Midwest.

OVERVIEW

Leasehold Investment (Building Only) with up to 60 years on Ground Lease. The Sellers are willing to sign a 2 year Master Lease on vacancy if not leased prior to sale.

FOR SALE DETAILS

PRICE

$7,935,000 USD

PRICE/SF

$467 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

National Sports Village

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.