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Off Market
1/12

3001 N White Bear Ave
Maplewood, MN 55109


HIGHLIGHTS

  • 14 acre-site provides ample land for redevelopment, including the opportunity for two outlots (7,000 SF PBA each)
  • City’s “North End Vision Plan” supports additional density & mixed use redevelopment of the area; retail, residential, hospitality
  • Site is surrounded by dense demographics, favorable amenities and convenient access to freeways/commuter thoroughfares
  • Continued Municipal Infrastructure Investment: Rush Line Bus Rapid Transit (BRT) will connect the North End to White Bear Lake, Maplewood and Downtown
  • Only 5 minutes driving time from Minneapolis and St. Paul

OVERVIEW

This former department store box is connected to the regional Maplewood Mall, a 900,000 square foot mall that is home to 125+ retailers, and is anchored by Macy’s, Kohl’s, H&M, JC Penny, and Barnes & Noble. The asset has excellent access to major interstate I-694 and visibility to the primary North / South traffic artery in the trade area, White Bear Avenue. Additional retailers in the submarket include Costco, Target, Sam’s Club, Home Depot, Aldi, Hobby Lobby, Half Priced Books, Marshall’s, BestBuy, Burlington Coat, JoAnn, Slumberland, Ashley Furniture, L.A Fitness, Michael’s Crafts, PetSmart, DSW and Jared, among others. Maplewood is a dense community and first ring suburb of St. Paul. The submarket is connected to three major traffic arteries, Interstate 694, Highway 36 and Highway 61. The Maplewood Mall, HeathEast Care System, CostCo, and 3M are the city’s major employers. There are over 207,000 residents within a 5-mile radius with an average household income of $88,000.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

HmongTown 2 Marketplace

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

ADD'L SUBTYPES

Freestanding, Storefront, Medical

TOTAL BUILDING SIZE

180000

STORIES

2

YEAR BUILT

1974

SPRINKLERS

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PARKING SPACES

300

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

02-29-22-23-0003