612-709-9742
712-786 Mainstreet, Hopkins, MN for Sale
Retail - FOR SALE
1/7
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712-786 Mainstreet
Hopkins, MN 55343


HIGHLIGHTS

  • Fully leased multi-tenant retail asset in vibrant Downtown Hopkins.
  • Anchored by Chipotle Mexican Grill with a curated mix of retail and service tenants.
  • Walkable urban corridor located near Southwest Light Rail Station.
  • Easy access to Highway 169 and major commuter routes.
  • Established residential density above and within close proximity.
  • Recent capital upgrades completed in 2022 with additional improvements scheduled for 2025.

OVERVIEW

KW Commercial is pleased to present the sale of a multi-tenant retail property located at the Marketplace Lofts in Downtown Hopkins, Minnesota. Street level retail is below 53 units of residential condos, which are 100 % sold out. The 18,495 SF property is 100% leased to local and national tenants. Tenants include Chipotle Mexican Grill, Cold Stone Creamery, Pink Ivy Kitchen & Bar, The Vine Shop/Vine Room and more. Common area maintenance, building insurance and property taxes are prorated from the HOA. Located just 10 miles from downtown Minneapolis, Hopkins is an demanded suburb for young professionals. Within 5 miles of the property, there's over 98,000 units of housing. The subject property is located right on Mainstreet the main drag of Downtown Hopkins with a traffic count of 5,200 VPD.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

100%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marketplace Lofts

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

B-3

APN/PARCEL ID

24-117-22-43-0164,24-117-22-43-0165,24-117-22-43-0171,24-117-22-43-0172,24-117-22-43-0175,24-117-22-43-0176,24-117-22-43-0178,24-117-22-43-0179,24-117-22-43-0181,24-117-22-43-0182,24-117-22-43-0183,24-117-22-43-0185,24-117-22-43-0187,24-117-22-43-0189,24-117-22-43-0191,24-117-22-43-0197,24-117-22-43-0214,24-117-22-43-0223,24-117-22-43-0226,24-117-22-43-0229,24-117-22-43-0233,24-117-22-43-0234

ASK ABOUT THIS PROPERTY

Thomas CommerfordKeller Williams Preferred RealtyMore Info
612-709-9742

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Thomas CommerfordKeller Williams Preferred RealtyMore Info
612-709-9742

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