This Property is no longer advertised on Showcase.com.
Off Market
1/1

7940-7950 Penn Ave S
Bloomington, MN 55431


HIGHLIGHTS

  • The Caribou Coffee/T-Mobile/Walgreens/Jimmy John’s Center is 100% leased with 3 Corporate tenants including Caribou Coffee, T-Mobile, Walgreens.
  • Assumable financing: $5,186,532 @ 4.15% Interest Rate, 20 years fully amortizing through February, 15, 2035.
  • Low rent to sales.
  • Generational ownership location situated across from future Dick’s House of Sport and Best Buy Corporate Headquarters.
  • Located on an outlot to Target and Hobby Lobby with neighboring retailers such as Chick-Fil-A, Fresh Thyme, McDonald’s, Petco, TJMaxx, Kohl’s, & more.
  • Located only minutes from MSP International Airport, Mall of America, Southdale Mall, Galleria, and Downtown Minneapolis.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Caribou | T-Mobile | Walgreens | Jimmy Johns

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

23019

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

101

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

05-027-24-11-0004