Village of Blaine Shopping Center_Propiedad en venta
Village of Blaine Shopping Center_Propiedad en venta

Village of Blaine Shopping Center

4205-4549 Pheasant Ridge Dr NE, Minneapolis, MN, 55449-4529, US

Descripción

Property Address: 4335 Pheasant Ridge Road Dr NE, Blaine, MN 55449

Property Size: 220,685 SF

Occupancy: 93.3%

Year Built: 2001

Parking Spaces: 868

WALT: 6 Years

Year 1 NOI: +/- $2,942,000

5-Year CAGR: +/- 5.9%

...

Atributos

Superficie bruta construida
20.502 m²
Ocupación
93 %
Año de construcción
2001

Media

Aspectos destacados de la inversión

  1. Market Dominant Grocery-Anchored Shopping Center Positioned for Long-Term Success
  2. #2 Most Trafficked Shopping Center in 10-Mile Radius, Top 10% in Minnesota
  3. Anchored by Cub Foods (#1 market share for traditional grocers in Minneapolis MSA) Who recently extended for 7 years
  4. 3.3M Annual Visitors – 80% Higher than Next Best Performing Center in 5-Mile Radius
  5. Located off the Northeast Corner of Lexington Avenue & Interstate 35W – 107,754 Combined VPD


  1. Blaine – One of Minnesota’s Fastest Growing Communities
  2. Minnesota’s 10th Largest City at a Population of 76,397
  3. Over 1,700 new homes in construction pipeline across 22 Master Planned Communities in Blaine
  4. Blaine has Consistently Grown by an Average of 1,000 Residents per Year for the Last Two Decades – 33% Population Growth Since 2010
  5. Village of Blaine Population Expected to Grow 3.5% by 2030


  1. Stable Cash Flow with Value-Add Creation Opportunities
  2. +/- 25% of Income Generated by Cub Foods Grocer Anchor
  3. 14,765 SF of Vacant Space Available, Offering +/- 6% 5-Year NOI CAGR
  4. Cub Foods Separately Parceled


  1. Outstanding Leasing Momentum
  2. 33,376 SF Across 9 Leases Signed Since 2022
  3. 2.2% Market Vacancy Rate with 5.3% YOY Rent Growth
Village of Blaine Shopping Center 4_Propiedad en venta
Village of Blaine Shopping Center 4_Propiedad en venta

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Village of Blaine Shopping Center (0 Propiedades)

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Última actualización
13 de may de 2026