The Shoppes at Albertville Crossings
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5585 LACENTRE AVE NE, ALBERTVILLE, MN 55301
PROPERTY INFORMATION
Price:
$2,397,056
Cap Rate:
7.35%
Term Remaining:
Varies by Tenant Years
Year Built:
2004
Status:
Available
INVESTMENT HIGHLIGHTS
- Newer 11,844 Multi-Tenant Retail Center located on 1.22 Acres
- Tenants Include: Sherwin Williams (Corporate Guaranteed Lease, 42.22% of Total SF) Little Caesars, Albertville Eyecare and Metro Dentalcare
- 1,496 SF Available for Additional Tenant
- Long Term Leases with Minimal Landlord Responsibilities
- 10 Mile Population Exceeds 133,900 Residents
- 5 Mile Average Household Income Exceeds $104,000
- 5.73% Projected Population Growth Within 5 Miles by 2023