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4500 Excelsior Blvd - Trader Joe's Local commercial | 1 276 m² | 6 484 028 € | À vendre | Saint Louis Park, MN 55416
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Trader Joe's has operated continuously at this location since January 2005 and recently executed a 5-year lease extension through January 2032
- Directly beneath and adjacent to Excelsior & Grand Condominiums and multiple multifamily complexes that create a walkable customer base
- 3-mile trade area features average household income exceeding $150,000 and per capita income over $50,000, both ~30% above national averages
- Situated in one of the Twin Cities' most supply-constrained retail corridors surrounded by major national retailers (Target, LA Fitness, etc.)
- Located a half-mile from Highway 100 (116,000 VPD) and benefiting from the upcoming 2027 METRO Green Line Extension ($2.9 billion project)
- Positioned 15 minutes from downtown Minneapolis, capturing the advantages of major supply chains and market exposure while avoiding downtown pricing
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- Offering Memorandum
1 Lot disponible
- Lot
- Surface du lot
- Usage du lot en coprop.
- Prix
- RNE
| Type de vente | Investissement | Nb de places de stationnement | 57 |
| Taux de capitalisation | 5,30% | Référence cadastrale/ID de parcelle | 06-028-24-43-0191, 06-028-24-43-0192 |
| Type de vente | Investissement |
| Taux de capitalisation | 5,30% |
| Nb de places de stationnement | 57 |
| Référence cadastrale/ID de parcelle | 06-028-24-43-0191, 06-028-24-43-0192 |
Notes sur la vente
Jones Lang LaSalle Americas, Inc. ("JLL"), is pleased to exclusively offer for sale the fee-simple interest in Trader Joe's located at 4500 and 4590 Excelsior Blvd in St. Louis Park, Minnesota. The 13,740 SF building will be leased through January 2032 with four additional 5-year renewal options extending potential occupancy through 2052.
Trader Joe's is one of fewer than 640 locations in America and has been continuously operated at this site since January 2005, demonstrating over 20 years of uninterrupted occupancy and strong operational performance. The property sits on a hard corner at the signalized intersection of Excelsior Blvd & Monterey Dr, with 20,250 VPD on Excelsior, and benefits from proximity to Highway 100, which carries 116,000 VPD. The site is strategically positioned within one of the Twin Cities' most retailer-dense corridors, with immediate neighbors including Target, LA Fitness, CVS, Chase Bank, Chipotle, and Starbucks.
In the surrounding area, the property is directly beneath the Excelsior & Grand Condominiums and surrounded by multiple multifamily complexes, creating a captive, walkable customer base. Within a 3-mile radius, average household income exceeds $150,000, nearly 30% higher than the national average, and 66% of adults in SLP hold a bachelor's or graduate degree. St. Louis Park has experienced nearly 10% population growth since 2010.
Please see OM for more information.
Trader Joe's is one of fewer than 640 locations in America and has been continuously operated at this site since January 2005, demonstrating over 20 years of uninterrupted occupancy and strong operational performance. The property sits on a hard corner at the signalized intersection of Excelsior Blvd & Monterey Dr, with 20,250 VPD on Excelsior, and benefits from proximity to Highway 100, which carries 116,000 VPD. The site is strategically positioned within one of the Twin Cities' most retailer-dense corridors, with immediate neighbors including Target, LA Fitness, CVS, Chase Bank, Chipotle, and Starbucks.
In the surrounding area, the property is directly beneath the Excelsior & Grand Condominiums and surrounded by multiple multifamily complexes, creating a captive, walkable customer base. Within a 3-mile radius, average household income exceeds $150,000, nearly 30% higher than the national average, and 66% of adults in SLP hold a bachelor's or graduate degree. St. Louis Park has experienced nearly 10% population growth since 2010.
Please see OM for more information.
| Lot | Surface du lot | Usage du lot en coprop. | Prix | RNE |
| Lot C1 & C2 | 1 276 m² | Local commercial | 6 484 028 € (5 079,58 €/m²) | 343 582,51 € |
Lot C1 & C2
| Surface du lot |
| 1 276 m² |
| Usage du lot en coprop. |
| Local commercial |
| Prix |
| 6 484 028 € (5 079,58 €/m²) |
| RNE |
| 343 582,51 € |
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Carte
Lot C1 & C2
| Surface du lot | 1 276 m² |
| Usage du lot en coprop. | Local commercial |
| Prix | 6 484 028 € (5 079,58 €/m²) |
| RNE | 343 582,51 € |
| Type de vente | Investissement |
| Taux de capitalisation | 5,30% |
| Nb de places de stationnement | 57 |
| Référence cadastrale/ID de parcelle | 06-028-24-43-0191, 06-028-24-43-0192 |
| Notes sur la vente | |
| Jones Lang LaSalle Americas, Inc. ("JLL"), is pleased to exclusively offer for sale the fee-simple interest in Trader Joe's located at 4500 and 4590 Excelsior Blvd in St. Louis Park, Minnesota. The 13,740 SF building will be leased through January 2032 with four additional 5-year renewal options extending potential occupancy through 2052.<br> <br> Trader Joe's is one of fewer than 640 locations in America and has been continuously operated at this site since January 2005, demonstrating over 20 years of uninterrupted occupancy and strong operational performance. The property sits on a hard corner at the signalized intersection of Excelsior Blvd & Monterey Dr, with 20,250 VPD on Excelsior, and benefits from proximity to Highway 100, which carries 116,000 VPD. The site is strategically positioned within one of the Twin Cities' most retailer-dense corridors, with immediate neighbors including Target, LA Fitness, CVS, Chase Bank, Chipotle, and Starbucks.<br> <br> In the surrounding area, the property is directly beneath the Excelsior & Grand Condominiums and surrounded by multiple multifamily complexes, creating a captive, walkable customer base. Within a 3-mile radius, average household income exceeds $150,000, nearly 30% higher than the national average, and 66% of adults in SLP hold a bachelor's or graduate degree. St. Louis Park has experienced nearly 10% population growth since 2010.<br> <br> Please see OM for more information.</li></ul> |
Informations sur l’immeuble
Les informations ci-dessous concernent l’ensemble de l’immeuble. Les caractéristiques propres à chaque lot peuvent varier et sont précisées dans la description du lot présenté ci-dessus.
| Surface totale de l’immeuble | 10 089 m² | Surface type par étage | 6 517 m² |
| Type de bien | Immeuble residentiel (Lot en copropriété) | Année de construction | 2005 |
| Sous-type de bien | Appartement | Surface du lot | 0,46 ha |
| Classe d’immeuble | B | Ratio de stationnement | 0,06/1 000 m² |
| Étages | 5 |
| Surface totale de l’immeuble | 10 089 m² |
| Type de bien | Immeuble residentiel (Lot en copropriété) |
| Sous-type de bien | Appartement |
| Classe d’immeuble | B |
| Étages | 5 |
| Surface type par étage | 6 517 m² |
| Année de construction | 2005 |
| Surface du lot | 0,46 ha |
| Ratio de stationnement | 0,06/1 000 m² |
Caractéristiques
Caractéristiques du site
- Cour
- Centre de fitness
- Service de petit-déjeuner/café
- Salle de jeux
- Grill
- Appartement d’invités
- Commerces sur place
- Service d’emballage
- Wi-Fi
- Ascenseur
- Salle multi-usages
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 35 | - | 51 - 73 |
| 1+1 | 21 | - | 60 - 102 |
| 2+1 | 30 | - | 92 - 121 |
Moyennement praticable à pied
70/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun relativement accessibles
40/100
Moyennement praticable en vélo
70/100
1 sur 9
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
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4500 Excelsior Blvd - Trader Joe's
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