Connectez-vous/S’inscrire
Votre e-mail a été envoyé.
5440-5480 S Robert Trl
Inver Grove Heights, MN 55077
Salem Heights · Local commercial Bien À vendre
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Well-located shopping center at a signalized hard corner with excellent visibility and access to I-494.
- Strong occupancy history with many tenants in place for more than 10 years.
- Offered at an attractive price point with an 8.65% capitalization rate and a 10% projected cash-on-cash return.
- Anchored by a mix of credit and local tenants, including established national brands.
- Seller will master lease the remaining vacancy, providing stable cash flow and reduced leasing risk.
Résumé analytique
Salem Heights Shopping Center presents a strong investment opportunity within the high-demand Inver Grove Heights and West St. Paul trade areas. This multi-tenant retail center occupies a prominent corner location at a signalized intersection with excellent visibility and accessibility from I-494, providing gateway access to both communities.
The property totals 8,400 square feet and is well leased, offering a balanced tenant mix of national and local businesses, including recognized brands such as Enterprise and Avis. Many of the tenants have maintained occupancy for over a decade, demonstrating stability and long-term tenancy. The seller will master lease the remaining vacancy, ensuring consistent income and minimizing leasing risk for an incoming owner.
Financial performance is compelling, with a capitalization rate of 8.65% and projected cash-on-cash return of 10%. Offered at $1,600,000—or $190 per square foot—the center delivers durable cash flow supported by strong market fundamentals and limited future leasing obligations due to the master lease arrangement.
Located in a thriving submarket with high traffic counts and dense demographics, Salem Heights Shopping Center is positioned to benefit from sustained retail demand and continued economic growth in the Twin Cities metro area.
The property totals 8,400 square feet and is well leased, offering a balanced tenant mix of national and local businesses, including recognized brands such as Enterprise and Avis. Many of the tenants have maintained occupancy for over a decade, demonstrating stability and long-term tenancy. The seller will master lease the remaining vacancy, ensuring consistent income and minimizing leasing risk for an incoming owner.
Financial performance is compelling, with a capitalization rate of 8.65% and projected cash-on-cash return of 10%. Offered at $1,600,000—or $190 per square foot—the center delivers durable cash flow supported by strong market fundamentals and limited future leasing obligations due to the master lease arrangement.
Located in a thriving submarket with high traffic counts and dense demographics, Salem Heights Shopping Center is positioned to benefit from sustained retail demand and continued economic growth in the Twin Cities metro area.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Bien à usage mixte
Surface de l’immeuble
780 m²
Classe d’immeuble
B
Année de construction
1983
Prix
1 401 952 €
Prix par m²
1 796,49 €
Taux de capitalisation
8,65 %
RNE
121 272 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,13
Surface du lot
0,62 ha
Zonage
B-2 - Commercial
Stationnement
97 places (124,3 places par 1 000 m² loué)
Façade
Caractéristiques
- Voie de virage exclusive
- Enseigne sur pylône
- Signalisation
- Intersection avec signalisation
Taxes foncières
| Numéro de parcelle | 20-65900-01-060 | Évaluation des aménagements | 494 451 € |
| Évaluation du terrain | 495 064 € | Évaluation totale | 989 515 € |
Taxes foncières
Numéro de parcelle
20-65900-01-060
Évaluation du terrain
495 064 €
Évaluation des aménagements
494 451 €
Évaluation totale
989 515 €
1 sur 8
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
