Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7750 Harkness Ave S Cottage Grove, MN 55016

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space in neighborhood center with great visibility and access.

    Lot size:
    2.31 Acres

    Property Features for 7750 Harkness Ave S

    General Information

    Lot size
    2.31 Acres

    We can help!

    Listing Contact
    Mary Lindell
    Mary Lindell
    Source: Moodyscre

    Listing Agency: Suntide Commercial Realty, Inc. Listing Agent: Mary Lindell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Cottage Grove

    This retail space is located in a convenient neighborhood center with great visibility and easy access from US-61. The property benefits from a strong retail corridor and offers building signage opportunities. The zoning is mixed-use. Parking is available with 85 spaces. Co-tenants include Sushi Café, Jimmy John’s, Gray Duck, Anytime Fitness, Chiroway, and The Little Village. Area tenants include Muddy Cow, Walgreens, TCF Bank, Las Margaritas, Kohl’s, Domino’s, Merchants Bank, Culvers, SuperAmerica, Hy-Vee, and Caribou Coffee. The property offers 1320 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Daniel Lawrence American ... Insurance Agency Adam Urick Physician PHH Home Loans Loan Service The Little Village Family Recreation Center Gray Duck Disc ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cottage Grove
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9601214
    Latitude
    44.8368874

    Nearby Similar for Lease

    • Contact for pricing

      Cottage Grove Retail Opportunity

      High-visibility retail space in growing Cottage Grove, Minnesota.
      7162 E Point Douglas Rd S, Cottage Grove, MN 55016
      View Details
    • New
      Contact for pricing
      130,105 SF

      Distribution Facility Near Major Highways

      Class A distribution facility with access to major transportation routes.
      7701 100Th St S, Cottage Grove, MN 55016
      View Details
    • New
      Contact for pricing
      519,000 SF

      Cottage Grove Distribution Facility

      519,000 square foot distribution facility with access to US Hwy 61.
      100Th St S, Cottage Grove, MN 55016
      View Details
    • New
      Contact for pricing
      88,066 SF

      Distribution Warehouse Near Major Highways

      Class A distribution facility with access to major transportation routes.
      7601 100Th St S, Cottage Grove, MN 55016
      View Details
    • New
      Contact for pricing
      399,000 SF

      Cottage Grove Distribution Facility

      Class A distribution facility with access to US Hwy 61.
      8167 100Th St S, Cottage Grove, MN 55016
      View Details
    • Contact for pricing
      850 SF

      Cottage Grove Office Space Available

      Office space for rent with high visibility and easy access.
      7420 80Th St S, Cottage Grove, MN 55016
      View Details
    • Contact for pricing
      1,020 SF

      Retail Space in Cottage Grove

      Multi-tenant retail building with ample parking and easy access.
      6990 80Th St S, Cottage Grove, MN 55016
      View Details
    • New
      Contact for pricing
      290,000 SF

      Distribution Facility with Highway Access

      Class A distribution facility near major transportation routes.
      100th S & Ideal Ave S, Cottage Grove, MN
      View Details
    • Contact for pricing
      55,545 SF

      Highway 10 Visible Warehouse Space

      Warehouse space with direct Highway 10 access and visibility.
      7900 W Point Douglas Rd S, Cottage Grove, MN 55016
      View Details
    • Contact for pricing
      3,650,000 SF

      Cottage Grove Warehouse Space

      Large warehouse space available for lease in Cottage Grove.
      100Th St South, Cottage Grove, MN 55016
      View Details
    • Contact for pricing
      1,250 SF

      Retail Space in Cottage Grove

      Retail property with ample parking in Cottage Grove, Minnesota.
      7155 Jorgensen Ln S, Cottage Grove, MN 55016
      View Details
    • Contact for pricing
      1,100 SF

      Retail Space in Cottage Grove

      Retail space available in a shopping center anchored by Target.
      8711 E Point Douglas Rd, Cottage Grove, MN 55016
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail space in neighborhood center with great visibility and access.
    Where is this strip mall located?
    The property is located at 7750 Harkness Ave S Cottage Grove, MN.
    What are key features of this property?
    This property features: - High visibility and easy access from US-61; - Strong retail corridor location; - Convenient neighborhood center
    (612) 747-9854 Call to check price and availability
    Request Owner's contact information
    7750 Harkness Ave S Cottage Grove, MN 55016
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7750 Harkness Ave S
    Cottage Grove, MN 55016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7750 Harkness Ave S Cottage Grove, MN 55016
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mary Lindell
    Mary Lindell
    Real Estate License ID: 4438408
    (612) 747-9854 (651) 603-0321 (952) 921-5844
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!