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Grocery Anchored Virginia Mall
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1401-1440 S 12th Ave W, Virginia, MN

Thriving retail property with high occupancy and growth potential.

Property Size57,248 SF
Lot Size22.38 Acres
Price / SF$66.33
Days on Market593

Property Features for 1401-1440 S 12th Ave W

General Information

Standard status Active
Size 57,248 SF
Lot size 22.38 Acres
Property subtype RETAIL
Listing Agency: Mid-America Real Estate-Minnesota LLC
Listed By: Amy Senn
Source: Moodyscre
Added: Mar 6, 2025 Changed: Oct 10 Last Checked: Oct 19 at 7:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid-America Real Estate-Minnesota LLC

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Investment Insights

Based on property information with market context.

The Uptown Virginia Mall is a 57,248 square foot retail property located in Virginia, Minnesota. The property is anchored by Aldi, Tractor Supply, and Harbor Freight. The mall is currently 100% occupied and has a year one net operating income of $341,242. Situated in a high-traffic area on Highway 53, the property benefits from high visibility and a captive trade area of over 70,000 people within a 20-mile radius. The mall is near major retailers such as Target, Menards, and Walmart. A renovation plan is underway, and a new Marshall’s store is scheduled to open in 2026.

Key Highlights

  • Grocery‑anchored mall with Aldi, Tractor Supply, and Harbor Freight.
  • 100% occupancy with Year 1 NOI of $341,242.
  • High‑visibility location on Highway 53.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby
327k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Shops & Services 19% Home Improvements & Furnishings 17% Superstores 15%
Target Superstores
50,617 visits/mo 0.4 miles
Menards Home Improvements & Furnishings
29,712 visits/mo 0.2 miles
McDonald's Dining
29,084 visits/mo 0.3 miles
Super One Foods Groceries
25,234 visits/mo 0.3 miles
Holiday Station Store Shops & Services
23,316 visits/mo 0.3 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Shopping mall - Thriving retail property with high occupancy and growth potential.
Where is this shopping mall located?
The property is located at 1401-1440 S 12th Ave W Virginia, MN.
What is the asking price?
The asking price for this property is $3,797,000.
What are key features of this property?
This property features: Grocery‑anchored mall with Aldi, Tractor Supply, and Harbor Freight.; 100% occupancy with Year 1 NOI of $341,242.; High‑visibility location on Highway 53.
(952) 897-7833 Call to check price and availability
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