Retail Property in Growing
2110 Eagle Creek Ln Woodbury, MN
For Sale
Contact for pricing
19,686 SF retail property built in 2006, 100% occupied.
Property Size19,686 SF
Lot Size2.08 Acres
Price / SF$253.73
Days on Market739
Property Features for 2110 Eagle Creek Ln
General Information
- Standard status
- Active
- Size
- 19,686 SF
- Lot size
- 2.08 Acres
- Property subtype
- RETAIL
Listing Agency:
Crossroads Properties
(651) 307-2371
Listed By:
Mark Young
(651) 307-2371
Source:
Moodyscre
Added: Jul 18, 2024
Changed: Jul 6
Last Checked: Jul 21 at 4:27AM
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 Crossroads Properties
Investment Insights
Based on property information with market context.
This 19,686 square foot retail property, constructed in 2006, is located in a growing market. The property is 100% occupied and offers the potential to increase rents. It is suitable for convenience and neighborhood retail businesses. The property features on-building signage and off-street parking. The annual income is $300,699.67, and the building operating expenses are $8.37 per square foot.
Key Highlights
- 100% Occupied
- Annual Income: $300,699.67
- Opportunity to Increase Rents
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $354.3k | $18.00 |
| − Vacancy | −$24.8k | −$1.26 |
| EGI | $329.5k | $16.74 |
| − OpEx | −$98.9k | −$5.02 |
| NOI | $230.7k | $11.72 |
19,686 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.30M
$2.88M – $3.84M
NOI $230,681 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.47M
$4.78M – $6.38M
NOI $382,771 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Strip malls
FAQs
What type of property is this?
Strip mall - 19,686 SF retail property built in 2006, 100% occupied.
Where is this strip mall located?
The property is located at 2110 Eagle Creek Ln Woodbury, MN.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 100% Occupied; Annual Income: $300,699.67; Opportunity to Increase Rents
