Retail Property in Growing
For Sale
Contact for pricing
2110 Eagle Creek Ln, Woodbury, MN
19,686 SF retail property built in 2006, 100% occupied.
Property Size19,686 SF
Lot Size2.08 Acres
Price / SF$253.73
Days on Market830
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) 731-0708
Listed By:
Mark Young
(651) 307-2371
Source:
Moodyscre
Added: Jul 18, 2024
Changed: Oct 15
Last Checked: Oct 24 at 5:30PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$230,681
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,613,620
$4.6M
Cap Rate 7%
$3,295,443
$3.3M
Cap Rate 9%
$2,563,122
$2.6M
Market Conditions
NOI Build-Up for 19,686 SF
Gross rent
$354.3K $18.00/SF
− Vacancy
−$24.8K −$1.26/SF
EGI
$329.5K $16.74/SF
− OpEx
−$98.9K −$5.02/SF
NOI
$230.7K $11.72/SF
Area
Washington County, MN
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,613,620
Cap Rate 7%
$3,295,443
Cap Rate 9%
$2,563,122
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 79%
Home Improvements & Furnishings 17%
Beauty & Spa 5%
Carmine's
Dining
6,050 visits/mo
0.3 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
1,292 visits/mo
0.1 miles
Cost Cutters
Beauty & Spa
359 visits/mo
0.1 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
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
