Fully Leased Multi-Tenant Retail
For Sale
Contact for pricing
289 5th St E, Saint Paul, MN 55101
Fully leased multi-tenant retail property with annual escalations and tenant build-outs.
Property SizeContact for details
Days on Market146
Property Features for 289 5th St E
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
8.8%
Building Details
Tenancy
Multi
Listing Agency:
Greatland Real Estate Services LLC
Listed By:
Andrei Bortnov · License #40930918
(612) 702-6867
Source:
Crexi
Added: Apr 13
Changed: Aug 16
Last Checked: Jul 23 at 1:04PM
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 Greatland Real Estate Services LLC
Investment Insights
Based on property information with market context.
This is a fully leased multi-tenant retail investment featuring multiple tenant build-outs. The property is described as having annual escalations in place and is presented as an income-focused offering.
The retail building is located across the street from the St. Paul Saints Stadium in Saint Paul, Minnesota. The seller’s materials cite an 8.8% cap rate, with additional details referenced in the Investment Summary.
Given the current occupancy and established rent escalations, this asset is positioned as a turn-key retail investment opportunity based on the information provided.
The retail building is located across the street from the St. Paul Saints Stadium in Saint Paul, Minnesota. The seller’s materials cite an 8.8% cap rate, with additional details referenced in the Investment Summary.
Given the current occupancy and established rent escalations, this asset is positioned as a turn-key retail investment opportunity based on the information provided.
Key Highlights
- Fully leased multi‑tenant retail investment
- 8.8% CAP with annual escalations
- Located across the street from the St. Paul Saints Stadium
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,586
Businesses Nearby
65k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Hotels & Casinos 17%
Dining 4%
Holiday Station Store
Shops & Services
13,908 visits/mo
0.4 miles
Speedway
Shops & Services
12,318 visits/mo
Mister Car Wash
Shops & Services
11,776 visits/mo
0.4 miles
Drury Plaza Hotel
Hotels & Casinos
6,733 visits/mo
0.3 miles
BP
Shops & Services
6,179 visits/mo
0.4 miles
Demographics for 55101, MN
7,788
Population
5,651
Households
1.4
Avg Household Size
38
Median Age
57%
College-Educated
96%
High-School Grad
0.8 sq mi
ZIP Area
9,735
Density / Sq Mi
$72,703
Median Household Income
$56,947
Median Earnings
$1,573
Median Rent
$252,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fully leased multi-tenant retail property with annual escalations and tenant build-outs.
Where is this retail space located?
The property is located at 289 5th St E Saint Paul, MN.
What are key features of this property?
This property features: Fully leased multi‑tenant retail investment; 8.8% CAP with annual escalations; Located across the street from the St. Paul Saints Stadium
