New Multi-Tenant Retail
For Sale
Contact for pricing
1462 S 12th Avenue West, Virginia, MN 55792
Newly constructed shopping center with national credit tenants including Caribou Coffee and Verizon, plus one available space.
Property SizeContact for details
Days on Market129
Property Features for 1462 S 12th Avenue West
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
Upland Real Estate Group Inc
(612) 332-6600
Listed By:
Keith Sturm · License #MN 81883
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Aug 14 at 7:52AM
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 Upland Real Estate Group Inc
Investment Insights
Based on property information with market context.
This newly constructed multi-tenant investment property offers a retail shopping center configuration with established tenants including Caribou Coffee & Einstein Bros. Bagels and Verizon, along with one vacancy. The building is positioned to support continued leasing within a stabilized tenant mix.
The property is located at 1462 S 12th Avenue West in Virginia, Minnesota. It is available for purchase, providing an opportunity to acquire a newer retail asset with current income-producing tenants and the flexibility of an available unit.
The property is located at 1462 S 12th Avenue West in Virginia, Minnesota. It is available for purchase, providing an opportunity to acquire a newer retail asset with current income-producing tenants and the flexibility of an available unit.
Key Highlights
- Newly constructed multi‑tenant shopping center listed for $1,985,000
- National credit tenants include Caribou Coffee & Einstein Bros. Bagels
- Verizon is a tenant in the shopping center
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
324k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Shops & Services 20%
Home Improvements & Furnishings 16%
Superstores 16%
Target
Superstores
50,617 visits/mo
0.1 miles
Menards
Home Improvements & Furnishings
29,712 visits/mo
0.4 miles
McDonald's
Dining
29,084 visits/mo
0.1 miles
Super One Foods
Groceries
25,234 visits/mo
0.1 miles
Holiday Station Store
Shops & Services
23,316 visits/mo
0.1 miles
Demographics for 55792, MN
9,827
Population
5,628
Households
1.7
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
103
Density / Sq Mi
$50,616
Median Household Income
$40,275
Median Earnings
$795
Median Rent
$128,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Newly constructed shopping center with national credit tenants including Caribou Coffee and Verizon, plus one available space.
Where is this shopping center located?
The property is located at 1462 S 12th Avenue West Virginia, MN.
What are key features of this property?
This property features: Newly constructed multi‑tenant shopping center listed for $1,985,000; National credit tenants include Caribou Coffee & Einstein Bros. Bagels; Verizon is a tenant in the shopping center
