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Two-Tenant Shopping Center
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1425 7th St E, Monticello, MN 55362

Leased retail center occupied by Marshalls and PetSmart with visibility from Interstate 94.

Property Size41,155 SF
Days on Market142

Property Features for 1425 7th St E

General Information

Standard status Active
Size 41,155 SF
Property subtype Retail

Additional Details

Anchor Co-Tenants Marshalls, PetSmart, Five Below

Building Details

Tenancy Multi
Listing Agency: CBRE - Oak Brook
Listed By: Michael Kaider · License #IL 475154630
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:42AM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

The offering includes a 41,155-square-foot retail property occupied by two tenants, Marshalls and PetSmart. Both tenants have recently extended their leases, and the sale represents a 100% fee interest in the asset.

The property is part of Union Crossing, a 70,960-square-foot regional center that includes Five Below and is shadow-anchored by Home Depot and Target. It is positioned on the north side of 7th Street in Monticello, Minnesota, with visibility from Interstate 94. Traffic on the nearby roadways exceeds 48,000 vehicles per day. Monticello is approximately 37 miles from downtown Minneapolis and 46 miles from downtown St. Paul.

Key Highlights

  • 41,155‑square‑foot retail property occupied by Marshalls and PetSmart
  • Two tenants recently extended their leases
  • 100% fee interest offered

Property Analytics

Current Use

TagWorks (Bike/Boat/Book/etc) Store PetSmart Grooming Pet Grooming Service PetSmart Dog Training Animal Training PetSmart (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Real Estate Agency Hair Salon Auto Parts Store Nail Salon HVAC Service

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby
251k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 35% Shops & Services 31% Apparel 14% Home Improvements & Furnishings 13%
Target Superstores
87,672 visits/mo 0.0 miles
Kwik Trip Shops & Services
39,042 visits/mo 0.2 miles
Marshalls Apparel
34,295 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
31,566 visits/mo 0.2 miles
PetSmart Shops & Services
20,983 visits/mo 0.2 miles

Demographics for 55362, MN

20,476
Population
7,589
Households
2.7
Avg Household Size
36
Median Age
26%
College-Educated
91%
High-School Grad
65.3 sq mi
ZIP Area
314
Density / Sq Mi
$92,870
Median Household Income
$48,029
Median Earnings
$1,458
Median Rent
$324,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Shopping center - Leased retail center occupied by Marshalls and PetSmart with visibility from Interstate 94.
Where is this shopping center located?
The property is located at 1425 7th St E Monticello, MN.
What are key features of this property?
This property features: 41,155‑square‑foot retail property occupied by Marshalls and PetSmart; Two tenants recently extended their leases; 100% fee interest offered
More about this property
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