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Regional Grocery Anchored Shopping Center
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1450 University Ave W, Saint Paul, MN 55104

Regional grocery anchored center with big box space opportunity and potential to subdivide.

Space Size114,608 SF
Days on Market713

Property Features for 1450 University Ave W

General Information

Standard status Active
Size 114,608 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Spaces For Lease

at 1450 University Ave W Contact us

Former At Home I Midway Marketplace

Floor
1
Size
114,608 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
• Located on I-94 at the intersection of University & Hamline Avenues • Adjacent...
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Listing Agency: Kraus-Anderson Realty
Listed By: Dan Mossey
Source: Moodyscre
Added: Oct 1, 2024 Changed: Sep 9 Last Checked: Sep 13 at 9:30AM

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 Kraus-Anderson Realty

Investment Insights

Based on property information with market context.

This property is a regional grocery anchored shopping center totaling 114,608 square feet, positioned on I-94 at the intersection of University & Hamline Avenues. The center includes 324,320 square feet described as the regional grocery anchored shopping center.

The offering also references a 114,000 square foot big box opportunity with potential to subdivide. The location provides convenient freeway access and direct adjacency to Allianz Field.

For tenants and brokers, the primary consideration is the availability of the big box format with the stated option to subdivide, alongside the existing regional grocery anchored configuration.

Key Highlights

  • Located on I‑94 at the intersection of University & Hamline Avenues
  • Adjacent to Allianz Field
  • 324,320 SF regional grocery anchored shopping center

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,879
Businesses Nearby
318k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 41% Dining 25% Groceries 14% Shops & Services 14%
Target Superstores
129,089 visits/mo 0.4 miles
Cub Foods Groceries
45,911 visits/mo 0.2 miles
Taco Bell Dining
19,975 visits/mo 0.3 miles
Culver's Dining
18,282 visits/mo 0.1 miles
Noodles & Company Dining
16,343 visits/mo 0.3 miles

Demographics for 55104, MN

45,612
Population
20,358
Households
2.2
Avg Household Size
33
Median Age
52%
College-Educated
93%
High-School Grad
6.0 sq mi
ZIP Area
7,602
Density / Sq Mi
$75,038
Median Household Income
$42,770
Median Earnings
$1,159
Median Rent
$290,900
Median Home Value
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

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 - Regional grocery anchored center with big box space opportunity and potential to subdivide.
Where is this shopping center located?
The property is located at 1450 University Ave W Saint Paul, MN.
What are key features of this property?
This property features: Located on I‑94 at the intersection of University & Hamline Avenues; Adjacent to Allianz Field; 324,320 SF regional grocery anchored shopping center
(612) 255-2420 Call to check price and availability
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