Tom Thumb Grocery
For Sale
Contact for pricing
Pending
2402 E 38th St, Minneapolis, MN 55406
Fully leased neighborhood retail asset with a proposed 10-year triple-net lease.
Property SizeContact for details
Days on Market142
Property Features for 2402 E 38th St
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Listing Agency:
Cushman & Wakefield - Bloomington, Minnesota
(952) 465-3377
Listed By:
William Melin · License #MN S56957000
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 7:53PM
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 Cushman & Wakefield - Bloomington, Minnesota
Investment Insights
Based on property information with market context.
Tom Thumb is a grocery and convenience store property at 2402 E 38th Street in Minneapolis. The building is described as being in good condition, with no deferred maintenance issues identified in the property information.
The asset serves a neighborhood setting with dense residential surroundings and other commercial businesses nearby. The current operator has owned and operated the location since 2006. In connection with a closing, the sellers will execute a mutually agreeable 10-year triple-net lease.
The asset serves a neighborhood setting with dense residential surroundings and other commercial businesses nearby. The current operator has owned and operated the location since 2006. In connection with a closing, the sellers will execute a mutually agreeable 10-year triple-net lease.
Key Highlights
- Grocery and convenience store property at 2402 E 38th Street, Minneapolis, Minnesota
- Fully leased asset with a proposed 10‑year triple‑net lease
- Current operator has owned and operated the location since 2006
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
723
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55406, MN
34,588
Population
17,439
Households
2
Avg Household Size
39
Median Age
56%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
6,918
Density / Sq Mi
$91,865
Median Household Income
$56,291
Median Earnings
$1,276
Median Rent
$335,500
Median Home Value
Market
Vacancy Rate% for Retail in Minneapolis, MN
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Fully leased neighborhood retail asset with a proposed 10-year triple-net lease.
Where is this grocery and convenience store located?
The property is located at 2402 E 38th St Minneapolis, MN.
What are key features of this property?
This property features: Grocery and convenience store property at 2402 E 38th Street, Minneapolis, Minnesota; Fully leased asset with a proposed 10‑year triple‑net lease; Current operator has owned and operated the location since 2006
