Building Details

Tenancy Multi

Listing Agency: ORB Real Estate d***@orbcre.com Show Phone

Listed By: David L Johnson · License #40422876 Show Phone

Source: Exprealty

Added: Sep 17 Changed: Sep 23 Last Checked: Sep 26 at 12:43PM

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Investment Insights

Based on property information with market context.

Retail space is available within a newly built strip center, with 2,752 square feet currently offered. The layout may also be divided into a 1,376-square-foot suite, providing flexibility for different operating footprints.

The property is positioned along Hwy 29 near I-94 Exit 103, with Starbucks next door and a Walmart driveway across the street. The Alexandria address is 3-611 44th Ave W.

Key Highlights

• 2,752 square feet currently available
• Can be divided into a 1,376‑square‑foot suite
• Newly built strip center

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Bakery Storage Facility HVAC Service Grocery & Convenience Store Home Appliance Store (Bike/Boat/Book/etc) Store

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

Yes

Highway access

NNN (Triple Net)

Lease Type

$2.70 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

994

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this strip malls located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - Newly built retail center space adjacent to Starbucks and across from a Walmart driveway.

Where is this strip mall located?

The property is located at 3-611 44th Ave W Alexandria, MN.

What is the lease rate?

The lease rate is $18 SF/Yr.

What are key features of this property?

This property features: 2,752 square feet currently available; Can be divided into a 1,376‑square‑foot suite; Newly built strip center