Building Details

Tenancy Single

Listing Agency: Marcus & Millichap - San Francisco r***@marcusmillichap.com Show Phone

Listed By: Bill Schofield · License #CA 01239109

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:44AM

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Investment Insights

Based on property information with market context.

Located at 5314 Grand Ave in Duluth, MN, this retail property is leased to O'Reilly Auto Parts under a newly extended 10-year lease. The asset is offered for sale.

The surrounding area includes numerous national tenants. The site is less than 3 blocks from Denfield High School and MacArthur Elementary School.

Key Highlights

• Newly extended 10‑year lease with O'Reilly Auto Parts
• Retail property at 5314 Grand Ave, Duluth, MN 55807
• Numerous national tenants in the surrounding area

Property Analytics

Property Profile

Current Use

O'Reilly Auto Parts Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Skin Care Clinic Grocery & Convenience 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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

781

Businesses Nearby

Explore this area Business Placement

Demographics for 55807, MN

9,674

Population

4,572

Households

2.1

Avg Household Size

39

Median Age

29%

College-Educated

95%

High-School Grad

5.8 sq mi

ZIP Area

1,668

Density / Sq Mi

$63,670

Median Household Income

$36,246

Median Earnings

$797

Median Rent

$164,000

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?

Retail space - Retail property leased to O'Reilly Auto Parts under a newly extended long-term agreement.

Where is this retail space located?

The property is located at 5314 Grand Ave Duluth, MN.

What are key features of this property?

This property features: Newly extended 10‑year lease with O'Reilly Auto Parts; Retail property at 5314 Grand Ave, Duluth, MN 55807; Numerous national tenants in the surrounding area