Leased Neighborhood Retail
5440-5480 S Robert Trl Inver Grove Heights, MN 55077
For Sale
Contact for pricing
Seller will master lease the remaining vacant suite in a well-leased neighborhood retail center with long-term tenants.
Property Size8,400 SF
Price / SF$190.48
Days on Market78
Property Features for 5440-5480 S Robert Trl
General Information
Standard status
Active
Size
8,400 SF
Property subtype
RETAIL
Listing Agency:
Cushman & Wakefield
(952) 200-7890
Listed By:
William "Skip" Melin
(952) 200-7890
Source:
Moodyscre
Added: May 13
Changed: Jul 25
Last Checked: Jul 28 at 3:15PM
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
Investment Insights
Based on property information with market context.
This neighborhood shopping center at 5440-5480 S Robert Trl is well leased, with the seller planning to master lease the remaining vacant suite. The tenant roster includes a mix of credit and local operators, and many of the tenants have been at the center for more than 10 years.
The property is positioned within the Inver Grove Heights and West St. Paul trade areas, supporting a stable, established retail environment.
Overall, the center offers an investor-friendly leasing structure with an immediate plan for the remaining space, alongside a proven tenant history.
The property is positioned within the Inver Grove Heights and West St. Paul trade areas, supporting a stable, established retail environment.
Overall, the center offers an investor-friendly leasing structure with an immediate plan for the remaining space, alongside a proven tenant history.
Key Highlights
- Seller will master lease the remaining vacant suite
- Well‑leased neighborhood retail center with a mix of credit and local tenants
- Many tenants have been at the center for over 10 years
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $151.2k | $18.00 |
| − Vacancy | −$24.6k | −$2.93 |
| EGI | $126.6k | $15.07 |
| − OpEx | −$38.0k | −$4.52 |
| NOI | $88.6k | $10.55 |
8,400 SF · lease $18.00/SF/yr · vacancy 16.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.27M
$1.11M – $1.48M
NOI $88,588 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.07M
$1.81M – $2.41M
NOI $144,698 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Southridge Center — 1448 Mendota Rd E, Inver Grove Heights, MN 55077
- Salem Square Shopping Center — 5300 S Robert Trail, Inver Grove Heights, MN 55077
Frequently Asked Questions
What type of property is this?
Shopping center - Seller will master lease the remaining vacant suite in a well-leased neighborhood retail center with long-term tenants.
Where is this shopping center located?
The property is located at 5440-5480 S Robert Trl Inver Grove Heights, MN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Seller will master lease the remaining vacant suite; Well‑leased neighborhood retail center with a mix of credit and local tenants; Many tenants have been at the center for over 10 years
