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Retail Space in Strip Center
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611 44th Avenue W #3, Alexandria, MN 56308

Business/commercial-zoned space is near I-94 Exit 103 and neighboring retail destinations.

Space Size1,376 SF - 2,752 SF
Property Size4,992 SF
Days on Market5

Property Features for 611 44th Avenue W #3

General Information

Standard status Active
Size 1,376 SF - 2,752 SF
Net Rentable 1,376 SF
Zoning Business/Commercial
Lease Type NNN

Space & Availability

Available Space 1,376-2,752 SF
Contiguous Space 2,752 SF
Divisible Yes
Available From Immediate

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $19,928

Building Details

Building Size 4,992 SF
Year Built 2022
Units 3
Listing Agency: ORB Real Estate
Listed By: David L Johnson · License #40422876
Source: Getyoumoved
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 2:24PM

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 ORB Real Estate

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Investment Insights

Based on property information with market context.

Retail space is available in a strip center completed in 2022. The offering includes 2,752 square feet, with the option to divide it into two 1,376-square-foot spaces. Zoning is Business/Commercial.

The property is on Highway 29, north of I-94 Exit 103. Starbucks is next door, and a Walmart driveway is across the street.

Key Highlights

  • 2,752 square feet available, divisible into two 1,376‑square‑foot spaces
  • Strip center built in 2022
  • On Highway 29, north of I‑94 Exit 103

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service HVAC Service Plumbing Service (Bike/Boat/Book/etc) 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

22
Businesses Nearby

Demographics for 56308, MN

26,391
Population
14,350
Households
1.8
Avg Household Size
44
Median Age
33%
College-Educated
96%
High-School Grad
155.9 sq mi
ZIP Area
169
Density / Sq Mi
$76,831
Median Household Income
$43,999
Median Earnings
$921
Median Rent
$307,600
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

Frequently Asked Questions

What type of property is this?
Retail space - Business/commercial-zoned space is near I-94 Exit 103 and neighboring retail destinations.
Where is this retail space located?
The property is located at 611 44th Avenue W #3 Alexandria, MN.
What are key features of this property?
This property features: 2,752 square feet available, divisible into two 1,376‑square‑foot spaces; Strip center built in 2022; On Highway 29, north of I‑94 Exit 103
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