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Retail Space Near I-494
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8078 Morgan Circle South, Bloomington, MN 55431

6,000 SF retail space with high visibility and access.

Property Size6,000 SF
Days on Market147

Property Features for 8078 Morgan Circle South

General Information

Standard status Active
Size 6,000 SF
Property subtype Retail
Listing Agency: Mid-America Real Estate-Minnesota LLC
Listed By: Brady Whalen
Source: Midamericagrp
Added: Mar 7 Changed: Jul 10 Last Checked: Jul 31 at 3:33AM

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 Mid-America Real Estate-Minnesota LLC

Investment Insights

Based on property information with market context.

This 6,000 SF retail space is located at 8078 Morgan Circle South, just off the intersection of I-494 and Penn Avenue. The property benefits from excellent visibility, convenient access, and ample parking. Situated in a strong retail corridor near Southtown Shopping Center, it is also minutes from the Mall of America and MSP Airport. The location is ideal for service, medical, or destination retail users seeking a central Bloomington location with strong demographics and steady commuter flow. Easy highway access and nearby transit connections make this a strategic option for businesses looking to serve both local residents and regional customers.

Key Highlights

  • Excellent visibility just off I‑494 and Penn Avenue.
  • Convenient access and ample parking.
  • Strong retail corridor location near Southtown Shopping Center.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Garden Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,014
Businesses Nearby
562k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 29% Dining 29% Superstores 19% Shops & Services 16%
Target Superstores
108,146 visits/mo 0.4 miles
Chick-fil-A Dining
64,440 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
62,367 visits/mo 0.4 miles
T.J. Maxx Apparel
57,640 visits/mo 0.2 miles
Kohl's Apparel
45,858 visits/mo 0.3 miles

Demographics for 55431, MN

19,767
Population
8,483
Households
2.3
Avg Household Size
43
Median Age
48%
College-Educated
94%
High-School Grad
7.8 sq mi
ZIP Area
2,534
Density / Sq Mi
$103,125
Median Household Income
$55,545
Median Earnings
$1,704
Median Rent
$354,300
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 - 6,000 SF retail space with high visibility and access.
Where is this retail space located?
The property is located at 8078 Morgan Circle South Bloomington, MN.
What are key features of this property?
This property features: Excellent visibility just off I‑494 and Penn Avenue.; Convenient access and ample parking.; Strong retail corridor location near Southtown Shopping Center.
More about this property
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