Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8332 Hwy 7 St Louis Park, MN 55416

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail space in a high-traffic area with strong sales.

    Type:Retail
    Added:
    Mar 7, 2026
    Days on Market:
    46
    Last Refresh:
    Mar 7 at 7:04 pm

    Property Features for 8332 Hwy 7

    General Information

    Standard status
    Active
    Property subtype
    Retail

    We can help!

    Listing Contact
    Tricia Pitchford
    Tricia Pitchford

    Listing agent Tricia Pitchford

    Listing office Mid-America Real Estate-Minnesota LLC

    Listing date Mar 7, 2026

    Source Midamericagrp

    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

    Overview

    Retail Space in Dense Area

    This retail space is situated within a dense trade area characterized by robust retail sales. The location is near a variety of established retailers and restaurants, including Kohl's, TJ Maxx, Nordstrom Rack, DSW, Banana Republic Factory, Chick-fil-A, Ulta, Panera, Caribou Coffee, Cub Foods, Alloy Personal Training, and Noodles & Co.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Louis Park
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.3851688
    Latitude
    44.9372465

    Nearby Similar for Sale

    • $649,900
      1,984 SF

      St Louis Park Office Building

      Office building on Minnetonka Boulevard, suitable for medical or office.
      5020 Minnetonka Blvd , St Louis Park, MN
      View Details
    • $800,000
      3,780 SF

      St. Louis Park Retail Building

      3,780 SF retail building in St. Louis Park, MN for sale.
      4617 Excelsior Blvd, St Louis Park, MN
      View Details
    • $2,000,000
      9,436 SF

      Retail Building For Sale/Lease

      9,436 SF building available for sale or lease.
      7035 Wayzata Blvd, St. Louis Park, MN 55426
      View Details
    • $1,200,000
      5,200 SF

      Excelsior Blvd Retail Opportunity

      Retail property on Excelsior Blvd in St. Louis Park.
      4631 Excelsior Blvd, St Louis Park, MN
      View Details
    • $2,100,000
      11,088 SF

      St. Louis Park Office Building

      Two-story office building with basement in St. Louis Park.
      5501 5501 Excelsior Blvd, St. Louis Park, MN
      View Details
    • Contact for pricing
      23,076 SF

      Industrial Portfolio on Alabama Avenue

      Industrial portfolio available for sale in St Louis Park.
      3978-3990 Alabama Ave S, St Louis Park, MN
      View Details
    • Contact for pricing
      6,249 SF

      St. Louis Park Office Space

      6,250 SF office space in vibrant St. Louis Park.
      4120 Excelsior Blvd, St. Louis Park, MN
      View Details
    • $2,950,000
      15,078 SF

      St. Louis Park Office Building

      High-identity office building with I-394 frontage and on-site parking.
      6311 Wayzata Blvd, St. Louis Park, MN
      View Details
    • Contact for pricing
      94,000 SF

      Retail Redevelopment Opportunity in Minnesota

      9.69 acres available for retail redevelopment in St. Louis Park.
      3700 S Hwy 100, St. Louis Park, MN
      View Details
    • Contact for pricing
      8,114 SF

      Excelsior Blvd Retail Assemblage

      Retail properties for sale on Excelsior Blvd in St. Louis Park.
      4617-4631 Excelsior Blvd, St Louis Park, MN
      View Details
    • $2,576,000
      5,500 SF

      Accessible Warehouse and Office Space

      Warehouse and office suites with dock and drive-in access.
      3260 Gorham Ave, St Louis Park, MN
      View Details
    • Contact for pricing

      Highway 100 Commercial Property

      Commercial property for sale on Highway 100.
      3700 Highway 100, St. Louis Park, MN 55416
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space in a high-traffic area with strong sales.
    Where is this retail space located?
    The property is located at 8332 Hwy 7 St Louis Park, MN.
    What are key features of this property?
    This property features: Located in a dense trade area with very strong retail sales.; Anchored by major retailers: Kohl's, TJ Maxx, Nordstrom Rack, DSW.; Features a diverse mix of popular retailers and restaurants.
    (952) 563-6612
    We can help!
    Listing Contact
    Tricia Pitchford
    Tricia Pitchford
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!