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    77-41 85 Ave Coon Rapids, MN 55433

    Sponsored
    For Lease
    Contact for pricing

    Coon Rapids Retail Space Available

    Lot size:
    71,047 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Springbrook Mall, a 71,047 square foot retail strip center, presents a prime investment opportunity in Coon Rapids, Minnesota. This multi-tenant property boasts a desirable location within the Northtown Regional Mall retail corridor, benefiting from high traffic counts of 21,100 vehicles per day (VPD) on Highway 47 and 16,100 VPD on 85th Avenue NW. The property sits on a spacious 9.86-acre lot and offers ample parking with 556 spaces. Currently, there are 1,948 square feet of vacant space available, with individual units ranging from 1,948 to 3,263 square feet, providing flexibility for various retail businesses. The property's address is 77-41 85th Ave NW, Minneapolis, MN 55433, situated in Hennepin County. This established retail center offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and strong brand exposure. The property's strategic location along Highway 10 and University Avenue ensures significant daily traffic flow, providing a substantial customer base for potential tenants. The available space presents a unique chance to establish or expand a retail presence in a thriving commercial area. The property's size and parking capacity cater to a wide range of retail needs.

    Property Features for 77-41 85 Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    71,047 SF

    Unit(s) available at that property

    Space
    Unit 10
    Size
    1,948 SF
    Space
    Unit 5
    Size
    2,387 SF
    Space
    Unit 7
    Size
    2,000 SF
    Space
    Unit 6
    Size
    3,263 SF

    HighLights

    • Multiple suites available, see site plan.
    • 71,047 square foot retail center.
    • Excellent location in Northtown Regional Mall retail corridor, at Hwy 10 and University Ave.
    • High traffic counts: 21,100 vehicles per day (VPD) on Hwy 47 and 16,100 VPD on 85th Ave.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Coon Rapids
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2693098
    Latitude
    45.1265394

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    FAQs

    What type of property is this?
    Neighborhood center - Coon Rapids Retail Space Available
    Where is this neighborhood center located?
    The property is located at 77-41 85 Ave Coon Rapids, MN.
    What are key features of this property?
    This property features: Multiple suites available, see site plan.; 71,047 square foot retail center.; Excellent location in Northtown Regional Mall retail corridor, at Hwy 10 and University Ave.
    Request Owner's contact information
    77-41 85 Ave Coon Rapids, MN 55433
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    Coon Rapids, MN 55433
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    Realmo Value Estimation

    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.

    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.

    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
    77-41 85 Ave Coon Rapids, MN 55433
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