Property profile

2703 Winnetka Ave Minneapolis, MN 55427

OFF-MARKET
Neighborhood centers
50,830 SF
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Property summary

AI-generated overview

Midland Shopping Center, a 50,830 square foot retail strip center, presents a compelling investment opportunity in Minneapolis, Minnesota. Located at 2703 Winnetka Ave N, zip code 55427, this well-established center boasts 474 parking spaces and sits on a generous 7.8-acre lot. Currently, there are two available spaces ranging from 1,000 to 1,810 square feet, totaling 1,810 square feet of vacant space. The center is situated in a thriving commercial area with convenient access to major transportation routes, ensuring high visibility and accessibility for businesses. Its existing tenant mix creates a strong synergy and draws significant foot traffic. This property offers a unique chance to establish a presence in a bustling Minneapolis neighborhood, benefiting from the established commercial activity and convenient location. The property's size and ample parking provide significant advantages for potential tenants seeking a prominent retail space. The available spaces are ideal for a variety of retail uses, offering flexibility for prospective businesses. This is a rare opportunity to secure retail space in a high-traffic, well-established commercial area of Minneapolis.

Property profile

Verified
Property type Neighborhood centers
Total area 50,830 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2703 Winnetka Ave Minneapolis, MN 55427
Minneapolis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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