Property profile

1340 Highway 96 White Bear Lake, MN 55110

OFF-MARKET
Lifestyle centers
8,538 SF
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Property summary

AI-generated overview

Birch Lake Square, located at 1340 Hwy 96 E in White Bear Lake, MN 55110, presents a unique opportunity for retail businesses. This 8,538 square foot shopping center is currently 100% vacant and offers flexible space options. Units range from a minimum of 1,000 square feet to a maximum contiguous space of 3,500 square feet, catering to a variety of business needs. The property boasts a newly completed roof and an upcoming storefront facade renovation, ensuring a modern and attractive appearance. Its prime location on Highway 96 offers excellent visibility and accessibility, benefiting from high traffic volume generated by I-35E and proximity to affluent communities like White Bear Lake, Dellwood, and North Oaks. The center's strategic positioning makes it an ideal location for businesses seeking high visibility and a strong customer base. Furthermore, a pad site is available, presenting a compelling opportunity for a restaurant or similar concept. This revitalized shopping center is poised for significant growth and presents a rare chance to establish a presence in a thriving retail market. Don't miss this chance to be part of Birch Lake Square's exciting transformation.

Property profile

Verified
Property type Lifestyle centers
Total area 8,538 SF

Cap rate & NOI

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

Location

1340 Highway 96 White Bear Lake, MN 55110
White Bear Lake metro
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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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