5101 98Th Street Cir Bloomington, MN 55437
- Retail properties
- 140,400 SF
Current Use by Public Records
- Retail properties
Property Details for 5101 98Th Street Cir
- Property size
- 140,400 SF
- Property type
- Retail properties
Description
Normandale Village, located at 5101 98th Street West in Bloomington, Minnesota, 55437, offers exceptional retail opportunities. This Hennepin County property boasts a total of 140,400 square feet of commercial space, with multiple tenancies available. Currently, 6,410 square feet of vacant space is ready for immediate occupancy, divisible into units ranging from a minimum of 1,570 square feet to a maximum contiguous space of 4,840 square feet. The property benefits from a prime location in Bloomington, a thriving suburb just 12 miles south of Minneapolis and home to the Mall of America, a major tourist destination attracting over 40 million visitors annually. This high-traffic area ensures significant exposure for businesses operating within Normandale Village. The center is anchored by Lunds & Byerlys, a well-established and reputable grocery store, further enhancing the property's appeal and drawing a consistent flow of customers. This presents a unique chance to establish a presence in a bustling retail environment with strong existing tenants and a large, established customer base. The flexible space options cater to a variety of business needs, making it an ideal location for both established businesses seeking expansion and new ventures looking for a strong foothold in a high-traffic area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.3472
- Latitude
- 44.8249
