Property profile

398 Northtown Dr Blaine, MN 55434

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

Northtown Mall presents a unique opportunity for retailers seeking prominent space in the thriving Blaine, Minnesota market. This successful shopping center, boasting new ownership, enjoys a significant consumer draw from surrounding suburbs due to its strategic location at the intersection of Highway 10 and Highway 47/University Avenue, just south of Highway 610. The mall features a convenient circular drive and ample parking, ensuring easy access for customers. Currently, there are three available spaces ranging from 6,240 to 63,788 contiguous square feet, offering flexibility for various retail concepts. The mall comprises a total of 110 suites. The property benefits from exceptional visibility from both highways, enhanced by prominent mall signage and pad sites. A strong national tenant lineup anchors the center, including Burlington, Hobby Lobby, Becker Furniture and Outlet, Best Buy Mobile, Famous Footwear, Helzberg Diamonds, Victoria's Secret/Pink, and many other established retailers. This combination of high traffic, strong anchors, and available space makes Northtown Mall an ideal location for businesses seeking significant growth potential in a bustling retail environment. The total vacant space is 63,788 square feet. Minimum divisible space is 6,240 square feet.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Location

398 Northtown Dr Blaine, MN 55434
Blaine 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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