Property profile

3700 Highway 100 St. Louis Park, MN 55416

OFF-MARKET
Lifestyle centers
30,000 SF 9.69 ac lot
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Property summary

AI-generated overview

This exceptional retail property, located at 3700 Highway 100 in St. Louis Park, Minnesota, presents a unique investment opportunity. Situated on a substantial 9.69-acre lot within the burgeoning Wooddale Transit Oriented Corridor, this shopping center offers significant potential. The existing building boasts a flexible footprint, with space ranging from 30,000 to 94,000 square feet, adaptable to a variety of retail uses. The property is zoned O-Office, providing versatility for potential tenants. Its prime location in Hennepin County, with a 55416 zip code, ensures high visibility and accessibility. The property's strategic placement within the Wooddale Transit Oriented Corridor promises increased foot traffic and enhanced connectivity. Annual real estate taxes are $418,127. This is an ideal opportunity for investors seeking a well-positioned retail asset with substantial growth potential in a thriving Minnesota market. The expansive lot size allows for future expansion or redevelopment, further enhancing its long-term value. Contact us today to explore this remarkable investment opportunity.

Property profile

Verified
Property type Lifestyle centers
Total area 30,000 SF
Lot 9.69 ac (422,096 SF)

Cap rate & NOI

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

Location

3700 Highway 100 St. Louis Park, MN 55416
St. Louis Park metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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