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    OFF-MARKET
    Retail properties & Spaces

    12550 Riverdale Blvd, Minneapolis, MN 55448

    44,700 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 44,700 square foot retail space presents a remarkable opportunity in the thriving Riverdale Village shopping center in Coon Rapids, Minnesota. Located at 12550 Riverdale Boulevard, Minneapolis, MN 55448, this single-tenant property boasts a high-profile location within a densely populated area. The space is a former JC Penney, offering a large, adaptable layout ideal for a variety of retail uses. The building features ample parking with 211 spaces available for customers and employees. This prime retail location benefits from exceptional visibility and high traffic counts, situated alongside established national retailers such as Costco, Dick's Sporting Goods, Kohl's, T.J. Maxx, and numerous other popular restaurants and retail businesses. The property is located in Anoka County and offers immediate occupancy for a qualified tenant. The significant square footage and strategic placement within a successful shopping center make this an unparalleled opportunity for a business seeking substantial growth and high visibility in the Minneapolis market. This is a sublease opportunity for a large-format retail tenant. The property is fully vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. Contact us today to learn more about this exceptional retail opportunity.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 44,700 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • JCPenney Portraits Photography Service (Bike/Boat/Book/etc) Store
    • JCPenney Salon Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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