Property profile

12550 Riverdale Blvd Minneapolis, MN 55448

OFF-MARKET
Retail properties & Spaces
44,700 SF
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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

Current use

Occupant on record · Public records
  • Photography Service (Bike/Boat/Book/etc) Store
  • Hair Salon Nail Salon

Location

12550 Riverdale Blvd Minneapolis, MN 55448
Minneapolis metro
Google Maps

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
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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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