Property profile

5870 Blaine Ave Inver Grove Heights, MN 55076

OFF-MARKET
Retail properties & Spaces
45,000 SF
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Property summary

AI-generated overview

This exceptional retail space, located within the bustling Inver Grove Market Place, presents a unique opportunity for a discerning business owner. Formerly occupied by a Fantastic Sams salon, this 1,420 square foot unit is immediately available and comes equipped with existing salon equipment, representing significant cost savings for a new tenant. The space is part of a larger retail center totaling 45,000 square feet, ensuring high visibility and foot traffic. The multiple tenancy structure of the building fosters a vibrant and diverse shopping environment, attracting a broad customer base. The space's layout is well-suited for a hair salon or similar business, offering ample room for styling stations, a reception area, and potentially a retail section. Its ready-to-use condition minimizes upfront investment and allows for a quick and efficient start-up. The convenient location within Inver Grove Market Place provides easy access for customers and excellent visibility from major thoroughfares. This is an exceptional opportunity to establish or expand a thriving business in a prime retail location with existing infrastructure in place. The minimum divisible space is 1,420 square feet, making it ideal for a single-unit operation or a smaller multi-unit business. Serious inquiries are encouraged to explore this turnkey retail opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 45,000 SF

Cap rate & NOI

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

Location

5870 Blaine Ave Inver Grove Heights, MN 55076
Inver Grove Heights 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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