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    OFF-MARKET
    Retail properties & Spaces

    5870 Blaine Ave, Inver Grove Heights, MN 55076

    45,000 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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