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Property profile & analytics
OFF-MARKET
Restaurants

11040 Cedar Lake Rd Hopkins, MN 55305

12,113 SF Built 1985
Property ID
Property summary
AI-generated overview

This exceptional restaurant opportunity is located within the Cedar Hills Shopping Center at 11040 Cedar Lake Rd, Hopkins, MN 55305. The property, built in 1985 and renovated in 2005, offers a single-story building totaling 12,113 square feet, currently divided into two suites. A significant 3,042 square feet of contiguous space is immediately available, with a minimum divisible space of 1,495 square feet. This presents a flexible layout ideal for a variety of restaurant concepts. The property boasts ample parking with 60 spaces available for patrons and staff. Located in Hennepin County, this high-traffic location benefits from excellent visibility and accessibility. The property's annual taxes are $5.22 per square foot. This is a rare chance to establish or expand a restaurant business in a well-established shopping center with a proven track record. The existing infrastructure provides a solid foundation for a successful venture. The convenient location and ample parking ensure a positive customer experience. Don't miss this opportunity to secure a prime restaurant space in a thriving community.

Property profile
Verified
Property type Restaurants
Year built 1985
Total area 12,113 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
  • Leslie Goldblatt, DVM Veterinary Clinic
  • Heidi Blackburn, DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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