Property profile

10731-10881 University Ave Blaine, MN 55434

OFF-MARKET
Retail properties & Spaces
105,561 SF
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Property summary

AI-generated overview

Oak Park Plaza, a thriving grocery-anchored shopping center, presents a unique opportunity for retail businesses. Strategically located approximately 12 miles north of downtown Minneapolis in Anoka County, this property boasts 105,561 square feet of retail space. Recent renovations have significantly enhanced the center's appeal, featuring a newly constructed Cub Foods store, along with upgraded landscaping, lighting, and parking. The center is anchored by a strong mix of national and regional tenants, including Frattallone's Hardware Store, AnyTime Fitness, Star Liquors, Great Clips, Pet Supplies Plus, Marco's Pizza, and Subway. Spaces range from a minimum of 1,066 square feet to a maximum contiguous space of 4,280 square feet, with 1,784 square feet currently vacant. This prime location benefits from a dense population base, with over 78,000 people residing within a 3-mile radius, exhibiting an average household income exceeding $88,000. This translates to a high-traffic, consumer-rich environment ideal for businesses seeking strong visibility and a robust customer base. The property offers multiple tenancy options, making it suitable for a variety of retail concepts. Contact us today to explore the available spaces and discover the potential of Oak Park Plaza.

Property profile

Verified
Property type Retail properties & Spaces
Total area 105,561 SF

Cap rate & NOI

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

Location

10731-10881 University Ave Blaine, MN 55434
Blaine metro
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Value estimations

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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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