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Property summary
This exceptional investment opportunity presents a fee-simple interest in a 30,499 square foot, single-tenant retail property leased to Sky Zone Trampoline Park. Located in Blaine, Minnesota, this property boasts a prime location as an outparcel to the Northtown Mall, a premier shopping destination in the Minneapolis-St. Paul metropolitan area. The property benefits from high visibility at the signalized intersection of Highway 47 (31,500 vehicles per day) and 85th Ave NW (15,600 vehicles per… day). The lease is a gross lease with a corporate guarantee, providing significant security. The current lease term extends to March 31, 2028, with 3.4 years remaining, and includes two five-year renewal options. A 4.66% rent increase is scheduled for April 1, 2026. The property features a newer roof (2019 TPO replacement) and enjoys excellent access to major highways, including Highway 65, Highway 47, and US-10. The surrounding area demonstrates strong demographics, with a population exceeding 225,000 and over 83,000 households within a five-mile radius, boasting an average household income of $106,000. The property's location within a bustling retail corridor, anchored by national retailers such as Walmart, Target, and Sam's Club, further enhances its value. The asking price is $3,890,000, representing a cap rate of 8.50% and a price per square foot of $127.55. The Net Operating Income (NOI) is $330,668. The property sits on a two-acre lot and consists of one building. This is a rare opportunity to acquire a high-performing, well-located retail asset with a strong tenant and significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
8 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 30,499 SF
- Lot area
- 2 ac
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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