3052 65Th St Inver Grove Heights, MN 55076

This exceptional investment opportunity presents the Village Crossing Square Shopping Center, a 10,488 square foot multi-tenant retail property located at 3052 65th St E, Inver Grove Heights, Minnesota 55076. Built in 1985, this shopping center boasts 100% occupancy with six long-term tenants, generating a substantial Net Operating Income (NOI) of $152,296. The asking price is $1,791,357, representing a compelling capitalization rate of 8.5% and a price per square foot of $170.80. The property is in excellent condition and benefits from professional property management, ensuring a streamlined and efficient ownership experience. This NNN-leased property offers a stable and attractive return on investment for discerning buyers seeking a well-established, fully occupied retail center in a desirable Minnesota location. The property's strong tenant base and consistent cash flow make it an ideal addition to any portfolio. This is a turnkey investment opportunity with minimal vacancy risk and significant upside potential. All financial information is based on current data.