Entity Owned Property summary
This exceptional investment opportunity presents a 25,460-square-foot, single-story shopping center in Otsego, Minnesota. Built in 2008, the property boasts a 100% occupancy rate with a diverse mix of strong tenants, ensuring a stable income stream. The center benefits from a prominent location, shadow-anchored by a SuperTarget, driving significant foot traffic and visibility. Key tenants include national credit tenants like Michael's Craft Stores, along with established local businesses… such as Smile Orthodontics, Great Clips, Artura Dental, and Napa Valley Liquors. The property operates under a triple-net (NNN) lease structure, minimizing landlord responsibilities. With a stabilized investment profile and a compelling 7.50% capitalization rate, this shopping center represents a rare opportunity for investors seeking a secure and high-yielding addition to their portfolio. The property is located at 15850 87th St NE, Otsego, MN 55330, in Wright County. The address is easily accessible and situated within a thriving retail corridor. This is a multi-tenant property offering a diversified income stream and long-term growth potential. The property's strong tenant roster and prime location make it an attractive investment for both seasoned and emerging investors. The single-building structure simplifies management and maintenance, further enhancing its appeal. This is a turnkey investment ready to generate immediate returns.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
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
2 recorded sales · 10 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 24,376 SF
- Lot area
- 6.09 ac
- Year built
- 2008
- APN
- 118-239-001030
- Assessed value · 2023
- $1,345,400
- Annual tax · 2023
- $21,183
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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.
The mortgage data is behind the paid report: 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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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