15730 Emperor Ave, Apple Valley, MN 55124-4431

This exceptional 8,508 square foot retail property in Apple Valley, Minnesota, presents a compelling investment opportunity. Boasting a 6.75% cap rate and a strong NOI of $286,114, this fully occupied, three-tenant strip center offers immediate cash flow. Anchored by Caribou Coffee, Discover Strength, and CLOVR Life Spa, the property benefits from a diverse tenant mix with long-term leases extending to 2029, ensuring stability and predictable income. Built in 2019 on a 0.71-acre lot, the center is strategically located near major retailers such as Target, CVS, and Chipotle, ensuring high visibility and foot traffic. The thriving Apple Valley community, with a population exceeding 162,050 within a five-mile radius and a daytime population exceeding 110,000, provides a robust customer base. The property's proximity to major transportation arteries, including Interstates 35E and 494, enhances accessibility. This investment is further strengthened by the influx of new apartment and mixed-use developments in the area, contributing to increased retail demand. The property's strong tenant base, favorable lease terms, and prime location make it an ideal addition to any investment portfolio. The asking price is $4,240,000.