6002 Excelsior Blvd St Louis Park, MN 55416-5378
Property summary
This exceptional retail investment opportunity presents a fully occupied, 7,490 square foot multi-tenant building situated on a 0.17-acre lot at 6002 Excelsior Boulevard in Golden Valley, Minnesota, zip code 55416. The property boasts a desirable location in Hennepin County, offering high visibility and traffic. Currently generating a substantial net operating income (NOI) of $91,443, this property commands an attractive asking price of $1,250,000, representing a compelling 10.60% capitalization rate and a price per square foot of $166.67. The single-story building provides ample parking with 12 spaces available for tenants and customers. Beyond the strong rental income from multiple tenants, the property also benefits from additional income generated by a billboard. This turnkey investment is ideal for those seeking a stable, high-return commercial property with significant upside potential. The property's prime location and strong tenant occupancy make it a truly exceptional opportunity in the competitive St. Louis Park market.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
-
(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
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.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.