6200 56th N Ave Crystal, MN 55429-3170
Crystal Crossing offers 5,000 square feet of retail space in a highly visible location at the northwest corner of a major intersection in the Crystal/New Hope area of Hennepin County, Minnesota. Built in 1970, this multi-tenant property boasts a strong existing tenant mix, including a well-established daycare and liquor store, ensuring consistent foot traffic and a vibrant atmosphere. The property benefits from exceptional visibility from Highway 81, a major thoroughfare with nearly 30,000 vehicles passing daily, providing unparalleled exposure for your business. This prime retail space presents a unique opportunity to establish or expand your presence in a thriving community. The 5,000 square feet of vacant space offers significant potential for a variety of retail uses, capitalizing on the high volume of traffic and the existing synergy with complementary businesses. The location's strategic placement at the most trafficked corner in the Crystal/New Hope area guarantees maximum visibility and accessibility for customers. This is an exceptional opportunity to secure a prominent retail space in a well-established and high-traffic location. The property's existing tenants contribute to a bustling and successful commercial environment, creating a supportive and thriving business community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.