Property summary
This exceptional 7,486 square foot retail shopping center in Saint Paul, Minnesota, presents a compelling investment opportunity. Currently 100% occupied by The Original Mattress Factory, National Karate, and Smokey's Tobacco & Vape, the property boasts a strong NOI of $166,317 and a 7.50% cap rate. Built in 1996, this multi-tenant property sits on a 1.059-acre lot and benefits from high visibility and traffic counts averaging 15,000 vehicles daily on Tamarack Road and 29,000 vehicles daily… on Radio Drive. Its strategic location offers convenient access to I-94 and I-494, placing it within easy reach of a large customer base. The property enjoys a prime location near Tamarack Village, a thriving shopping center exceeding 800,000 square feet with over 60 stores and restaurants. This area is densely populated with major retailers including Whole Foods, The Home Depot, PetSmart, Bed Bath & Beyond, Dick's Sporting Goods, Sierra, Cabela's, ALDI, Cub Foods, and more. The surrounding area demonstrates strong demographics, with a population of 160,867 and an average household income of $137,161 within a 5-mile radius. The asking price is $2,217,560, and the current leases have two years remaining. This property offers a stable income stream and significant potential for long-term growth in a highly desirable retail corridor.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included 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
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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 signals that 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.
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- Alternative use
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