Property profile

9041 Broderick Blvd Inver Grove Heights, MN 55076

FOR LEASE
Strip malls
Property ID
US46-0863772
9,000 SF 1.19 ac lot Built 2000
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail storefront opportunity is located within the Arbor Pointe Commons in Inver Grove Heights, Minnesota. The space, totaling 1,660 contiguous square feet, is immediately available and presents a fantastic chance for a business seeking a high-visibility location. The property is zoned PUD (Planned Unit Development) and features a total building size of 5,377 square feet, with multiple tenancies. The address is 9041 Broderick Blvd, Inver Grove Heights, MN 55076, situated in Dakota County. The minimum divisible space is 1,660 square feet, matching the maximum contiguous space currently available. This end-cap space offers excellent visibility and accessibility. The net lease rate is $17 per square foot, with a CAM and tax rate of $11 per square foot. Further rate details, floor plans, and additional information are available upon request. The property's APN is 20-11861-01-020. This is an ideal location for a variety of retail businesses seeking a strong presence in a thriving community. Don't miss this chance to secure a prime retail space in a desirable area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2000
Construction CONCRETE
Total area 9,000 SF
Lot 1.19 ac (51,836 SF)
APN 20-11861-01-020
UPID US46-0863772

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9041 Broderick Blvd Inver Grove Heights, MN 55076
Inver Grove Heights metro Census 60509 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$875k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$885k

Owner & transaction history

since 2022
Last sale
$1.0M
7 recorded transactions
2025
Price N/A
2025
Price N/A
2022
$1.0M
2019
$500
2018
Price N/A
2018
Price N/A
2017
$850,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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