Featured Property:

Little Canada Mall, 78-80 Minnesota Avenue, Little Canada, MN 55117. AVAILABLE FOR SALE OR LEASE. CLICK IMAGE FOR ADDITIONAL INFORMATION. Excellent owner-occupant/investor opportunity w/existing occupancy & cash flow in place.  Current cap rate of 5% with 61% occupancy, potential cap rate of 13%.  Great neighborhood retail bldg located off of Rice St & Hwy 36 near 35E directly across from LA Fitness.  Approximately 142 parking spaces, 4:1,000 ratio.  Economical rates, flexible uses, well maintained facility.  Ste A is in vanilla shell condition & Stes B & C are built out as a professional office.  Ste D has a great glass line, private restroom, & was a children’s therapy space.  Spaces have 10’ high ceilings and can be combined into one suite.  Signage includes building signage, entrance pylon sign, & pylon sign on Hwy 36.  Good tenant mix w/Sherwin Williams, Austin Reid Hair Studio, Hub Hobby, + others.  Traffic counts: 18,800 on Rice St, 64,000 on 36, & 5,500 on MN Ave (2010, MNDOT).  Demographics:  9,033 – 1 mile, 94,568 – 3 miles, 284,332 – 5 miles (2011 ESRI).