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Mall of America Former Sears 2000 N E Ct 188,000 SF 100% Leased Retail Building Bloomington, MN 55425 For Sale

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INVESTMENT HIGHLIGHTS

  • Prime Location within Mall of America | 18M Annual Visitors | 500 Stores | 5.6M SF Super-Regional Mall
  • Retail Center of Gravity | Desirable location and proximity to the major interstate and airport make it a vibrant destination for travelers
  • The former Sears at Mall of America is being offered without an asking price on an “as-is” basis
  • Flexible Zoning Use and Ordinances | Allow for a wide variety of uses that can benefit the investor through its flexibility and range of options
  • Expansive and Desirable Trade Area Demos | Traffic draws from a wide and expansive trade area with a population of 1.45 million
  • Leasehold Interest Only

EXECUTIVE SUMMARY

CBRE is pleased to present, as the exclusive advisor, the opportunity to acquire the leasehold interest for the former Sears at Mall of America. The leasehold interest extends through 2032, with six additional 10-year renewal options available—offering a future owner or occupier long-term stability and control over the premises. The Property is located on 2.24 acres of land with excellent frontage and visibility within one of the most trafficked retail destinations in the world, Mall of America. The Mall experienced nearly 19M visits in 2024 and is ranked 5th nationwide according to placer.ai data. The vacant building presents a tremendous opportunity for future investors to acquire and re-tenant the existing building or for an owner/user to reimagine their space for their desired use.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
188,000 SF
Year Built
1991
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.93
Lot Size
2.24 AC
Opportunity Zone
Yes
Zoning
CX-2 - High Intensity Mixed Use (CX-2) District
Parking
846 Spaces (4.5 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

Buffalo Wild Wings
Cantina Laredo
Johnny Rockets
Caribou Coffee
TGI Fridays
IHOP
Chevys Fresh Mex
Starbucks
Nespresso
Capital One

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-027-24-24-0005
Land Assessment
$11,013,322 CAD
Improvements Assessment
$890,839 CAD
Total Assessment
$11,904,161 CAD
  • Listing ID: 38520211

  • Date on Market: 2025-11-20

  • Last Updated:

  • Address: 2000 N E Ct, Bloomington, MN 55425

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