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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
Building Class
B
Year Built
1991
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.92
Lot Size
2.25 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)
Frontage
754’ on Lindau Lane

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 62,333 SF
  • Retail
  • -
  • 30 Days

Flexible first-floor layout within the former anchor location. The floor plate may be subdivided and supports a variety of retail, entertainment, showroom, or experiential concepts.

  • 2nd Floor
  • 62,333 SF
  • Retail
  • -
  • 30 Days

Second-floor space offers flexible configuration options and may be demised to accommodate multiple occupancy strategies or a single-user layout.

  • 3rd Floor
  • 62,334 SF
  • Retail
  • -
  • 30 Days

Third-floor space provides additional occupancy flexibility and can support a range of interior layouts depending on tenant requirements.

Space Size Space Use Position Available
1st Floor 62,333 SF Retail - 30 Days
2nd Floor 62,333 SF Retail - 30 Days
3rd Floor 62,334 SF Retail - 30 Days

1st Floor

Size
62,333 SF
Space Use
Retail
Position
-
Available
30 Days

2nd Floor

Size
62,333 SF
Space Use
Retail
Position
-
Available
30 Days

3rd Floor

Size
62,334 SF
Space Use
Retail
Position
-
Available
30 Days

1st Floor

Size 62,333 SF
Space Use Retail
Position -
Available 30 Days

Flexible first-floor layout within the former anchor location. The floor plate may be subdivided and supports a variety of retail, entertainment, showroom, or experiential concepts.

2nd Floor

Size 62,333 SF
Space Use Retail
Position -
Available 30 Days

Second-floor space offers flexible configuration options and may be demised to accommodate multiple occupancy strategies or a single-user layout.

3rd Floor

Size 62,334 SF
Space Use Retail
Position -
Available 30 Days

Third-floor space provides additional occupancy flexibility and can support a range of interior layouts depending on tenant requirements.

Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100

Nearby Major Retailers

Caribou Coffee
Starbucks
Nespresso
Capital One
Hooters
Buffalo Wild Wings
Benihana
Great Steak
Johnny Rockets
Cantina Laredo

Property Taxes

Property Taxes

Parcel Number
01-027-24-24-0005
Land Assessment
$10,904,604 CAD
Improvements Assessment
$882,045 CAD
Total Assessment
$11,786,650 CAD
  • Listing ID: 38520211

  • Date on Market: 2025-11-20

  • Last Updated:

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

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