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2680-2688 Rice St
Little Canada, MN 55117
Little Canada Plaza · Retail Property For Sale
Investment Highlights
- The Property is 100% occupied
- Strong tenant mix with long-term tenancy and commitment to the center
- Trade area population of 87,000 within a three-mile radius
- Tenants include: Anytime Fitness, Mail n Ship, Great Nails, Playmakers Barber Shop, Three Stars and Valvoline Instant Oil Change
Executive Summary
Little Canada Plaza is located in Little Canada, Minnesota, an established inner-ring suburb within the Minneapolis–St. Paul metropolitan area. The location provides
convenient access to both downtown Minneapolis and downtown St. Paul as well as the broader Twin Cities employment base via Interstate 35E, Interstate 694 and Highway 36.
convenient access to both downtown Minneapolis and downtown St. Paul as well as the broader Twin Cities employment base via Interstate 35E, Interstate 694 and Highway 36.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
13,452 SF
Building Class
B
Year Built
1987
Price
$3,428,936 CAD
Price Per SF
$254.90 CAD
Cap Rate
7.30%
NOI
$250,313 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.44 AC
Zoning
B-3
Parking
80 Spaces (6.66 Spaces per 1,000 SF Leased)
Frontage
223’ on Rice St
Amenities
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,868,900 CAD | |
| Land Assessment | $1,568,613 CAD | Total Assessment | $6,437,514 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,568,613 CAD
Improvements Assessment
$4,868,900 CAD
Total Assessment
$6,437,514 CAD
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