Share This Listing

Message

908 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Minneapolis MSA -±$3M in Sales - Rental Incrs 3913 W Old Shakopee Rd 15,618 SF Retail Building Bloomington, MN 55437 $8,617,883 CAD ($551.79 CAD/SF) 8.75% Cap Rate

Drug Stores Minnesota 3913 W Old Shakopee Rd, Bloomington, MN 55437

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • The lease calls for five 10-year options, with rental increases every 10 years.
  • Within a 5 mi and 10 mi radius there is approximately 75k residents and 175k residents. Average HH incomes range from $70k to $80k in a 5 mi radius.
  • Over 10.6 million square feet of existing industrial space is within 3 miles of the property, with a vacancy rate under 3%.
  • Walgreens has a history of strong front end sales and is reporting volumes of approximately $3M.
  • The property is the only Walgreens property inside the I-35W, HWY 13 W, and HWY 169 freeway loop in West Bloomington, for over 3.5 miles.
  • The property is situated at the signalized hard corner of W Old Shakopee Rd and France Ave S, with over 37,000 vehicles per day.

EXECUTIVE SUMMARY

Listed in conjunction with Brian Brockman, Bang Realty Inc, 513-898-1551, wg@bangrealty.com, MN DRE Lic. 40628602.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,618 SF
Building Class
B
Year Built
2008
Price
$8,617,883 CAD
Price Per SF
$551.79 CAD
Cap Rate
8.75%
NOI
$754,065 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
1.18 AC
Zoning
Commercial
Parking
40 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
170’ on W Old Shakopee Rd

AMENITIES

  • Signage

LINKS

1 1
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Caribou Coffee
Chase
Cub Foods
Planet Fitness
Anytime Fitness
Lunds & Byerlys
U.S. Bank

PROPERTY TAXES

Parcel Number 19-027-24-41-0031 Improvements Assessment $3,697,987 CAD
Land Assessment $1,237,363 CAD Total Assessment $4,935,350 CAD

PROPERTY TAXES

Parcel Number
19-027-24-41-0031
Land Assessment
$1,237,363 CAD
Improvements Assessment
$3,697,987 CAD
Total Assessment
$4,935,350 CAD
(619) 297-0055 x302

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 35831151

  • Date on Market: 2025-05-12

  • Last Updated:

  • Address: 3913 W Old Shakopee Rd, Bloomington, MN 55437

The Bloomington West Retail Property at 3913 W Old Shakopee Rd, Bloomington, MN 55437 is currently available. Contact Pharma Property Group- Drugstore Specialists for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
3913 W Old Shakopee Rd, Bloomington, MN for sale Building Photo- Image 1 of 3
Building Photo
3913 W Old Shakopee Rd, Bloomington, MN for sale Building Photo- Image 2 of 3
Building Photo
1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Minneapolis MSA -±$3M in Sales - Rental Incrs | 3913 W Old Shakopee Rd
(619) 297-0055 x 302

Minneapolis MSA -±$3M in Sales - Rental Incrs | 3913 W Old Shakopee Rd

Jason Pongsrikul
(619) 297-0055 x302

Chris Barry
(619) 297-0055 x305

Already a member? Log In

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.