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4100 9th Ave W
Hibbing, MN 55746
Hibbing Marketplace · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Walmart & Lowes shadowed anchor
- Highly visible with unobstructed site line from all directions
- Sales Price – Contact Broker
- Limited retail competition within the area which decrease vacancy risk and increases leasing activity
- Opportunity to acquire the adjacent center – 100% occupied, 19,643 SF, NOI $225,567
EXECUTIVE SUMMARY
100% occupied multi-Tenant retail for Sale – 16,761 SF
Walmart & Lowes shadowed anchor
Diverse tenant mix of retail, medical and service-oriented tenants including Caribou Coffee, Shopko Optical, First American Title, First American and Range Spine Center
Limited retail competition within the area which decrease vacancy risk and increases leasing activity
Highly visible with unobstructed site line from all directions
Opportunity to acquire the adjacent center – 100% occupied, 19,643 SF, NOI $225,567
NOI - $267,151, with all NNN Leases
Sales Price – Contact Broker
Walmart & Lowes shadowed anchor
Diverse tenant mix of retail, medical and service-oriented tenants including Caribou Coffee, Shopko Optical, First American Title, First American and Range Spine Center
Limited retail competition within the area which decrease vacancy risk and increases leasing activity
Highly visible with unobstructed site line from all directions
Opportunity to acquire the adjacent center – 100% occupied, 19,643 SF, NOI $225,567
NOI - $267,151, with all NNN Leases
Sales Price – Contact Broker
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
16,583 SF
Building Class
B
Year Built
2005
NOI
$367,498 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
3.00 AC
Zoning
General Retail
Parking
87 Spaces (5.25 Spaces per 1,000 SF Leased)
Frontage
484’ on 41st Street West
PROPERTY TAXES
| Parcel Number | 139005004768 | Improvements Assessment | $1,154,119 CAD |
| Land Assessment | $150,772 CAD | Total Assessment | $1,304,891 CAD |
PROPERTY TAXES
Parcel Number
139005004768
Land Assessment
$150,772 CAD
Improvements Assessment
$1,154,119 CAD
Total Assessment
$1,304,891 CAD
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