775 53rd St NE | Fridley, MN 55421
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- LoopNet Team
775 53rd St NE
Fridley, MN 55421
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Newly constructed 10 year lease with four 5-year renewal options.
- Ideally located on Central Ave NE (28,500 VPD) and 53rd Ave NE (11,500 VPD).
- Dollar Tree Stores, Inc has an BBB S&P Rating and operates 15,000+ locations making it the largest single-price point retailer in North America.
- Excellent location on an outlot to Super Target, across the street from a 167,000 square foot Menards and near Medtronic Corporate Headquarters.
- It is also in close proximity to an I-694 on/exit ramp where traffic counts average 143,000 vehicles daily.
- Excellent demographics with a population of 101,425 and average household income of $83,127 within a 3-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,700 SF
Building Class
C
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.67 AC
Parking
41 Spaces (4.71 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 23-30-24-44-0006 | Improvements Assessment | $1,722,085 |
| Land Assessment | $312,467 | Total Assessment | $2,034,553 |
PROPERTY TAXES
Parcel Number
23-30-24-44-0006
Land Assessment
$312,467
Improvements Assessment
$1,722,085
Total Assessment
$2,034,553
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