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7781 Amana Trl
Inver Grove Heights, MN 55077
Argenta Hills Outlot · Retail Property For Sale
Investment Highlights
- 100% leased multi-tenant retail center with stabilized cash flow.
- Located in a high-growth trade area in Inver Grove Heights, part of the Southern Twin Cities market.
- Affluent consumer base with household incomes averaging over $113,000 in the surrounding 5-mile radius.
- Shadow-anchored by Target, ensuring consistent foot traffic and visibility.
- Direct access to Highway 55 and South Robert Trail with strong traffic counts exceeding 23,000 vehicles daily.
- Stable tenant mix focused on essential services, offering recession-resistant attributes.
Executive Summary
Argenta Hills Outlot presents an attractive investment opportunity in the thriving Twin Cities metro area. This stabilized, multi-tenant retail property offers 100% occupancy and a diversified rent roll anchored by essential service providers in dining, health, and wellness. Positioned within the Argenta Hills development and shadow-anchored by a high-traffic Target store, the building benefits from exceptional consumer draw and e-commerce resilience.
The property serves an affluent and expanding trade area with average household incomes exceeding $113,000 within five miles, supported by one of Minnesota’s strongest growth corridors. Convenient accessibility from Highway 55 and Robert Trail delivers high visibility and daily traffic counts surpassing 23,000 vehicles per day.
Proximity to major employers such as CHS Inc., Thomson Reuters, Ecolab, and the Minnesota Vikings headquarters strengthens daytime traffic and consumer demand. Purpose-built for stability, the existing tenant mix focuses on daily necessity-based services, ensuring steady performance through economic cycles. With its proven cash flow, desirable location, and long-term growth dynamics, this property is strategically positioned for consistent income generation and value appreciation.
The property serves an affluent and expanding trade area with average household incomes exceeding $113,000 within five miles, supported by one of Minnesota’s strongest growth corridors. Convenient accessibility from Highway 55 and Robert Trail delivers high visibility and daily traffic counts surpassing 23,000 vehicles per day.
Proximity to major employers such as CHS Inc., Thomson Reuters, Ecolab, and the Minnesota Vikings headquarters strengthens daytime traffic and consumer demand. Purpose-built for stability, the existing tenant mix focuses on daily necessity-based services, ensuring steady performance through economic cycles. With its proven cash flow, desirable location, and long-term growth dynamics, this property is strategically positioned for consistent income generation and value appreciation.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,160 SF
Building Class
B
Year Built
2012
Price
$3,504,825 CAD
Price Per SF
$489.50 CAD
Cap Rate
7.16%
NOI
$250,945 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.87 AC
Zoning
Regional Commercial
Parking
39 Spaces (9.14 Spaces per 1,000 SF Leased)
Frontage
198’ on Amana Trl
Amenities
- Signage
Property Taxes
| Parcel Number | 20-12050-01-030 | Improvements Assessment | $1,252,229 CAD |
| Land Assessment | $380,027 CAD | Total Assessment | $1,632,256 CAD |
Property Taxes
Parcel Number
20-12050-01-030
Land Assessment
$380,027 CAD
Improvements Assessment
$1,252,229 CAD
Total Assessment
$1,632,256 CAD
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