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Investment Highlights
- ±1.16 acres (±50,530 SF) retail outlot
- Positioned in a fast-growing, high-income trade area
- Located near Hwy 101 & County Rd 39 (87th St NE)
- Strong co-tenancy with national and regional retailers
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 1.16 AC |
| Property Type | Land | ||
| Zoning | PUD - Planned Unit Development | ||
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.16 AC |
| Zoning | PUD - Planned Unit Development |
1 Lot Available
Lot
| Lot Size | 1.16 AC |
| Lot Size | 1.16 AC |
The subject offering consists of a ±1.16-acre (±50,530 SF) retail outlot located at XXXX 87th Street NE, Otsego, MN, shadow-anchored by Target and positioned at the intersection of Highway 101 and County Road 39 (87th Street NE)
Description
Located in Otsego, Minnesota, the Target Outlot Development Site offers ±1.16 acres of commercially zoned land within a high-growth suburban market. The property is shadow-anchored by Target and surrounded by national and regional retailers, with strong regional connectivity to Elk River, Rogers, and the northwest Twin Cities metro. The site is available for land purchase or build-to-suit development.
Property Taxes
| Parcel Number | 118-048-002100 | Improvements Assessment | $388,426 CAD |
| Land Assessment | $131,721 CAD | Total Assessment | $520,147 CAD |
Property Taxes
Presented by
xxxx 87th St NE
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