Otsego, MN 55330

Heartland Dental & Dunkin'

Property Address

8798 Parkview Avenue Northeast, Otsego, MN 55330, USA

Offering Summary

  • Price: $3,030,000
  • Lot Size: 1.19 Acres
  • Year Built: 2022
  • Building SF: 5,418
  • Status: Closed
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  • Brand New 10-Year Leases with 10 Percent Rental Increases Every Five Years and Multiple Renewal Options
  • New High-Quality 2022 Construction with a Drive-Thru
  • 100% Leased to Two Diverse National Tenants
  • Subject Property is the 2023 Winner of the Minnesota Shopping Center Association STARR Award for New Construction: Retail Multi-Tenant under 10,000 SF. Properties in this Category were Judged on Site Challenges, Architectural Image, Landscaping, Creative Use of Materials, Signage, and Integration into the Community
  • 52,049 Residents within a Five-Mile Radius - Minneapolis MSA
  • Households are Projected to Increase Over 11 Percent in the Immediate Area by 2027
  • Directly Across from Target and Adjacent to an ALDI that is Currently In Development
  • Excellent Visibility Along Parrish Avenue NE with Immediate Access to MN Highway 101

Broker Information