13081-13201 Ridgedale Dr | Minnetonka, MN 55305
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13081-13201 Ridgedale Dr
Minnetonka, MN 55305
Ridgehaven Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Dominant Grocery Anchor - Lunds & Byerlys is a Minnesota exclusive upscale supermarket that has a 40-Yr operating history at the Property and 15+ WALT
- Long Term Tenant Commitment - Weighted average tenure of 25 Years
- Exceptional Tenant Credit Quality - 93% of rental income comes from Grocery & National Tenancy
- Category Leading Shadow Anchor - Shadow Anchored by Target, which has been at the center since 1997
- Consistent Performance - Average 97% occupancy over the past 6 years & Strong collections of 100% April - June
- Dependable & Affluent Consumer Base - $125,000+ Avg. Household Income within 3 Miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
140,418 SF
Building Class
B
Year Built
1982
Tenancy
Multiple
Building Height
1 Story
Loading Docks
10 Exterior
Building FAR
0.22
Lot Size
14.73 AC
Zoning
PID
Parking
1,412 Spaces (10 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Enclosed Mall
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $20,485,000 | |
| Land Assessment | $12,515,000 | Total Assessment | $33,000,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$12,515,000
Improvements Assessment
$20,485,000
Total Assessment
$33,000,000
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