Cobblestreet Marketplace 15730 Emperor Ave 8,508 SF 100% Leased Retail Building Apple Valley, MN 55124 $4,240,000 ($498.35/SF) 6.75% Cap Rate

Marcus & Millichap is pleased to present the Cobblestreet Marketplace in Apple Valley, Minnesota. This 8,508 square foot strip center was built in 2019 and sits on a 0.71 acre parcel positioned around several national retailers. Nearby traffic drivers include Target, CVS, Chipotle, Texas Roadhouse, Hy-Vee, Taco Bell, Freddy’s among many others. With a mix of single-family homes and multi-family units, there is a steady demand for rental properties, making it a good option for investors. Cedar Avenue runs through the heart of Apple Valley, linking with Interstates 35E and 494 for easy and accessible commuting. Cobblestone Marketplace is a three-tenant retail strip, offering full
stability at 100% occupancy. Caribou Coffee is a franchised coffee shop offering high-quality, handcrafted beverages and food since 1992. There are close to 300 locations in Minnesota alone with multiple other locations across 11 countries. Discover Strength is a national strength training franchise that offers personalized workouts, body composition testing, and low back therapy. There are over 40 locations in 10 different states. CLOVR Life Spa has 3 locations and is a franchised wellness and relaxation center also offering classes and workshops to the public.