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Penn American 2100 W 80 1/2 St 1,042 - 12,358 SF of 4-Star Office/Retail Space Available in Bloomington, MN 55431
Highlights
- Prominent retail suites ranging from 1,042 SF to 2,035 SF, inline space, and future availability of a 6,050-SF unit within a mixed-use setting.
- Highly visible positioning within a proven trade area offers strong branding exposure for tenants seeking to expand presence in an active corridor.
- Anchored by Fresh Thyme Market and Home2Suites by Hilton, generating organic foot traffic and enhancing consumer draw for retailers across the site.
- Surrounded by a strong mix of national and local tenants, contributing to a vibrant retail ecosystem and an established consumer base.
Space Availability (5)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2105B | 1,042 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 2105C | 1,522 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 2105D | 1,709 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 2240A | 6,050 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 2240D | 2,035 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 2105B
1,042 SF Efficient small-format retail suite located in the South Retail building. Suitable for boutique retail, personal services, professional services, or specialty food users.
- Grocery-anchored mixed-use development
- Strong visibility at Penn Avenue and American
- Anchored by Fresh Thyme Market and Home2 Suites
1st Floor, Ste 2105C
1,522 SF Flexible retail space offering a functional footprint for a variety of retail, service, and wellness concepts within a highly trafficked mixed-use destination.
- Anchored by Fresh Thyme Market and Home2 Suites
- Strong visibility at Penn Avenue and American
- Grocery-anchored mixed-use development
1st Floor, Ste 2105D
1,709 SF Move-in-ready retail opportunity with excellent exposure and access. The space accommodates a range of retail, dining, fitness, and service-oriented uses.
- Anchored by Fresh Thyme Market and Home2 Suites
- Strong visibility at Penn Avenue and American
- Grocery-anchored mixed-use development
1st Floor, Ste 2240A
6,050 SF Former veterinary clinic space within the North Retail building at Penn American. The suite offers an established layout well-suited for medical, veterinary, wellness, or service-oriented users seeking a highly visible location within a grocery-anchored mixed-use development.
- Grocery-anchored mixed-use development
- Strong visibility at Penn Avenue and American
- Anchored by Fresh Thyme Market and Home2 Suites
1st Floor, Ste 2240D
2,035 SF Well-positioned inline retail space within Penn American's North Retail component. Ideal for retail, service, wellness, boutique fitness, or fast-casual concepts seeking strong visibility and access in Bloomington's premier retail corridor.
- Grocery-anchored mixed-use development
- Strong visibility at Penn Avenue and American
- Anchored by Fresh Thyme Market and Home2 Suites
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Matterport 3D Tour
Select Tenants at Penn American
- Tenant
- Description
- US Locations
- Reach
- District Apartments
- Rental and Leasing Services
- -
- -
- Fresh Thyme Farmers Market
- Supermarket
- 96
- Regional
- Home2 Suites
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| District Apartments | Rental and Leasing Services | - | - |
| Fresh Thyme Farmers Market | Supermarket | 96 | Regional |
| Home2 Suites | Accommodation and Food Services | - | - |
Property Facts
| Total Space Available | 12,358 SF | Gross Leasable Area | 21,250 SF |
| Property Type | Retail | Total Land Area | 4.07 AC |
| Property Subtype | Freestanding | Year Built | 2015 |
| Total Space Available | 12,358 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 21,250 SF |
| Total Land Area | 4.07 AC |
| Year Built | 2015 |
About the Property
Penn American is a mixed-use development is anchored by Fresh Thyme Market and Home2 Suites by Hilton and is complemented by a strong roster of nearby national retailers, including Target, Kohl's, and TJ Maxx. Strategically located at the signalized intersection of Penn Avenue and American Boulevard, the property benefits from excellent visibility, convenient access, and exposure to more than 130,000 vehicles daily along nearby Interstate 494. On-site residential density, including 212 apartment units and 22 townhomes at Genesee Apartments & Townhomes, provides a built-in customer base, while the surrounding trade area offers strong demographics and consistent consumer traffic.
Demographics
Demographics
Nearby Major Retailers
Presented by
Penn American | 2100 W 80 1/2 St
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