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National Sports Village 2180 105th N ave 16,998 SF 100% Leased Retail Building Blaine, MN 55449 $8,041,720 ($473.10/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- The National Sports Village is a Leasehold Investment property which allows 100% depreciation of the building.
- A+ location next to The National Sports Center, a 600+ acre multi-sports complex in Blaine, the largest amateur sports complex in North America.
- Excellent demographics with a 1-mile average household income of $148,984 and population of 168,794 within a 5-mile population.
- Tenants include Scooter’s Coffee, The PARC, Northstar Cigars, and Protein House.
- The National Sports Center facility includes a soccer stadium with 50+ full-sized soccer fields, and a PGA Tour designed 18-hole golf course.
- The Anoka County Airport, located just south of the National Sports Village, is one of the busiest private airports in the Midwest.
EXECUTIVE SUMMARY
Leasehold Investment (Building Only) with up to 60 years on Ground Lease.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
16,998 SF
Building Class
B
Year Built
2024
Price
$8,041,720
Price Per SF
$473.10
Cap Rate
7.25%
NOI
$583,024
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.17
Lot Size
2.26 AC
NEARBY MAJOR RETAILERS
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National Sports Village | 2180 105th N ave
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