11571-11611 Theatre Dr N | Champlin, MN 55316
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11571-11611 Theatre Dr N
Champlin, MN 55316
Champlin Station · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The center is 100% occupied by six tenants that are all on NNN leases
- The property is visible from US-169, which carries 39,000+ VPD in the area
- Within the immediate area there are numerous other traffic drivers including Target and Cub Foods
- With three new leases signed in 2024, the WALT for the center is an impressive 6.9 years
- The property is located adjacent to several retail drivers including an ALDI
- Within a three-mile radius, the average household income is $122k, 14% higher than the national average
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,115 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
4.00 AC
Parking
40 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
281’ on Theatre Dr Dr
AMENITIES
- Pylon Sign
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,218,000 | |
| Land Assessment | $959,000 | Total Assessment | $2,177,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$959,000
Improvements Assessment
$1,218,000
Total Assessment
$2,177,000
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