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6002 Excelsior Blvd
Saint Louis Park, MN 55416
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 7,500 SF fully occupied property.
- Additional revenue stream from onsite billboard.
- Brand-new roof installed; includes 20 year warranty
- 3 long term tenants providing stable income.
- High-traffic location ensuring excellent visibility and foot traffic.
EXECUTIVE SUMMARY
Discover 6002 Excelsior Blvd. A fully occupied, 7,500 SF commercial property offering a rare blend of stability and income growth. Positioned in a high-traffic corridor, this property not only boasts three strong tenants but also features additional billboard revenue for enhanced returns. Seize the opportunity to invest in a prime location with built-in cash flow and unbeatable visibility.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,111 SF
Building Class
C
Year Built
1947
Price
$1,200,000
Price Per SF
$168.75
Cap Rate
8.15%
NOI
$97,838
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.96
Lot Size
0.17 AC
Zoning
C-2
Parking
10 Spaces (1.41 Spaces per 1,000 SF Leased)
Frontage
91’ on Excelsior Blvd
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 21-117-21-23-0127 | Improvements Assessment | $672,100 |
| Land Assessment | $181,900 | Total Assessment | $854,000 |
PROPERTY TAXES
Parcel Number
21-117-21-23-0127
Land Assessment
$181,900
Improvements Assessment
$672,100
Total Assessment
$854,000
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