This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
753 53rd Ave NE
Fridley, MN 55421
Petco · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
- Air Conditioning
ABOUT 753 53RD AVE NE , FRIDLEY, MN 55421
Marcus & Millichap is pleased to offer for sale the Petco in Fridley, Minnesota. The property consists of a 15,260 square foot building on 1.97 acres located at the intersection of Interstate 694 and Central Avenue (Highway 65). This intersection carries combined traffic counts of more than 100,000 vehicles per day. Petco is shadow anchored by Super Target and benefits from its proximity to Medtronic’s operational headquarters. Petco originally signed a lease for 14 years and extended early in 2012 for an additional 4 years and 8 months. The lease is double net requiring minimal landlord responsibilities and has healthy 10 % rental increases in each of their two remaining options. Petco currently has over 1,400 locations and is considered one of the leading Pet Supply retailers in the country. The City of Fridley is conveniently located just 10 miles north of Downtown Minneapolis. The city carries a population of over 27,000 residents and is home to multiple corporate campuses and manufacturing facilities including Medtronic, Cummins and BAE Systems.
PROPERTY TAXES
| Parcel Number | 23-30-24-44-0009 | Improvements Assessment | $1,761,800 |
| Land Assessment | $768,500 | Total Assessment | $2,530,300 |
PROPERTY TAXES
