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7940-7950 Penn Ave S
Bloomington, MN 55431
Caribou | T-Mobile | Walgreens | Jimmy John's · Retail Property For Sale
Investment Highlights
- The Caribou Coffee/T-Mobile/Walgreens/Jimmy John’s Center is 100% leased with 3 Corporate tenants; Caribou Coffee, T-Mobile, Walgreens, & Jimmy John's
- Low rent to sales.
- Located on an outlot to Target and Hobby Lobby with neighboring retailers such as Chick-Fil-A, Fresh Thyme, McDonald’s, Petco, TJMaxx, Kohl’s, & more.
- Generational ownership location situated across from Best Buy Corporate Headquarters Campus, with 7,500+ employees.
- Generational ownership location situated across from Best Buy Corporate Headquarters Campus, with 7,500+ employees & conveniently located off I-494.
- Located only minutes from MSP International Airport, Mall of America, Southdale Mall, Galleria, and Downtown Minneapolis.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
23,019 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.26 AC
Zoning
Commercial
Parking
101 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
365’ on Penn Ave S
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 05-027-24-11-0004 | Improvements Assessment | $6,549,000 |
| Land Assessment | $2,951,000 | Total Assessment | $9,500,000 |
Property Taxes
Parcel Number
05-027-24-11-0004
Land Assessment
$2,951,000
Improvements Assessment
$6,549,000
Total Assessment
$9,500,000
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