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11420-11464 N Marketplace Dr
Champlin, MN 55316
Champlin Marketplace · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
91,970 SF
Building Class
B
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.26
Lot Size
8.01 AC
Zoning
C-2/PUD
Parking
471 Spaces (5.12 Spaces per 1,000 SF Leased)

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection

ABOUT 11420-11464 N MARKETPLACE DR , CHAMPLIN, MN 55316

Champlin Marketplace is a 98% occupied grocery anchored neighborhood retail center anchored by Cub Foods, the Twin Cities dominant grocer. The Property is 91,970 rentable square feet and is occupied by thirteen (13) tenants many of which are original. Champlin Marketplace is in the City of Champlin conveniently positioned near the signalized intersection of US Highway 169, 114th Avenue North and Marketplace Drive North. In 2016 Cub Liquor was added to the Property line-up and the existing Cub Foods extended the lease term for 10 years and was remodeled, including interior and exterior finishes. The Property has enjoyed consistently high occupancy and features notable national retailers such as Cub Foods, Cub Liquor, United Parcel Service (UPS), H&R Block, Jimmy John’s and Great Clips. The Property consists of four (4) buildings – the Cub Foods building, multi-tenant in-line center, one (1) single-tenant outlot building housing Arigato Steakhouse & Sushi Bar; and one (1) multi-tenant outlot building housing Jimmy John’s, H&R Block, Style Nails and UPS. Notable nearby retailers, located on outlot parcels (but not included in the sale) are Walgreen’s and National Tire & Battery. Directly across US Highway 169 is Mann Theatres Champlin, a 14-screen cinema that is a substantial traffic generator for the area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 31-120-21-13-0102
  • 31-120-21-13-0093
Land Assessment
$2,328,000
Improvements Assessment
$9,047,900
Total Assessment
$11,375,900
  • Listing ID: 12504356

  • Date on Market: 5/8/2018

  • Last Updated:

  • Address: 11420-11464 N Marketplace Dr, Champlin, MN 55316

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