8798 Parkview Ave NE | Otsego, MN 55330
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- LoopNet Team
8798 Parkview Ave NE
Otsego, MN 55330
Heartland Dental & Dunkin' · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 10-Year Leases with 10 Percent Rental Increases Every Five Years and Multiple Renewal Options
- 100% Leased to Two Diverse National Tenants
- 52,049 Residents within a Five-Mile Radius - Minneapolis MSA
- New High-Quality 2022 Construction with a Drive-Thru
- Subject Property is the 2023 Winner of the Minnesota Shopping Center Association STARR Award for New Construction: Retail Multi-Tenant under 10,000 SF
- Households are Projected to Increase Over 11 Percent in the Immediate Area by 2027
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,418 SF
Building Class
B
Year Built
2022
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.19 AC
Parking
14 Spaces (2.58 Spaces per 1,000 SF Leased)
Frontage
74’ on Parrish Ave NE
PROPERTY TAXES
| Parcel Number | 118-357-001010 | Improvements Assessment | $663,600 |
| Land Assessment | $607,900 | Total Assessment | $1,271,500 |
PROPERTY TAXES
Parcel Number
118-357-001010
Land Assessment
$607,900
Improvements Assessment
$663,600
Total Assessment
$1,271,500
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