3575 Highway 100 S
Saint Louis Park, MN 55416
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Goodwill has recently signed a 10-year extension that extends the term remaining to 11 years, signaling commitment to the site
- There has been multiple luxury apartments constructed in the area in the last decade, most notably, the 2023 deliveries of Risor(250u) and Corsa(170u)
- Within a three mile radius, the average household income is over $152,000 and is projected to grow at an annual rate of 2.4%
- The property is an outparcel to LA Fitness, sits directly across the street from Target, and is nearby other traffic drivers such as Lunds & Byerlys
- The property is located on MN-100, which carries an impressive 127,000 vehicles per day (VPD) and is a major arterial roadway for the Twin Cities
- The tenant, Goodwill Easter-Seals Minnesota, had over $116 million in revenue in 2021, employs over 2,000 people, and has 45 retail locations
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
17,636 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.54 AC
