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Albertville Goodyear/Dollar Tree Center 11019 61st St. NE | Albertville | MN We are pleased to present for sale the Albertville Goodyear/Dollar Tree Center, a quality retail neighborhood center located half way between the Twin Cities and St. Cloud near the intersection of County Road 19 and County Road 37 in Albertville, Minnesota. Albertville is a growing, desirable community serving as a strong residential base for both cities. Albertville is home to the Albertville Premium Outlets, the Twin Cities’ most successful outlet mall. Other area tenants include Coborn’s, Culvers, Sprint, Caribou and Space Aliens to name a few. There is a proposed theme park in the works for Albertville, which would include hotels and amusement. INVESTMENT HIGHLIGHTS 16,718 square feet multi-tenant retail center situated on a 2.41 acre site Well located at the intersection of County Roads 19 and 37 Building constructed in year 2008 100 percent occupied Long-term leases are in place $176,254 in NOI Opportunity to acquire two adjacent land parcels FOR SALE Avison Young | 333 S 7th St., Suite 1370, Minneapolis, Minneasota | Jim Rock, Principal | [email protected] | 612-913-565 4

Albertville Goodyear/Dollar Tree Center · 2017. 2. 8. · Subject Property: Albertville Goodyear / Dollar Tree Center Address: 11019 61st Street Albertville, MN PID: 101-117-001010

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Page 1: Albertville Goodyear/Dollar Tree Center · 2017. 2. 8. · Subject Property: Albertville Goodyear / Dollar Tree Center Address: 11019 61st Street Albertville, MN PID: 101-117-001010

Albertville Goodyear/Dollar Tree Center11019 61st St. NE | Albertville | MN

We are pleased to present for sale the Albertville Goodyear/Dollar Tree Center, a quality retail neighborhood center located half way between the Twin Cities and St. Cloud near the intersection of County Road 19 and County Road 37 in Albertville, Minnesota. Albertville is a growing, desirable community serving as a strong residential base for both cities. Albertville is home to the Albertville Premium Outlets, the Twin Cities’ most successful outlet mall. Other area tenants include Coborn’s, Culvers, Sprint, Caribou and Space Aliens to name a few. There is a proposed theme park in the works for Albertville, which would include hotels and amusement.

INVESTMENT HIGHLIGHTS• 16,718 square feet multi-tenant retail center situated on a 2.41 acre site• Well located at the intersection of County Roads 19 and 37• Building constructed in year 2008• 100 percent occupied• Long-term leases are in place• $176,254 in NOI• Opportunity to acquire two adjacent land parcels

FOR SALE

Avison Young | 333 S 7th St., Suite 1370, Minneapolis, Minneasota | Jim Rock, Principal | [email protected] | 612-913-5654

Page 2: Albertville Goodyear/Dollar Tree Center · 2017. 2. 8. · Subject Property: Albertville Goodyear / Dollar Tree Center Address: 11019 61st Street Albertville, MN PID: 101-117-001010

Subject Property: Albertville Goodyear / Dollar Tree Center

Address: 11019 61st Street Albertville, MN PID: 101-117-001010

Location: Located near the intersection of County Rd. 19 & County Rd. 37 in Albertville, MN

Zoning: S-3 Commercial-Recreational Shoreland District Square Footage: 16,718 Total Square Feet 9,750 SF - Dollar Tree 6,968 SF - Goodyear Land Area: Approximately 105,144 square feet

Year Built: 2008

Structure: Rock face block Exterior: Decorative block

Roof: Rubber membrane, rock ballast

Parking: 52 parking stalls

Electrical: 208 3 phase - separately metered for each tenant

2015 Real Estate Taxes: $38,226.00

CAM Budget: $4.37 psf

PHYSICAL DESCRIPTION

Albertville Goodyear/Dollar Tree Center11019 61st St. NE | Albertville | MN