9041 Broderick BlvdInver Grove Heights, MN 55076

For Lease
$17/SF/YR View listing
  • Strip malls
  • 9,000 SF

Property Details for 9041 Broderick Blvd

Year built
2000
Construction
CONCRETE
Lot size
1.19 AC
Property size (Sq ft)
9,000 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
20-11861-01-020
APU
201186101020

Description

This exceptional retail storefront opportunity is located within the Arbor Pointe Commons in Inver Grove Heights, Minnesota. The space, totaling 1,660 contiguous square feet, is immediately available and presents a fantastic chance for a business seeking a high-visibility location. The property is zoned PUD (Planned Unit Development) and features a total building size of 5,377 square feet, with multiple tenancies. The address is 9041 Broderick Blvd, Inver Grove Heights, MN 55076, situated in Dakota County. The minimum divisible space is 1,660 square feet, matching the maximum contiguous space currently available. This end-cap space offers excellent visibility and accessibility. The net lease rate is $17 per square foot, with a CAM and tax rate of $11 per square foot. Further rate details, floor plans, and additional information are available upon request. The property's APN is 20-11861-01-020. This is an ideal location for a variety of retail businesses seeking a strong presence in a thriving community. Don't miss this chance to secure a prime retail space in a desirable area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,177,804
    6.5%
    $2,010,280
    7%
    $1,866,689
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,157,587
    Geo Method
    $1,157,587
  • Alternative Use

    Use
    Valuation
    Residential
    $1,695,747
    Hospitality
    $1,553,295
    Educational
    $1,292,323
    Medical
    $1,336,768
    Retail
    $2,010,280
9041 Broderick Blvd, Inver Grove Heights, Minnesota

Location Insight

City
Inver Grove Heights
County
Dakota
State
Minnesota
Latitude
44.8174
Longitude
-93.0457
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,984
$483,400
$471,300
$954,700
-
$483,400
$471,300
$954,700

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