7600 Hudson RdWoodbury, MN 55125

Property Details for 7600 Hudson Rd

Year built

1986

Lot size

5.19 AC

Property size (Sq ft)

86,104 SF

Property type

Outlet malls

APN

05-028-21-12-0039

APU

502821120039

Description

This exceptional 86,350 square foot storefront, situated on a 5.2-acre lot in Woodbury, Minnesota, presents a remarkable redevelopment opportunity. Previously occupied by a major furniture retailer, this property boasts unparalleled visibility along three major Minnesota highways (494, 694, and 94), placing it within a high-traffic retail corridor. The building, constructed in 1986, benefits from its location near other prominent retailers such as Target, Best Buy, Home Depot, and Walmart. Further enhancing its appeal, a new Bus Rapid Transit (BRT) line, the Gold Line, is under construction adjacent to the property, promising increased pedestrian and vehicular traffic. This new transit system will improve connectivity between St. Paul and Woodbury, making the property even more accessible. Woodbury, Minnesota's eighth-largest city, with a population exceeding 73,000, offers a robust workforce and consumer base, making this location ideal for businesses seeking a strong presence in a thriving market. The property's strategic location and significant size offer considerable potential for a variety of retail uses or redevelopment projects. This is a truly unique opportunity to acquire a high-profile retail space in a prime location within a rapidly growing community.

• CAP approach

  CAP return

  Valuation

  6%

  $23,271,080

  6.5%

  $21,480,996

  7%

  $19,946,640

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,074,765

  Geo Method

  $11,074,765

• Alternative Use

  Use

  Valuation

  Residential

  $18,120,024

  Hospitality

  $16,597,845

  Educational

  $13,809,212

  Medical

  $14,284,132

  Retail

  $21,480,996

Location Insight

City

Woodbury

County

Washington

State

Minnesota

Latitude

44.9478

Longitude

-92.9528

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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