1740 Weir DrWoodbury, MN 55125

Property Details for 1740 Weir Dr

Year built

1982

Lot size

0.87 AC

Property size (Sq ft)

9,768 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

07-028-21-42-0026

APU

702821420026

Description

This exceptional retail opportunity presents two spaces within the Valley Creek Mall & Annex in Woodbury, Minnesota. Located at 1740 & 1750 Weir Drive, this property boasts a total of 96,048 square feet across two single-story buildings, built in 1974 and renovated in 1985. The available spaces range from 1,711 to 1,914 square feet, offering flexibility for various retail concepts. The mall itself is Woodbury's only indoor shopping center, serving as a long-standing community anchor with a diverse mix of over 25 tenants, including several locally owned businesses. Ample parking is available with 500 surface stalls, providing a 5.2:1,000 square foot ratio. The property is situated in Washington County, Minnesota, zip code 55125, and benefits from its established location within a thriving community. This is an ideal opportunity for businesses seeking high visibility and access to a loyal customer base in a well-maintained and historically successful retail center. The property offers a strong foundation for growth and success within a vibrant community. The property's location in Woodbury, MN provides excellent access to major transportation routes and a dense residential population.

• CAP approach

  CAP return

  Valuation

  6%

  $2,639,969

  6.5%

  $2,436,894

  7%

  $2,262,831

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,256,368

  Geo Method

  $1,256,368

• Alternative Use

  Use

  Valuation

  Residential

  $2,055,612

  Hospitality

  $1,882,929

  Educational

  $1,566,575

  Medical

  $1,620,452

  Retail

  $2,436,894

Location Insight

City

Woodbury

County

Washington

State

Minnesota

Latitude

44.9263

Longitude

-92.9744

CBSA code

33460

CBSA name

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

Property Tax & Assessments

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