12454 Champlin DrChamplin, MN 55316

  • Other commercial real estate
  • 1.71 AC
For Lease

Property Details for 12454 Champlin Dr

Year built
2005
Construction
WOOD
Lot size
1.71 AC
Property type
Other commercial real estate
APN
30-120-21-21-0002
APU
3012021210002

Description

Hayden Lake Square offers a prime retail investment opportunity in the thriving city of Champlin, Minnesota. This 12,758 square foot strip center currently houses multiple independent retailers, creating a vibrant and diverse shopping environment. A significant portion of the center is currently available, totaling 3,950 square feet, presenting a unique chance to expand existing businesses or establish new ventures. One space of 2,450 square feet is immediately available. The property's strategic location at 12454 Champlin Dr, Champlin, MN 55316, places it in close proximity to Champlin Plaza, a bustling shopping center anchored by national retailers. This advantageous positioning ensures high visibility and foot traffic, maximizing the potential for success. The property's multiple tenancy structure provides a diverse income stream, mitigating risk and enhancing investment stability. The existing tenants contribute to a strong sense of community and established customer base. This is an exceptional opportunity to acquire a well-located, established retail property with significant growth potential in a rapidly developing area. The available space offers flexibility for a variety of retail uses, making it an attractive option for both established businesses and new entrepreneurs. Don't miss this chance to secure a valuable asset in a prime retail location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,675,513
    Hospitality
    $14,358,686
    Educational
    $11,946,258
    Medical
    $12,357,108
    Retail
    $18,583,068
12454 Champlin Dr, Champlin, Minnesota

Location Insight

City
Champlin
County
Hennepin
State
Minnesota
Latitude
45.1801
Longitude
-93.3932
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
$41,275
$484,000
$929,000
$1,413,000
-
$484,000
$929,000
$1,413,000

FAQs

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