Retail Space
2024 85th Avenue North Brooklyn Park, MN 55444
Details & Description
Price: $6,340,000
    Walgreens is strategically located near the signalized, hard corner intersection of 85th Avenue N and State Highway 252, averaging a combined 74,600 vehicles passing by daily. The building is complete with a drive-thru pharmacy, providing ease and convenience for customers. The property is ideally situated adjacent to Festival Foods, one of the only big-box grocers in the immediate trade area, thereby increasing consumer traffic and promoting crossover shopping for the site. Other nearby national/credit tenants include Walmart Supercenter, The Home Depot, Target, Sam’s Club, Menards, Aldi, LA Fitness, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. In addition, the asset is surrounded by several apartment complexes including The Fairways (198 units), Riverview (254 units), and Villa Del Coronado (192 units), providing a direct residential consumer base from which to draw. The 5-mile trade area is supported by more than 250,000 residents and 109,000 daytime employees. Residents within 1 mile of the subject property boast an affluent average household income of $109,000.
    Listing Agents
    Dan Elliott

    O: 312-279-5342
    dan.elliot@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2024 85th Avenue North

    Brooklyn Park, MN 55444

    Listing ID: 253445
    • 2024 85th Avenue North Brooklyn Park, MN 55444 | for Sale | Photo 1
    • 2024 85th Avenue North Brooklyn Park, MN 55444 | for Sale | Photo 2
    2024 85th Avenue North | for Sale | Thumbnail 1
    2024 85th Avenue North | for Sale | Thumbnail 2
    Building Size: 14,560 SF
    Lot Size: 5.640 AC
    Land Size: 245,678 SF
    Building $/SF: $435.44
    Land $/SF: $25.81
    Price
    $6,340,000
    Description

    Walgreens is strategically located near the signalized, hard corner intersection of 85th Avenue N and State Highway 252, averaging a combined 74,600 vehicles passing by daily. The building is complete with a drive-thru pharmacy, providing ease and convenience for customers. The property is ideally situated adjacent to Festival Foods, one of the only big-box grocers in the immediate trade area, thereby increasing consumer traffic and promoting crossover shopping for the site. Other nearby national/credit tenants include Walmart Supercenter, The Home Depot, Target, Sam’s Club, Menards, Aldi, LA Fitness, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. In addition, the asset is surrounded by several apartment complexes including The Fairways (198 units), Riverview (254 units), and Villa Del Coronado (192 units), providing a direct residential consumer base from which to draw. The 5-mile trade area is supported by more than 250,000 residents and 109,000 daytime employees. Residents within 1 mile of the subject property boast an affluent average household income of $109,000.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Minneapolis History of Retail Space for Sale

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    Brooklyn Park Area Market Trends

    Listing Demographics for 2024 85th Avenue North Brooklyn Park, MN 55444

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population10,96891,961249,693
    Population Median Age383637
    Population by Age0-9 Yrs1446 (13%)13915 (15%)36079 (14%)
    10-19 Yrs1574 (14%)12146 (13%)31705 (12%)
    20-29 Yrs1311 (11%)12215 (13%)33388 (13%)
    30-39 Yrs1557 (14%)14114 (15%)38532 (15%)
    40-49 Yrs1073 (9%)11000 (11%)30098 (12%)
    50-59 Yrs1650 (15%)11917 (12%)32856 (13%)
    60-69 Yrs1390 (12%)9336 (10%)25225 (10%)
    70+ Yrs967 (8%)7319 (7%)21810 (8%)
    Median HH Income$90,017$70,427$67,177
    Total Household Income< 24K355 (9%)4368 (13%)12812 (13%)
    25-49K509 (13%)7045 (21%)20218 (22%)
    50-74K559 (15%)6092 (18%)18392 (20%)
    75-99K732 (19%)5669 (17%)14775 (16%)
    100-199K1268 (34%)8248 (25%)22138 (24%)
    200K+303 (8%)1565 (4%)3559 (3%)
    Highest Education LevelNo Diploma598628116391
    Diploma or GED14631479445923
    Some College19431435938643
    Assoc. Degree1008729119732
    Bachelors Degree16791258632980
    Higher Degree773515813008
    Total Housing Units3,96534,71995,445
    --Owner-Occupied3,36723,15263,838
    --Renter-Occupied3599,83628,055
    Owner-Occupied Values< 100K15713264941
    100-199K1135901027695
    200-299K1414878223112
    300-399K44927465147
    400-499K1408071760
    500K+724811183
    Total Working Age Population8,55370,004192,618
    In Work Force6,15650,427137,760
    Not In Work Force2,39719,57754,858
    Workforce Employed5,99848,478131,905
    Workforce Unemployed1581,9255,795
    Civlian Workforce6,15650,404137,700
    Military Workforce02460
    Total Households3,72632,98891,893
    Family Households2,75622,15560,415
    Non-Family Households97010,83331,477
    Married Couple2,11714,99741,186
    Other Family6397,15819,229
    Married w/Child8806,28717,307
    Single Male w/Child1391,0492,769
    Single Female w/Child2453,1738,071

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Minnesota4,919,479+85,303,925+75,687,161+55,974,304
    Anoka County298,084+11330,844+8358,469+6380,651
    Hennepin County1,116,200+31,152,425+121,294,371+91,407,332
    Ramsey County511,0350508,640+12567,959+9616,408

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2024 85th Avenue North in Brooklyn Park?
    The asking price for 2024 85th Avenue North is $6,340,000
    What is the building size of this Retail property in Brooklyn Park, MN?
    The size of the building/unit at 2024 85th Avenue North in Brooklyn Park is 14,560 square feet
    How much land does the Brooklyn Park, MN property at 2024 85th Avenue North include?
    2024 85th Avenue North in Brooklyn Park includes 5.640 acres of land
    What kind of Retail is the propery at 2024 85th Avenue North?
    The property at 2024 85th Avenue North Brooklyn Park, MN 55444 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 2024 85th Avenue North in Brooklyn Park?
    The population within 1 mile of 2024 85th Avenue North Brooklyn Park, MN 55444 is 10,968 people.
    Who do I contact for questions about 2024 85th Avenue North?
    You should contact the listing agent, Dan Elliott, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 16
    Rochester International Airport (RST) 92
    Duluth International Airport (DLH) 131
    Price
    $6,340,000
    Listing Agent
    More listings from Dan Elliott
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