Retail Space / Minnesota / Minneapolis / 55434 / 12880 Central Avenue Northeast

12880 Central Avenue Northeast

Q: What is the asking price for 12880 Central Avenue Northeast in Minneapolis?

The asking price for 12880 Central Avenue Northeast is $4,850,000

Q: What is the building size of this Retail property in Minneapolis, MN?

The size of the building/unit at 12880 Central Avenue Northeast in Minneapolis is 7,875 square feet.

Q: How much land does the Minneapolis, MN property at 12880 Central Avenue Northeast include?

12880 Central Avenue Northeast in Minneapolis includes 4.000 acres of land.

Q: What kind of Retail is the propery at 12880 Central Avenue Northeast?

The property at 12880 Central Avenue Northeast Minneapolis, MN 55434 is listed as a Gas/Convenience Retail property.

Q: What is the population within 1 mile of 12880 Central Avenue Northeast?

The population within 1 mile of 12880 Central Avenue Northeast Minneapolis, MN 55434 is 9,550 people.

Q: Who do I contact for questions about 12880 Central Avenue Northeast?

You should contact the listing agent, Jackson Phillips, for any details regarding this commercial listing.

Minneapolis, MN 55434

Holiday Blaine

Listing ID: 300363

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Building Size: 7,875 SF

Lot Size: 4.000 AC

Land Size: 174,240 SF

Building $/SF: $615.87

Land $/SF: $27.84

Price

$4,850,000

Property Highlights

15-Year Absolute NNN Lease

Well maintained storefront

Excellent Ingress & Egress

Established Operator with significant Gas/Convenience store experience

Car Wash and vehicle detailing station

Description

Holiday Blaine is an opportunity to acquire the fee simple interest in the real estate and improvements; subject to an Absolute Net-Lease to an established and highly reputable gas/convenience store operator for a term of 15 years, expiring December 31, 2035. The terms of the lease require the tenant to cover the cost of all real estate taxes, insurance, property repair and maintenance, and the total replacement cost of all building and structural elements, parking lot, gas tanks, and other equipment. The lease structure is advantageous for an investor seeking long-term, predicable income. An investor may also benefit from other tax advantages, including Bonus Deprecation.
Year built: 1998

Attachments & Files

holiday-blaine-v4-smaller-file-size6-8-22-OtT-8t3.pdf

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Points of Interest & Demographic Radii

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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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Listing Demographics for 12880 Central Avenue Northeast Minneapolis, MN 55434

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 Population		9,550	54,646	127,089
Population Median Age		36	38	38
Population by Age	0-9 Yrs	1187 (12%)	7169 (13%)	16103 (12%)
	10-19 Yrs	1749 (18%)	8296 (15%)	18722 (14%)
	20-29 Yrs	1342 (14%)	5654 (10%)	14165 (11%)
	30-39 Yrs	1017 (10%)	7146 (13%)	17738 (13%)
	40-49 Yrs	1412 (14%)	7777 (14%)	17545 (13%)
	50-59 Yrs	887 (9%)	7254 (13%)	17650 (13%)
	60-69 Yrs	1404 (14%)	7048 (12%)	14003 (11%)
	70+ Yrs	554 (5%)	4301 (7%)	11163 (8%)

Median HH Income		$88,686	$96,730	$88,951
Total Household Income	< 24K	299 (9%)	1393 (7%)	3833 (8%)
	25-49K	346 (11%)	2285 (11%)	7228 (15%)
	50-74K	563 (18%)	3036 (15%)	7282 (16%)
	75-99K	584 (19%)	3310 (17%)	7685 (16%)
	100-199K	1043 (34%)	7145 (37%)	15316 (33%)
	200K+	221 (7%)	2014 (10%)	3919 (8%)

Highest Education Level	No Diploma	356	1641	4282
	Diploma or GED	1993	9086	23209
	Some College	1107	7840	19463
	Assoc. Degree	683	4495	11020
	Bachelors Degree	1151	9079	19622
	Higher Degree	543	3968	7819

Total Housing Units		3,183	19,953	46,671
--Owner-Occupied		2,399	16,929	38,455
--Renter-Occupied		657	2,254	6,807
Owner-Occupied Values	< 100K	44	981	2402
	100-199K	442	3043	9047
	200-299K	1498	6581	14853
	300-399K	290	3832	7590
	400-499K	51	1315	2456
	500K+	74	1177	2107

Total Working Age Population		7,265	42,164	99,155
In Work Force		5,280	30,782	71,852
Not In Work Force		1,985	11,381	27,303
Workforce Employed		5,108	29,692	69,080
Workforce Unemployed		168	1,046	2,661
Civlian Workforce		5,276	30,737	71,741
Military Workforce		4	45	111

Total Households		3,056	19,183	45,262
Family Households		2,270	14,322	32,487
Non-Family Households		785	4,862	12,776
Married Couple		1,822	11,864	25,792
Other Family		448	2,458	6,694
Married w/Child		923	5,388	11,508
Single Male w/Child		93	409	1,065
Single Female w/Child		149	974	2,802

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Minnesota	4,919,479	+8	5,303,925	+7	5,687,161	+5	5,974,304
Anoka County	298,084	+11	330,844	+8	358,469	+6	380,651

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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 12880 Central Avenue Northeast in Minneapolis?

The asking price for 12880 Central Avenue Northeast is $4,850,000

What is the building size of this Retail property in Minneapolis, MN?

The size of the building/unit at 12880 Central Avenue Northeast in Minneapolis is 7,875 square feet

How much land does the Minneapolis, MN property at 12880 Central Avenue Northeast include?

12880 Central Avenue Northeast in Minneapolis includes 4.000 acres of land

What kind of Retail is the propery at 12880 Central Avenue Northeast?

The property at 12880 Central Avenue Northeast Minneapolis, MN 55434 is listed as a Gas/Convenience Retail property

What is the population within 1 mile of 12880 Central Avenue Northeast in Minneapolis?

The population within 1 mile of 12880 Central Avenue Northeast Minneapolis, MN 55434 is 9,550 people.

Who do I contact for questions about 12880 Central Avenue Northeast?

You should contact the listing agent, Jackson Phillips, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP)	22
Rochester International Airport (RST)	97
Duluth International Airport (DLH)	124