Listed by RYZO Commercial Realty, CBRE Minneapolis
Undisclosed Rate
125 Little Canada Rd W
Building Details
Property Type Retail, Office
Sub Type Medical Office, Commercial
Tenancy Multiple
Class A
Total Building SqFt 24,422
Min Divisible SqFt 1,924
Max Contiguous SqFt 2,001
Vacant SqFt 3,925
Total Parking Spaces 101
Year Built 2006
Spaces
Base Rent: Negotiable
CAM/TAX $7.50
Base Rent: Negotiable
CAM/TAX $7.50
Retail | 2 spaces available | 1,924 SqFt - 2,001 SqFt
Building description
CBRE is pleased to present qualified investors the opportunity to acquire the Village at Little Canada, located in Little Canada, MN. This Class A two-story 24,422 square-foot mixed-use building provides great opportunity for office, retail, and medical users.
Constructed in 2006 and sitting on two separate parcels totaling 2.17 acres with plentiful parking, this is an attractive opportunity for owner-users, owner-occupants, and investors seeking significant upside potential.
Building highlights
- High Visibility Monument Signage Available
- Convenient Off Street Parking
- Premium Income Demographics
- 2,001 SF AND 1924 SF 1st floor retail space available.
- For lease on high-traffic Rice St in Little Canada
- Class A Mixed-Use Building: This Class A mixed-used building is truly one of a kind in this submarket, which has a very limited supply of buildings of this quality.
- Excellent Visibility and Signage: Located at the intersection of Rice Street and Little Canada Road, the property offers monument signage along Rice Street and building facade signage along Little Canada Road.
- Flexibility for Owner-User, Owner-Occupant, or Investor: This asset presents an excellent opportunity for a potential owner-user or owner-occupant looking to acquire a new property. In addition, there is great upside potential for an investor who can grow the NOI and cash flow through lease up.
- Attractive Basis: A future owner can acquire the property at a very attractive basis that is well below the estimated replacement cost for a building of this stature. Commercial construction costs have consistently continued to rise, providing a new owner with a clear advantage over new developments.
- Locally Developed, Owned, and Managed: Constructed in 2006, the building is still owned and managed by the original Developer.
- Onsite & Nearby Food & Dining Options: Within the building there is a Jimmy John’s and a wellness cafe. Also, there are numerous local staples and chain dining options, such as Culver’s, McDonald’s, Subway, Arby’s, Dunkin’ and many more, within a 1-mile radius.
- Occupancy 35%
- Number of Tenants Four
Listing Contacts
Listed by RYZO Commercial Realty, CBRE Minneapolis
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