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Marketing Description
Fortis Net Lease is pleased to present The Shoppes at Albertville Crossings in Albertville, MN. This multi-tenant retail center is comprised of 11,844 SF with five tenants (one vacant). The current tenants include Sherwin Williams, Little Caesars, Metro Dentalcare and Albertville Eyecare.
Sherwin Williams has six years remaining on their lease. Albertville Eyecare has three years remaining on their lease, Metro Dentalcare has 2 years remaining on their lease and Little Caesars continues to operate on a month to month lease. There are minimal landlord responsibilities, as the landlord is only responsible for the replacement of the roof, structure and HVAC.
The Shoppes at Albertville Crossings is highly visible as it is strategically positioned and is in close proximity to Interstate 94. It is located halfway between The Twin Cities and St. Cloud. The property is also in close proximity to Albertville Premium Outlets.
Sherwin Williams has six years remaining on their lease. Albertville Eyecare has three years remaining on their lease, Metro Dentalcare has 2 years remaining on their lease and Little Caesars continues to operate on a month to month lease. There are minimal landlord responsibilities, as the landlord is only responsible for the replacement of the roof, structure and HVAC.
The Shoppes at Albertville Crossings is highly visible as it is strategically positioned and is in close proximity to Interstate 94. It is located halfway between The Twin Cities and St. Cloud. The property is also in close proximity to Albertville Premium Outlets.
Investment Highlights
- Newer 11,844 Multi-Tenant Retail Center located on 1.22 Acres
- Tenants Include: Sherwin Williams (Corporate Guaranteed Lease, 42.22% of Total SF) Little Caesars, Albertville Eyecare and Metro Dentalcare. 1,496 SF Available for Additional Tenant.
- Long Term Leases with Minimal Landlord Responsibilities
- 10 Mile Population Exceeds 133,900 Residents
- 5 Mile Average Household Income Exceeds $104,000
- 5.73% Projected Population Growth Within 5 Miles by 2023
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Contacts
Listing removed on
BY:
Richard Ludwig
•••.•••.3638
••••dwig@••••••••••••.com
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