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The Twin Cities Unanchored Retail Portfolio

$15,675,000

4945 West 77th Street, Minneapolis, MN 55435

Active
Last Updated: 04/16/2025

6.5

Cap Rate

1,026,132

NOI

Details:
Cap Rate:    6.5%
NOI:    $1,026,132
Occupancy:    93.6%
Description:

Property Description
Presenting the opportunity to acquire the Twin Cities Unanchored Retail Portfolio, comprised of three distinct unanchored retail properties: Pentagon Village, Kensington Park and Dean Lakes, all located within top trade areas in the Twin Cities metro area. Ownership’s preferred offering structure is a single transaction comprising all 3 properties. However, Ownership will consider individual property transactions with aggressive pricing and transaction timeframes.

Location Description
Presenting the opportunity to acquire the Twin Cities Unanchored Retail Portfolio, comprised of three distinct unanchored retail properties: Pentagon Village, Kensington Park and Dean Lakes, all located within top trade areas in the Twin Cities metro area. Ownership’s preferred offering structure is a single transaction comprising all 3 properties. However, Ownership will consider individual property transactions with aggressive pricing and transaction timeframes.

Highlights
3 Shopping Centers | 47,579 SF Total GLA | 93.5% Average Occupancy
Outstanding Demographics (3-Mile Weighted Avg.)
91K Population | 139K Daytime Population | $138K Household Income

Map:
Documents:
Title
The_Twin_Cities_Unanchored_Retail_Portfolio_-_OM.pdf
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Location
Gallery