Mattress Firm

$1,858,540

4070 Dean Lakes Blvd, Shakopee, MN 55379

For Sale

Retail Street Retail

Active

Last Updated: 05/01/2025

Details:

Cap Rate: 8.15%

NOI: $151,471

Building Size: 4,021 sqft

Lot Area: 1.2 acres

Year Built: 2016

Offered by

Highlights:

Double Net Lease | Minimal Landlord Responsibilities
Oversized 1.20 Acre Parcel | Outlot to Lowe's Anchored Shopping Center
Corporate Backed Lease Featuring 10% Rental Increases at Each Option
Built-to-Suit Mattress Firm with 20-Year Roof Warranty in Place
With Over 2,319 Stores Across 49 States, Mattress Firm is the Nation’s Largest Multi-Brand Mattress Retailer - Tempur Sealy Closes $5B Mattress Firm Takeover, Plans Rebrand to Somnigroup
Approximately 20 Minutes Southwest from Mall of America in Bloomington, MN
Canterbury Park is Less than 2-Miles From Subject Property | Popular for Horse Racing and Casino with Over 500,000 Visitors Annually | 3-Miles South of Mystic Lake Casino Hotel
Densely Populated and Highly Affluent Minneapolis Suburb | Household Income within 5-Mile Radius of $171,105; Population Exceeds 110,434 within a 5-Mile Radius of the Property
Located in the Dean Lakes Development - One of the Largest Mixed-Use Developments Ever Initiated in Twin Cities' Southwest Region

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Location

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Offered by