Camden Center

Highlights:

• Long Term Medical Anchor Tenant
• Dynamic Location
• Below Replacement Cost
• Value Add Opportunity
• High Density Site

Description:

CBRE exclusively presents the opportunity to acquire the Camden Center in Minneapolis, MN. This 14,000+ square foot retail center is anchored by a well-established North Memorial Medical Clinic that occupies 55% of the building. The Center offers a unique blend of medical, retail, dining, and professional services. The North Memorial Medical Clinic attracts a steady stream of patrons, enhancing visibility and foot traffic for all businesses within the Center. This is an excellent opportunity for an investor to acquire a well located, infill retail center at well below replacement cost. In addition to the attractive and stable cash flow this asset is positioned for future value creation through increasing below market rents. Camden Center is located in a densely populated community serving over 150,000+ individuals within the 3-mile trade area. The property has great visibility from the signalized intersection of Lyndale Ave N and Webber Parkway, and has convenient access to Interstate 94 (106,000+ VPD) the major thoroughfare connecting downtown Minneapolis 3 miles to the south. This asset is part of a portfolio of medical-retail properties offered both individually and as a portfolio.

The assets include:
1. 901 2nd Street, Suite A, Minneapolis, MN
2. 4201-4209 Webber Pkwy, Minneapolis, MN

Documents: