AT&T Corporate Lease · Brand New Construction

Highlights:

• Corporate Lease With Strong Rent Increases
• Relocation Store
• Super Regional Mall Exposure
• Brand New Construction
• Strong Demographic Profile
• Major Metropolitan Area
• Growing Area

Description:

Baum Realty Group has been exclusively retained by ownership to sell the newly constructed AT&T (corporate) property located in Maplewood (St. Paul), MN. The property is anchored by the Maplewood Mall which features more than 130 stores. This enhances daily traffic counts along White Bear Avenue and Highway I-694, boasting 35,400 VPD and 96,000 VPD, respectively.

The newly constructed freestanding AT&T store features first-class 2017 construction with AT&T’s latest building design prototype and branding. Located approximately 7 miles northeast of downtown St. Paul, the property is anchored by several national retailers, which provide a robust daytime population for the area of 130,000 people within 5 miles.

The 4,305 SF building is situated on a 0.59-acre parcel along White Bear Avenue, the primary north-south thoroughfare for Maplewood Mall. The property features exposure to 35,400 VPD along White Bear Ave and 96,000 VPD along I-694, providing superior exposure, in between two signalized mall entrances. Additional ingress and egress is provided by an access road that connects with Woodlyn Avenue. The AT&T parcel is situated adjacent north to a new Aspen Dental center, currently under construction, and a freestanding Denny’s directly to the south. The property features an abundant 36 exclusive parking stalls.

Documents: