8484 Tamarack Rd
8484 Tamarack Road, Woodbury, MN
$2,375,960
Price
7%
Cap Rate
$166,317
NOI
Overview
Description
This multi-tenant property is located on Coller Way where traffic counts average 15,000 vehicles per day on Tamarack Road while traffic counts average 29,000 vehicles per day on Radio Dr. This shopping area is located off exits to I-94 & I-494. Properties in the nearby area include Whole Foods, The Home Depot, PetSmart, Bed Bath & Beyond, Dick’s Sporting Goods, Sierra, Cabela’s, ALDI, Cub Foods, and many more in this heavy retail area. Located almost adjacent to the property is Tamarack Village, one of the Twin Cities most successful shopping centers, which is over 800,000 square feet with over 60 stores and dining options.
Drone Video: https://www.youtube.com/watch?v=d-12mEwtDyE
Highlights
- This retail center is 100% leased to Original Mattress Factory, National Karate, and Smokey's Tobacco & Vape.
- This property is well located adjacent to Tamarack Village, one of the Twin Cities most successful shopping centers for daily needs, which is over 800,000 square feet with over 60 stores and dining options.
- Properties in the nearby area include Whole Foods, The Home Depot, Nordstrom Rack, PetSmart, Bed Bath & Beyond, Dick’s Sporting Goods, Sierra, Cabela’s, ALDI, Cub Foods, ULTA and many more in this dense retail area.
- Affluent area with strong demographics with a population of 159,317 and average household income of $132,737 within a 5-mile radius.
- Woodbury was voted #14 this year on Fortune’s Top 25 Places To Live For Families and was voted #9 in 2020 on Money Magazine Best Place To Live. Woodbury is one of Minnesota’s fastest growing cities as well as the state’s eighth largest city.
Documents
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PUBLIC_8484_Tamarack_Rd_-_Woodbury__MN_MP.pdf
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