Blue West Capital is pleased to present the sale of a multi-tenant retail property located in the affluent Minneapolis suburb of Chanhassen. The 20,166 square foot property is leased to e-commerce resistant, and essential tenants including Tide Dry Cleaning, Crisp & Green, Floyd’s Barbershop, Palm Beach Tan, and others. The property is 84% leased and offers a future owner upside to an already stable and accretive investment.
Located just 20 miles southwest of downtown Minneapolis, Chanhassen is an affluent and dense suburb of Minneapolis. Within a five-mile radius, there are over 121,000 people with average household incomes of over $145,000. The subject property offers excellent accessibility, as it is located off of Highway 5 (37,000 VPD), which is the main thoroughfare in the market.