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Nicollet Plaza 200-300 East Travelers Trail, Burnsville, Minnesota, 55337

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Verified : 3/13/2012 Active

Nicollet Plaza 200-300 East Travelers Trail, Burnsville, Minnesota, 55337

Undisclosed / For sale

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Property Highlights

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Sale Price:
Undisclosed
Price/SF:
Unlisted
CAP Rate (%):
Unlisted
NOI:
$888,444
Net Lease:
Unlisted
Gross Leasable Area (SF):
83,556
Total Lot Size (SF):
Unlisted
Occupancy (%):
Unlisted
Population:
Unlisted
Household Income:
Unlisted
Traffic Counts:
Unlisted
County:
Unlisted
Zoning:
Unlisted
Market:
Unlisted
Submarket:
Unlisted
Lot:
Unlisted
Block:
Unlisted
Building Size (SF):
Unlisted
Net Rentable Area (SF):
Unlisted
Number Of Floors:
Unlisted
Number Of Units:
Unlisted
Year Of Building:
Unlisted
Year Of Renovation:
Unlisted
Vacant SF (SF):
Unlisted
Price/SF ($/SF):
Unlisted
Parcel Number:
Unlisted
Tenancy Type:
Unlisted
Construction Status:
Unlisted
Construction Type:
Unlisted
Sprinkler:
Unlisted
Owner Occupied:
Unlisted

Property Description

Nicollet Plaza Grocery-Anchored Retail Building

200-300 East Travelers Trail

Burnsville, Minnesota 55337

In-Place NOI: $729,191

Stabilized NOI: $888,444

Retail Building NOI: $645,432

Colliers International | Minneapolis-St. Paul has been exclusively retained by Nicollet Plaza LLC to offer for sale Nicollet Plaza Shopping Center located in Burnsville, Minnesota, a suburb of Minneapolis-St. Paul. The offering includes a 83,556 square foot retail center that is 100% occupied and is anchored by Cub Foods, the Twin Cities dominant grocer, operating under a ground lease with rent increases every five years. In addition, the offering includes a Bank Building of 20,653 square feet, located on an outlot from the retail building. The retail building and bank building are offered together but can be purchased separately.

The Seller has elected to offer Nicollet Plaza without a listing price. Offers are due on or before March 21, 2012.

Please contact Bob Pounds to arrange a tour of the property and market.

CONTACT US:

Bob Pounds

Direct 952 897 7753

Fax 952 842 7753

bob.pounds@colliers.com

__________________

Tim Prinsen

Direct 952 897 7748

Fax 952 842 7748

tim.prinsen@colliers.com

__________________

Amy Senn

Direct 952 897 7833

Fax 952 842 7833

amy.senn@colliers.com

COLLIERS INTERNATIONAL

Minneapolis-St. Paul

900 Second Ave S

Suite 550

Minneapolis, MN 55402

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