For Sale 923—8th Street (County Rd 50 & Hwy 3), Farmington, MN
41,223 Total SF
13,212 SF available for lease
4.46 Acre Site
9,100 cars/day on Hwy 3 & 6,300 cars/day on CR-50
Zoned B-1
Gross leases in place—utilities paid by tenants
9,100 vpd
6,300 vpd
This property is being offered as:
A Strip Mall For Sale or;
A Redevelopment Opportunity
For more information, contact: Bruce Rydeen 952.469.9444
[email protected] Visit our website to view this property in more detail or other properties Cerron has available at: www.CERRON.com
Creating Property Solutions For You… With You The information contained herein is deemed reliable but is not guaranteed. We have not verified its accuracy nor do we make any warranty or representation about it. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
Property Data 923—8th Street (County Rd 50 & Hwy 3), Farmington, MN Building Size
41,223 SF Total 35,750 SF Main Floor (Mall) 3,100 SF Second Floor (Mall) 2,373 SF Detached Restaurant
Site Size
4.46 Acres
Year Built
1960 Remodeled 2002, 2004, 2012
Zoning
B-1 (Highway Business)
Dakota County PID#
14-77025-04-010
Real Estate Taxes
$29,435 (2015)
Sale List Price
$900,000
Lease Tenant and Rental Income Summary available upon request.
Demographics 1 Mile
3 Mile
5 Mile
6,524
7,448
20,616
Average HH Income
$57,279
$63,501
$64,865
Median HH Income
$53,892
$56,028
$57,903
Population
Pylon Signage
Retail Strip Mall
Restaurant
Creating Property Solutions For You… With You The information contained herein is deemed reliable but is not guaranteed. We have not verified its accuracy nor do we make any warranty or representation about it. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
Aerial View 923—8th Street (County Rd 50 & Hwy 3), Farmington, MN
Creating Property Solutions For You… With You The information contained herein is deemed reliable but is not guaranteed. We have not verified its accuracy nor do we make any warranty or representation about it. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
Bird’s Eye View 923—8th Street (County Rd 50 & Hwy 3), Farmington, MN
Creating Property Solutions For You… With You The information contained herein is deemed reliable but is not guaranteed. We have not verified its accuracy nor do we make any warranty or representation about it. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
Floor Plans 923—8th Street (County Rd 50 & Hwy 3), Farmington, MN
Creating Property Solutions For You… With You The information contained herein is deemed reliable but is not guaranteed. We have not verified its accuracy nor do we make any warranty or representation about it. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
Site Details 923—8th Street (County Rd 50 & Hwy 3), Farmington, MN
Location: The Farmington Mall is located at the intersection of Hwy 3 and County Road 50 in Farmington, Minnesota, a suburb of the Twin Cities of Minneapolis and St. Paul. Farmington has a population of 21,086. Farmington has seen significant redevelopment in the past five years along Hwy 3 to include: restaurants, daycare facilities, medical clinics, and more. There is great potential for this site.
For more information, contact: Bruce Rydeen 952.469.9444
[email protected] Visit our website to view this property in more detail or other properties Cerron has available at: www.CERRON.com
Creating Property Solutions For You… With You The information contained herein is deemed reliable but is not guaranteed. We have not verified its accuracy nor do we make any warranty or representation about it. You and your tax and legal advisors should conduct your own investigation of the property and transaction.