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8484 Tamarack Rd 8484 Tamarack Rd

7,486 SF 100% Leased Retail Building Woodbury, MN 55125 £1,739,476 (£232/SF) 7.50% Net Initial Yield

Investment Highlights

  • This retail center is 100% leased to Original Mattress Factory, National Karate, and Tobacco Zone.
  • Properties in the nearby area include Whole Foods, The Home Depot, Nordstrom Rack, PetSmart, Bed Bath & Beyond, Dick’s Sporting Goods, and more.
  • 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.
  • This property is well located adjacent to Tamarack Village, one of the Twin Cities most successful shopping centers for daily needs.
  • Affluent area with strong demographics with a population of 160,867 and average household income of $137,161 within a 5-mile radius.

Executive Summary

Operating Expenses including taxes and insurance budget $62,993.95. Passed through to tenants (see lease.)
Rent Roll to be provided with a signed Confidentiality Agreement.

Attachments

CoStar MP

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,486 SF
Building Class
C
Year Built
1996
Price
£1,739,476
Price Per SF
£232
Net Initial Yield
7.50%
NOI
£130,461
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.16
Land Acres
1.06 AC
Frontage
100 ft on Tamarack Rd

Amenities

  • Signage
  • Signalised Intersection

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • National Karate
  • -
  • -
  • -
  • -
  • The Original Mattress Factory
  • -
  • -
  • -
  • -
  • Tobacco Zone
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
National Karate - - - -
The Original Mattress Factory - - - -
Tobacco Zone - - - -

Links

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8484 Tamarack Rd, Woodbury, MN - aerial map view - Image1
8484 Tamarack Rd, Woodbury, MN - aerial map view - Image2

Nearby Major Retailers

Corepower Yoga
ALDI
Life Time Fitness
Huntington National Bank
Cub Foods
WW
Stretch Lab
Pei Wei
Bank of America
Cafe Zupas

PROPERTY TAXES

Parcel Number 04-028-21-31-0010 Improvements Assessment £1,038,402
Land Assessment £470,175 Total Assessment £1,508,577

PROPERTY TAXES

Parcel Number
04-028-21-31-0010
Land Assessment
£470,175
Improvements Assessment
£1,038,402
Total Assessment
£1,508,577
(612) 332-6600

  • Listing ID: 31289785

  • Date on Market: 07/09/2023

  • Last Updated:

  • Address: 8484 Tamarack Rd, Woodbury, MN 55125

The Retail Property at 8484 Tamarack Rd, Woodbury, MN 55125 is currently available For Sale. Contact Upland Real Estate Group, Inc. for more information.

Nearby Listings

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© 2024 CoStar Group

8484 Tamarack Rd | 8484 Tamarack Rd
(612) 332-6600 x

8484 Tamarack Rd | 8484 Tamarack Rd

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Keith Sturm

(612) 332-6600

(612) 332-6600

Amanda Leathers

(612) 436-0045

(612) 436-0045

Deborah Vannelli

(612) 376-4475

(612) 376-4475

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