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2112 Maple Grove Rd
Duluth, MN 55811 Duluth Heights

$7,496,000 USD

Storefront For Sale  •  14,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 14,000 SF
  • Lot Size 1.93 AC
  • Year Built 2014
  • Cap Rate 6.25 %
  • Tenancy Multiple
39 Transit Score
54 Walk Score

Highlights

Highly successful retail center with long term tenancy
National retail brands featuring Panera Bread, Verizon, Vitamin Shoppe and Sleep Number
BELOW MARKET RENT WITH STRONG POTENTIAL TO INCREASE NOI
Minimal landlord management obligations
Directly “in the heart” of Duluth’s primary retail market surrounded by many national retailers
Adjacent to Simon’s Miller Hill Mall – the dominant shopping destination for the region

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Panera Bread 4,509 SF
Sleep Number 3,352 SF
Verizon 3,700 SF
Vitamin Shoppes 2,439 SF

Public Transportation

AirportDriveWalkDistance
Duluth International 14 min - 5.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 66
Type: Surface
Included in Rent: Yes
Ray Romano 407-808-1657 CBRE, Inc.
Ray Romano 407-808-1657 CBRE, Inc.