Woodbury, Minnesota, offers a unique opportunity for investors to capitalize on the city's growing commercial real estate market. With a population of approximately 75,000 residents, Woodbury provides a stable and diverse economic base, making it an attractive location for businesses and investors alike. Commercial real estate in Woodbury encompasses a range of properties, including office buildings, retail spaces, and industrial facilities, offering investors a variety of options to suit their needs. The city's strong infrastructure, including Interstate 94 and major roads like 60th Street South and Century Avenue, provides easy access to the Twin Cities metropolitan area and beyond. Additionally, Woodbury's highly rated school district, South Washington County School District, and its proximity to institutions like Rasmussen College–Lake Elmo / Woodbury campus, make it an attractive location for businesses and families alike. The city's natural amenities, including its numerous lakes and parks, also contribute to its desirability. With a range of cultural events, including the annual Woodbury Days, and its proximity to major employers like State Farm Insurance and 3M, Woodbury is an excellent choice for businesses and investors looking to establish a presence in the Twin Cities area.
Currently, there are 25 commercial real estate listings available in Woodbury, offering a range of options for investors. The average price per square foot for commercial real estate in Woodbury is $198 USD, with an average property size of 53,487 square feet. The largest property available is 476,928 square feet. In addition to commercial real estate, Woodbury also offers a range of other property types, including industrial properties, which are ideal for businesses requiring large spaces for manufacturing or distribution. Apartment buildings are also available, offering investors the opportunity to capitalize on the city's growing rental market. Office properties, including those in the downtown area, provide a range of options for businesses looking to establish a presence in the city. Hotels, including those near major highways and attractions, offer investors the opportunity to capitalize on the city's tourism industry. With its strong economy, excellent infrastructure, and range of amenities, Woodbury is an excellent choice for businesses and investors looking to establish a presence in the Twin Cities area.
What financing options are available for purchasing commercial real estate?
When it comes to financing options for purchasing commercial real estate in Woodbury, Minnesota, there are several alternatives to consider, including:
- SBA 504 loans, which offer fixed-rate financing for up to 20 years with a low down payment, ideal for owner-occupied properties;
- Conventional commercial mortgages, providing flexible terms and competitive interest rates for a wide range of property types;
- Private money lending, offering short-term, high-interest loans for fix-and-flip projects or other non-traditional financing needs.
How do cap rates factor into commercial real estate purchases?
When considering commercial real estate purchases in Woodbury, Minnesota, cap rates play a crucial role in determining the potential return on investment. With an average cap rate of 6.26%, investors can gauge the property's potential income generation and make informed decisions; to learn more about cap rates, check out our article on what is a cap rate.
In Woodbury, where there are 25 available listings of commercial real estate, understanding cap rates is essential for investors to evaluate properties with average prices per square foot of $198 USD and average sizes of 53,487 square feet, ranging up to 476,928 square feet.
What is considered a commercial property?
In Woodbury, Minnesota, a commercial property is typically defined as a building or land used for business or commercial purposes, such as office spaces, retail stores, restaurants, warehouses, and other types of properties that generate income. With 25 available listings of commercial real estate in Woodbury, investors and business owners have a range of options to choose from, with average prices per square foot of $198 USD and average sizes of 53,487 square feet, up to a maximum size of 476,928 square feet.
