Property Listing No Longer Available for Sale

215 N Central Avenue, Duluth, MN

Retail for Sale - $3,038,000 - 70,850 Sq. Ft. on 6.19 acres


Property Info

CIMLS#1025315
Location
  215 N Central Avenue
  Duluth MN 55807
UpdatedApril 23rd, 2019
TypeRetail
Price$3,038,000
Building70,850 Sq. Ft.
Land6.19 acres

Property Description

Wakota Commercial Advisors in conjunction with Marcus & Millichap is pleased to exclusively present for your acquisition review Spirit Valley Mall. A shopping center comprised of 1 buildings totaling 64,052 square feet in Duluth, Minnesota. The center is positioned at the intersection of I-35 & Central Ave. With Great visibility, and tenancy.

Spirit Valley Mall is currently 99.5 percent occupied with 1 unit with a total of 837square feet of releasable vacancy along with 4 tenants on month to month basis totaling 6,881square feet of possible upside. The tenant base consists of a complimentary mix of local tenants and National tenants (Dollar Tree, USPS, Anytime Fitness, Cost Cutters) that provides consumers with a wide range of products and services including restaurants, discount goods, and much more. Along with the Spirit Valley Mall, additional retail traffic drivers within the area include McDonalds, Menards, Super One Foods, Laura MacArther Elementary School, CVS, Taco Johns, Walgreens, Whole Foods, and Arby


Financials