Free Standing Retail Building For Sale or Lease

7009 Jorgensen Lane S Cottage Grove, MN 55016

7009 Jorgensen Lane S, Cottage Grove, MN, 55016
Building Photo
7009 Jorgensen Lane S, Cottage Grove, MN, 55016
Property Type:
Free Standing Building
Please Call Broker for Price

Cap Rate:
Last Verified:
Sep 27, 2022

Free Standing Retail Building For Sale or Lease Highlights and Features: Former meat and deli Adjacent to The Shoppes at Almar Village and Holiday Station Store Parking: 6 designated spaces with cross easements Built-in fireplace 2 ADA bathrooms 2 entry doors, 1 delivery door 3 walk-in refrigeration/freezers/3 compartment sink Equipment available for purchase Enclosed trash containers, and shed .45 Acres Zoning: PUD Year Built: 2005 PID: Area tenants: Holiday Station, Carbone’s, Subway, Edina Realty, Target, Cub, Menards, Aldi, Taco Bell, Country Inn & Suites, and Walmart Demographics and Traffic Counts: • Average Household Population: 1 mile - 1,341, 3 miles - 16,951, and 5 miles - 42,328 • Average Household Income: 1 mile - $101,296, 3 miles - $97,115, and 5 miles - $96,282 • 70th Street S - 5,300 vpd, Hwy 19 - 7,443 vpd Available For Sale or Lease: • 4,000 SF • 2022 Tax: $21,724.00 • Sale Price: $800,000.00 • Lease Rate: Negotiable

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.