Retail Space Located Off Highway 52

433 Mendota Rd E East Mendota Road West Saint Paul, MN 55118

433 Mendota Rd E East Mendota Road , West Saint Paul, MN, 55118
433 Mendota Rd E East Mendota Road , West Saint Paul, MN, 55118
FOR LEASE
Property Type:
Strip Center
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Feb 26, 2025

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Daily Blasts Dates

Feb 26, 2025 16:16:43



Retail Space Located Off Highway 52 Highlights and Features: • Freeway visibility and directly off Hwy 52 • 1/2 mile north of I-494 • Minutes from downtown St. Paul • Close to Inver Grove Heights • Surrounded by residential apartments and single-family homes • Great mix of successful businesses • On bus line • Pylon signage available • Parking: 115 spaces • Area Tenants: American Red Cross, Early Learning and Family Resource, Southview Acres Health Care Center, Southview Country Club • Join co-tenants OSI Physical Therapy, The Village Market, Blvd Bar & Grille, Farmers Insurance, Frutilandia, Foot Spa, & Fox Tail Cuts, Wiggles & Wags Pet Salon, Marathon Gas & Tobacco Demographics and Traffic Counts: • Average Household Population: 1 mile - 5,665, 3 miles - 44,805 and 5 miles - 92,500 • Average Household Income: 1 mile - $61,473, 3 miles - $65,983 and 5 miles - $69,998 • Traffic Counts: E Mendota Road - 16,900 vpd, Oakdale Avenue - 9,300 vpd, and Lafayette Freeway/Hwy 52 - 56,396 vpd Space Available: • Suite 14: 2,200 sf • Suite 16-17: 2,040 sf • Suites 14, 16 and 17: 4,240 sf contiguous • HVAC Maintenance: $12.96/month per unit • 2025 CAM: $6.25 psf and Tax: $4.14 psf • Lease Rate: $14.00 psf - $15.00 psf NNN

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Map of 433 Mendota Rd E East Mendota Road , West Saint Paul, MN, 55118

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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.