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Last updated on July 19th, 2024

Caribou | T-Mobile | Walgreens | Jimmy Johns


7940-7950 Penn Avenue South, Bloomington, Minnesota 55431

Building Size22,520 Square Feet
Land Size2.26 Acres
Year Built2006

• The Caribou Coffee/T-Mobile/Walgreens/Jimmy John’s Center is 100% leased with 3 Corporate tenants including Caribou Coffee, T-Mobile, Walgreens, and a large 41-unit Jimmy John’s franchisee. All original tenants with multiple renewals.
• Assumable financing: $5,186,532 @ 4.15% Interest Rate, 20 years fully amortizing through February, 15, 2035.
• Low rent to sales.
• Generational ownership location situated across from Best Buy Corporate Headquarters Campus, with 7,500+ employees and conveniently located off I-494 with daily traffic counts of 157,704 vehicles per day.
• Located on an outlot to Target and Hobby Lobby with neighboring retailers such as Chick-Fil-A, Fresh Thyme, McDonald’s, Petco, TJMaxx, Kohl’s, Huntington Bank, Bank of America, Wendy’s and more.
• Located only minutes from MSP International Airport, Mall of America, Southdale Mall, Galleria, and Downtown Minneapolis.
• Exceptional demographics, with a 5-mile population of 240,840 and average household income over $151,000.
• Bloomington is home to the iconic Mall of America, welcoming approximately 40 million visitors each year. The Mall offers over 500+ stores, along with a variety of attractions and entertainment. The MSP International Airport, named the Best Airport in North America for the second straight year through the Airports Council International program, is Delta Airlines 2nd Largest Hub and Sun Country Airlines Hometown Carrier.

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The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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