This document provides information about a 95,000 square foot former Home Depot building for sale in Cottage Grove, Minnesota. Located on a prominent retail corridor, the $6.7 million property serves as an anchor for a community center and is in an area with many other major retailers. With its desirable location and pro-business city leadership, the seller views the property as a redevelopment opportunity for junior box retailers interested in the market. Accompanying information includes site plans, photos, and demographic reports about the trade area.
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Home Depot, Cottage Grove, Mn
1. Griffin Companies Home Depot
FOR SALE
HOME DEPOT SURPLUS BUILDING
Cottage Grove, Minnesota
Exclusive Agents
Linda Zelm, SCLS Suzie Rettinger
Vice President - Retail Services Associate - Retail Services
612-904-7831 612-904-7823
lzelm@cbcgriffin.com srettinger@cbcgriffin.com
Coldwell Banker Commercial Griffin Companies
615 First Avenue N.E., Suite 500
Minneapolis, MN 55413
www.cbcgriffin.com
Cottage Grove, MN 55016
2. HOME DEPOT SURPLUS BUILDING
Disclaimer
Statement of Confidentiality
CONFIDENTIAL MARKETING INFORMATION
June 2, 2008
This package and the information it contains is a confidential document.
Duplication or distribution of this package or any information contained herein
without the express written permission of Coldwell Banker Commercial Griffin
Companies or Home Depot, Inc. is expressly forbidden.
NOTICE: The information in this package and any supplemental information
subsequently provided has been given to Coldwell Banker Commercial Griffin
Companies by the property’s owner or obtained from public sources we deem
reliable. While we have no reason to doubt the accuracy of the information
profiling the property, we do not guarantee it and it is your responsibility to
independently confirm its accuracy to your satisfaction
Cottage Grove, MN 55016
3. HOME DEPOT SURPLUS BUILDING
Table of Contents
I. Introduction
II. Offering Summary
II. Site Photos
III. Location Aerial and Maps
• Aerial
• Floor (Fixture) Plan
• Site Plan
IV. Demographic Reports
Cottage Grove, MN 55016
4. HOME DEPOT SURPLUS BUILDING
Cottage Grove, Minnesota
- Introduction -
Having recently decided to close this location, Home Depot is offering the
building for sale. Built in 2002, this 95,000 square foot big box is located in the
heart of the retail activity in this Twin Cities expanding suburb southeast of St.
Paul on State Highway 61 at the 80th Street exit.
The building serves as an anchor for a community center with Rainbow Foods
as its second anchor and various shops in-between. The immediate area is
home to Kohl’s Department Store, MGM Liquor, Walgreens, TCF Bank and other
major retailers.
Several junior box retailers have expressed interest in this market making the
property a possible redevelopment opportunity. With its “Main and Main”
location and a pro-development city administration, this property is ready to
be sold.
Cottage Grove, MN 55016
5. HOME DEPOT SURPLUS BUILDING
- Offering Summary -
Address Former Home Depot Building
7210 East Point Douglas Road South
Cottage Grove, MN 55016
Trade Area The property is located at the 80th Street exit of State
Highway 61. The customer draw starts on the north at the
intersection of Hwy 61 and Interstate 494 in Woodbury and
continues south to the City of Hastings, running along the
Mississippi River and Minnesota’s border with Wisconsin.
Property -Store #2819
-95,096 Square Feet of Gross Building Area
-18,629 Square Feet of Garden Center Area
-9.89 Acres of land
Price $6,700,000
Real Estate Taxes $214,328 Payable in 2008
Possession Immediate, upon closing of escrow.
Cottage Grove, MN 55016
6. HOME DEPOT SURPLUS BUILDING
- Map of Location -
SITE
Cottage Grove, MN 55016
7. HOME DEPOT SURPLUS BUILDING
- Aerial View -
Subject
Cottage Grove, MN 55016
8. HOME DEPOT SURPLUS BUILDING
- Traffic Count Map -
Cottage Grove, MN 55016