Edina, MN Retail Property For Sale

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Retail for Sale

Edina, MN 55435

➤A 1031 | DST Investment Opportunity Suitable for

Multiple 1031 Exchange Investors

➤Opportunity to Capture Significant Bonus Depreciation

Loan to Value Ratio: 58%

➤Anticipated First Year Cash on Cash: 6.00%

➤Anticipated Investment Holding Period: 10+ years.

➤$50,000 Minimum Equity Investment

➤Flagship Store

➤Marquee Location

➤Absolute NNN (No Landlord Responsibilities)

➤Creditworthy Tenant

➤NYSE: RH Market Cap +/-$6 Billion (08.07.2020)

➤Lease Term: 20 Years

➤Link to Offering:

(Copy and Paste into Your Browser)

https://legacyofferings.com/

The RH | Minneapolis property is located in the CIty of

Edina, MN. Edina is an affluent first-ring suburb just south of Minneapolis and boasts some of the Twin Cities' highest concentration of household wealth and annual household incomes. The freestanding luxury retail RH Property is situated at the "main & main" corner and entrance to Southdale Center, a super-regional mall, and is immediately across the street from The Galleria of Edina, a shopping center that features a collection of the worlds finest luxury brands, restaurants, and a Westin Hotel & Residence. France Avenue is the main North / South thoroughfare that connects the heart of Edina's shopping and commerce districts with its residents and area freeway system. Edina is considered one of the most desirable suburbs in the Minneapolis-St. Paul metro area.

Retail for Sale

Edina, MN 55436

PROPERTY OVERVIEW

Existing long term auto mechanic building located on high daily traffic road in the

heart of Edina.

NW quadrant of Edina, north of Crosstown/Hwy. 62 on Vernon Avenue located between Blake Road & Tracy Avenue near Bredesen Park.

Excellent Highway access: Hwy's 62, 169, and 100 within <1-2 mins drive any way.

Commercial redevelopment opportunity located within heavy single and medium density residential areas, great walk-ability.

Unique parcel with tremendous drive-by advertising in high visibility area, currently two (2) in & out lot curb-cuts, great parking.

** Private Showings ONLY, no showings during normal business hours. **

PROPERTY HIGHLIGHTS

• Excellent West Edina PCD-4 (Planned Commercial District) redevelopment

opportunity;

• One of the only remaining commercial parcels available in Edina 55436;

• Drive count: 10,000+ daily traffic (2018);

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