Crow River Plaza - For Sale
Location:Address: 21897 Diamond Lake Road South
Postal code/ZIP: 55374
Details:Asking Price: $2,350,000.00
Square Footage: 14,843
For Sale - Crow River Plaza
Rogers is a rapidly expanding area which is situated 30 miles northwest of the Minneapolis downtown area on Interstate 94 and just nine miles from the Interstate 494/694 loop. Area growth has been steady in the past six years and the area retail market continues to remain healthy. Census data states the population in Rogers has increased over 113% since 2000. This growth is expected to continue over the next five years at a rate of 10% per year. Interstate 94 which extends through the city of Rogers, provides the major traffic artery through the city. Highway 101 is a four lane highway extending north from Interstate 94 to the city of Elk River and beyond. Highway 101 carries a major portion of the traffic in and out of the immediate area of the property.
Rogers is located near the northern border of Hennepin County and is surrounded by the communities of Hassan Township, Dayton, St. Michael and Albertville. Close proximity to the Twin Cities Metro Area, easy highway access and expanding residential population will provide the economic base for expanding commercial and retail uses in the vicinity of this high traffic interchange.
Property: Crow River Plaza
Address: 21897 South Diamond Lake Road – Rogers, MN 55374
Land Area: 2.72 acres
Parking: 86 spaces.
Year Built: 2004
Builder: Ryan Construction
Rentable Area: 14,843 sq. ft.
Occupied Area: 12,777 sq. ft.
Occupied Percentage: 86%
Contact Brian Musech for more information