9600 Garland Lane North Retail
  • Asking Price
    $8.6MAsking Price
  • Cap Rate
    7%Cap Rate
  • Gross Leasable Area
    11,635 SFGross Leasable Area
  • Traffic Count
    102822Traffic Count
  • NOI
    $599KNOI
  • Built
    2026Built

Description

9600 Garland Lane North is an 11,635 SF retail property for sale in Maple Grove, MN 55311. Built for The Gardner School in 2026, it pairs a defined tenant purpose with a newly built property and a stated income profile.

The Property has 11,635 SF of gross leasable area on 1.42 acres, with 44 parking spaces. For a buyer, those details establish the scale of both the building and its site without relying on the building area alone to describe the asset. A traffic count of 102,822 AADT adds a measure of passing activity relevant to the retail setting. The Absolute Net lease type is also central to the ownership story: it identifies the lease structure behind the income rather than treating the building’s physical characteristics as the entire investment case.

Offered at an asking price of $8,560,000, 9600 Garland Lane North carries NOI of $599,203 and a 7% cap rate. Those figures give an investor a direct basis for reviewing the acquisition alongside the property’s building size, site area, parking and 2026 construction. The opportunity is a retail investment built for a specific occupant, with its income metrics and Absolute Net lease type defining the sale as clearly as its physical footprint.

Offering Summary

  • Asking Price
    $8,560,000
  • Property Type
    Retail
  • Size
    11,635 SF
  • Properties
    1
  • Built
    2026
  • Parking
    44
  • Total Acres
    ~1.42 ac

Sale Details

  • Cap Rate
    7.0%
  • NOI
    $599,203

Documents

Property Address

9600 Garland Lane North
Maple Grove, MN 55311

Property Details

  • Property Type
    Retail
  • Square Feet
    11,635 SF
  • Year Built
    2026
  • Total Parking
    44
  • Lease Type
    Absolute Net
  • Gross Leasable Area
    11,635 SF
  • Traffic Count
    102,822 AADT
  • Acres
    1.42

Deal Team

John Andreini profile image

John Andreini

Partner, Executive Committee
CP Partners