Retail W Minnesota

Mid-America Real Estate sells Minnesota auto mall

Mid-America Real Estate sells Minnesota auto mall,ph01

Mid-America Real Estate – Minnesota recently brokered the investment sale of Burnsville Auto Mall in Burnsville, Minnesota. The 30,157-square-foot multi-tenant retail center was purchased by a local investor for $3.3 million.

Burnsville Auto Mall is located just south of the Burnsville Center regional mall along Southcross Drive and I-35W in the city of Burnsville. The project consists of five national and local tenants and is 95 percent occupied.

Mid-America Real Estate – Minnesota Principal Mark Robinson was the exclusive listing broker on the transaction representing the seller, a local investor. The buyer, also a local investor, was represented by Brian Netz of Newmark Knight Frank.