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Investment Details

Price: $2,457,734 Location: Bloomington, MN
Cap Rate: 5.00% Lease Type: Ground Lease
NOI: $122,887 Lease Expiration: December 2025
Demographic Information (5-Mile Radius)
2021 Population: 227,127
2026 Population: 234,585
2021 Average Household Income: $128,478
2021 Median Household Income: $90,436
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

DOUBLETREE PARKING LOT GROUND LEASE

Bloomington | Minnesota
Highlights
• The hotel has leased this parking lot for over 42 years on a ground lease.
• Ideally located less than 10 minutes from Mall of America, and the MSP Airport.
• Bloomington is home to Mall of America, the largest mall in the U.S. with 40 million visitors a year
• Excellent demographics with a population of 67,899 within a 3-mile radius.
• Bloomington is the 4th largest city in Minnesota and has a workforce of 84,000 employees.
• Drone Video: https://www.youtube.com/watch?v=vzw-orXWvZ4

DOUBLETREE PARKING LOT GROUND LEASE

Bloomington | Minnesota

Highlights
• The hotel has leased this parking lot for over 42 years on a ground lease.
• Ideally located less than 10 minutes from Mall of America, and the MSP Airport.
• Bloomington is home to Mall of America, the largest mall in the U.S. with 40 million visitors a year
• Excellent demographics with a population of 67,899 within a 3-mile radius.
• Bloomington is the 4th largest city in Minnesota and has a workforce of 84,000 employees.
• Drone Video: https://www.youtube.com/watch?v=vzw-orXWvZ4

Investment Details

Price: $2,457,734
Location: Bloomington, MN
Cap Rate: 5.00%
Lease Type: Ground Lease
NOI: $122,887
Lease Expiration: December 2025
Demographic Information (5-Mile Radius)
2021 Population: 227,127
2026 Population: 234,585
2021 Average Household Income: $128,478
2021 Median Household Income: $90,436
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489