Cedar Point Commons

1700 East 66th Street, Minneapolis, MN 55423

Property Information

  • For Sale $4,930,000
  • Property Type Retail - Street Retail
  • Lot Size 1.01 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2007
  • Date Updated Aug 5, 2026

Description

Northwest quadrant of Highway 77 (Cedar Avenue) and 66th Street East, with a full interchange to Highway 77Cedar Point Commons (the “Property”) is a multi-tenant retail center, part of the Cedar Point Commons development, a 350,000 square foot community center anchored by Target and Home Depot and located in the densely populated first-ring suburb of Richfield, MN.

Highlights

  • ADJACENT TO MINNEAPOLIS-ST. PAUL INTERNATIONAL AIRPORT - Located next to one of the nation’s busiest airports, serving 37+ million annual passengers
  • AFFLUENT CONSUMER BASE - Average household income exceeds $144,000, with more than 20% of household earning over $200,000 annually within three miles.
  • and supporting significant daytime demand.
  • customer visits.
  • DENSE INFILL LOCATION WITH HIGH BARRIERS TO ENTRY - Established first-ring suburban trade area with limited land available for future retail development.
  • INTERNET-RESISTANT, DAILY-NEEDS TENANT MIX - Diversified lineup of service, restaurant, healthcare, and telecommunications tenants that generate recurring
  • LESS THAN FIVE MINUTES FROM MALL OF AMERICA - Benefits from proximity to one of the country’s premier retail and entertainment destinations, attracting 30+ million visitors annually.
  • PROVEN SOUTH METRO RETAIL CORRIDOR - Serves dense South Minneapolis and first-ring suburban neighborhoods with established retail demand and strong long-term consumer spending.
  • RECENT LEASING MOMENTUM - Over the past year, Noodles and River Parkway Chiropractic extended their leases and Xfinity signed a new lease.
  • SHADOW ANCHORED BY A TOP-PERFORMING TARGET - Ranked #8 of 70 Minnesota locations and within the top 2.5% nationally, generating exceptional customer
  • traffic and reinforcing the strength of the retail corridor.

Contacts

Location

Located at 1700 East 66th Street, Minneapolis, MN 55423, this property is part of the Richfield neighborhood and Minneapolis St Paul market.

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