Retail Spaces in Pennington
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Popular searches around Pennington
Reonomy attracts a large community of Pennington commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in retail spaces.
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Pennington retail space sold prices and values
| Values and sold prices (last 24 months) | United States | Minnesota | Pennington |
|---|---|---|---|
| Average price/sqft | -- | -- | -- |
| Average sold price | $1,552,006 | $1,153,496 | -- |
| Median sold price | $193,770 | $231,745 | -- |
| Number of sales | 219,332 | 3,467 | -- |
| Number of sales over $250k | 101,076 | 1,678 | -- |
| Number of sales over $1m | 48,775 | 641 | -- |
| Number of sales over $10m | 4,980 | 64 | -- |
| Average total tax amount | $17,058 | $24,140 | -- |
| Average assessed value | $698,380 | $772,032 | -- |
| Average market value | $911,059 | $772,297 | -- |
Pennington retail space property averages
| Property averages | United States | Minnesota | Pennington |
|---|---|---|---|
| Average lot size | 498,649 sf | 85,314 sf | -- |
| Median lot size | 19,908 sf | 17,520 sf | -- |
| Average building area | -- | -- | -- |
| Median building area | -- | -- | -- |
| Median year built | 1972 | 1970 | -- |
| Average number of units | 16 | 19 | -- |
| Median number of units | -- | 4 | -- |
Pennington retail space total supply
| Supply | United States | Minnesota | Pennington |
|---|---|---|---|
| Number of parcels | 1,929,401 | 25,366 | -- |
| Aggregate lot acerage | 37,915,623 | 37,323 | -- |
| Aggregate building area | -- | -- | -- |
| Aggregate units | 7,565,775 | 38,993 | -- |
Pennington retail space industrial mortgages
| Debt | United States | Minnesota | Pennington |
|---|---|---|---|
| Number of mortgages | 2,989,217 | 43,292 | -- |
| Average value of mortgages | $18,986,670 | $8,429,210 | -- |
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