Woodbury, MN Commercial Property for Sale

Woodbury, MN Commercial Real Estate & Properties

Woodbury, Minnesota, is a thriving commercial real estate market. The city has one of the highest per capita incomes in the United States, and its population continues to grow rapidly. This has led to an increase in demand for commercial property, especially Class A office space. As a result, Woodbury is experiencing rapid development, with new office towers and retail centers popping up all over the city.

Woodbury, Minnesota's History

Woodbury, Minnesota, was founded in 1859, previously called Red Rock after Dakota Chief Little Crow's iconic stone. Judge Levi Woodbury of New Hampshire provided the city with its current name and was a friend of the first town board chairman. In the mid-1800s, early settlers from various countries began to arrive in Woodbury; Eastern United States states, Germany, Ireland, Sweden, Switzerland, Scotland, and Denmark were among them. From these beginnings, today's city has grown with residents contributing to it that undoubtedly form part of its character and identity - for which all can be proud.

Woodbury, Minnesota's Demographics

Woodbury is a city of immense diversity in Minnesota, boasting a population of 77,730 as of 2020. Its population has grown since the last census was taken in 2020, increasing by 3.50% overall. The city covers 36 miles, and each square mile contains an average of 2228 people. Woodbury's growth rate is 1.72%, significantly higher than the national average. This robust growth demonstrates the town's incredible potential fueled by its multi-dimensional and highly diverse citizens.

Woodbury, Minnesota, is a vibrant city with a diverse demographic makeup. 78.04% of the population is White, 10.97% is Asian, and 5.97% is Black or African American. Representing 3.81%, two or more races live in Woodbury, 0.90% belong to another race, 0.24% are Native American, and just 0.07% are Native Hawaiian or Pacific Islanders. The city's population provides a fascinating cultural background for those who live here and work together to create an intense community atmosphere.

Woodbury, Minnesota's Geographic Makeup

Woodbury is located in the United States and has a total area of 35.56 square miles. It is bordered on the north by Interstate 94, the south by 60th Street South, the west by Century Avenue, and the east by Manning Avenue. The elevation of the city is 1,063 feet above sea level. The town is between the Mississippi and St. Croix Rivers and contains several small lakes, including Powers, Wilmes, Colby, Carver, and Battle Creek. Battle Creek is the source of the Battle Creek river, which flows into the Mississippi River in Saint Paul.

Woodbury, Minnesota‘s Economy

Woodbury, Minnesota, is considered one of the top cities in the United States. As a result, it has been praised for its steady economy, which boasts an average household income of $134,538 with a notably low poverty rate of 5.49%. With median rental costs and house values being some of the highest in the country, this city is also known for its stunning residential areas. The median age for residents in Woodbury stands at 37.9 years; this number breaks down to 36.1 years for males and 38.8 years for females - demonstrating both population stability and longevity amongst its citizens.

Woodbury, Minnesota's Employment

Woodbury, Minnesota, is a vibrant city that offers diverse employment opportunities. The most popular fields in the city's job market are management, office and administrative support, and sales. Together, these three categories account for more than 14,000 jobs in the area. Woodbury's employment opportunities attract ambitious individuals seeking stable work and opportunities for career growth. It is no surprise that the city is often called the "Land of Opportunity" due to its many exciting job prospects.

Why Commercial Real Estate In Woodbury, Minnesota?

Woodbury, Minnesota, is an attractive place to invest in commercial real estate. Its economy is robust and diverse, providing many opportunities for savvy investors. With its steady population growth, the city offers a variety of businesses looking for the right location to set up shop. In addition, numerous amenities in Woodbury make it an ideal place to do business. If you're considering investing in commercial real estate in Woodbury, Minnesota, you can rest assured that your investment will be sound and potentially bring profitable returns. Woodbury's solid population base, stable economy, and attractive amenities will remain an excellent destination for businesses and investors. It's no wonder why so many have chosen to call it home!