Sears Space at Mall of America Leasehold Listed for Sale
The owner of the Sears space at the Mall of America, which has a lease costing $10 per year, is putting the property on the market.
Minneapolis St. Paul, MN, August 11, 2026 —
The leasehold for the former Sears space at the Mall of America, operating under a lease agreement with an annual cost of $10, has been put up for sale.
The property, a significant retail footprint within the renowned shopping destination, is now available on the market. The owner’s decision to sell comes as the lease terms remain exceptionally low, with an annual rent of just $10.
Details regarding the current owner or the specific entity marketing the leasehold were not immediately available. The Mall of America, located in Bloomington, Minnesota, is one of the largest shopping and entertainment complexes in the United States.
The former Sears store occupied a substantial portion of the mall, and its availability has been a point of interest in the retail real estate sector. The nominal lease cost suggests a long-standing agreement or specific historical terms associated with the property’s occupancy.
Further information regarding the sale process, potential buyers, or the intended use of the space post-acquisition has not been disclosed.
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