Property Overview
Price/Rent PSF $ 12.00
Asset Type Retail
Trade Type Lease
SQ. FT. Available 2,800
Date Available 01/12/2018
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Space 1 Suite 4675: 2,800 sf
Space 2 Pad site: 9,120 sf
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Description

Retail Space and New Construction/Pad Site For Lease

The Marina Shopping Center was renovated in 2003. This retail space, offered for lease, is an exceptional value! Located on the shores of Lake Minnetonka, these businesses are supported by the residents of several surrounding communities.

The retail center and pad site is located on the Dakota Rail Trail, which runs 20 miles from Wayzata to Mayer, Minnesota through the towns of Spring Park and St. Bonifacius. Now Open – Back Channel Brewery!

Highlights & Features:
• Year built: 1964, renovated in 2003
• Ample Parking: 200 spaces (4.24/1000)
• Drive-thru available for free standing retail pad site
• Responsive local ownership
• Co-tenants: Ridgeview Medical Clinic (Spring Park Pharmacy), Asian
Bistro, MGM Liquor, Papa Murphy’s, Snap Fitness, TCM Wellness,
and Fantastic Sam's
• Area tenants: Certified Auto Repair, Spring Park Auto Sales, Blue
Lagoon Marine, Presbyterian Homes & Services, Koala Bear Child Care & Preschool, NPC Robotics, Caribou Coffee

Space Available - Retail:
• Suite 4675: 2,800 sf
• Lease Rate: $12.00 psf
• 2017 CAM: $2.12 psf and Tax: $4.36 psf

Space Available - Pad Site:
• Pad site next to MGM Liquor can accommodate up to 9,120 square feet of freestanding retail, office or medical

Demographic & Traffic Counts:
• 2016 Projected Population: 3 miles: 19,404; 5 miles: 41,694 2016
• Average Household Income: 5 miles: $113,992
• 18,900 vpd on Shoreline Drive and 5,600 vpd on Island Drive

Location