1,056 SF Retail Space For Lease At Starbucks Anchored Center!

16227-16331 Kenrick Avenue Lakeville, MN 55044

16227-16331 Kenrick Avenue, Lakeville, MN, 55044
16227-16331 Kenrick Avenue, Lakeville, MN, 55044
FOR LEASE
Property Type:
Strip Center
Last Verified:
Jun 05, 2023

1,056 SF Retail Space For Lease At Starbucks Anchored Center!

Kenrick Commons is a busy neighborhood center in rapidly growing Lakeville, Minnesota. Join a very successful Starbucks in this newer property surrounded by high-income households. Join co-tenants Fantastic Sams, Mimi Spa Nails, John’s Tailors and Align Chiropractic. Now Open - YMCA!

Highlights and Features: 
Prominently positioned off of I-35 and County Road 46 Excellent visibility
High traffic counts 
Pylon signage is available 
Area tenants: Twin Cities Harley-Davidson, Motoprimo, Sterling Bank, Sherwin-Williams Paint Store, Minnesota Hot Tubs, Belle Ami Salon, Ballet Royale Minnesota, Pleasant Hills Saddle Shop, Leo's South, Kwik Trip and Telin Transportation Group

Demographics and Traffic Counts: 
2016 Population: 1 mile - 5,280, 3 miles - 61,621 and 5 miles - 171,331 
2016 Average Household Income: 1 mile - $93,185, 3 miles - $85,650 and 5 miles - $79,323 
Traffic Counts: 85,000 vpd on I-35 and 32,500 vpd on Cty Rd 46

Space Available: 
Suite 16281: 1,056 sf 
2019 CAM: $4.77 psf and Tax: $5.48 psf

 

 

Kenrick Commons is a busy neighborhood center in rapidly growing Lakeville, Minnesota. Join a very successful Starbucks in this newer property surrounded by high-income households. Join co-tenants Fantastic Sams, Mimi Spa Nails, John’s Tailors and Align Chiropractic. Now Open - YMCA!

Highlights and Features: 
Prominently positioned off of I-35 and County Road 46 Excellent visibility
High traffic counts 
Pylon signage is available 
Area tenants: Twin Cities Harley-Davidson, Motoprimo, Sterling Bank, Sherwin-Williams Paint Store, Minnesota Hot Tubs, Belle Ami Salon, Ballet Royale Minnesota, Pleasant Hills Saddle Shop, Leo's South, Kwik Trip and Telin Transportation Group

Demographics and Traffic Counts: 
2016 Population: 1 mile - 5,280, 3 miles - 61,621 and 5 miles - 171,331 
2016 Average Household Income: 1 mile - $93,185, 3 miles - $85,650 and 5 miles - $79,323 
Traffic Counts: 85,000 vpd on I-35 and 32,500 vpd on Cty Rd 46

Space Available: 
Suite 16281: 1,056 sf 
2019 CAM: $4.77 psf and Tax: $5.48 psf

 


Map of 16227-16331 Kenrick Avenue, Lakeville, MN, 55044

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.