3,405 SF Retail Space For Lease In The Heart Of Elk River!

716 Freeport Avenue NW Elk River, MN 55330

716 Freeport Avenue NW, Elk River, MN, 55330
Elk River Plaza
716 Freeport Avenue NW, Elk River, MN, 55330
Property Type:
Strip Center
Please Call Broker for Price

Cap Rate:
Last Verified:
Jun 05, 2023

Retail Space For Lease In The Heart Of Elk River! Elk River Plaza is a strip center conveniently located off of Highway 169 in the heart of Elk River. This flexible space plan has numerous possible uses. Join co-tenants Elk River Theaters, Buffalo Wild Wings and Azitala Yoga. Area tenants include Burger King, O'Reilly Auto Parts, McDonald's, Papa John's, Kentucky Fried Chicken, Guardian Angels Senior Services, Maytag, Nassau Pools & Spas, New Hong Kong Buffet, Elk River Tire & Auto, Barrington Oaks Veterinary Hospital. Highlights and Features: 1 ADA bathrooms Hwy 169 frontage High traffic visibility Demographics and Traffic Counts: 2019 Population: 1 mile - 3,738, 3 miles - 16,279 and 5 miles - 29,404 2019 Average Household Income: 1 mile - $67,785, 3 miles - $80,383 and 5 miles - $84,757 Traffic Counts: 4,000 vpd on Freeport Street, 45,500 vpd on Hwy 169, 9,200 vpd on School Street and 12,100 vpd on Main Street NW Space Available: Suite 640: 3,405 sf (former dance studio) 2022 CAM: $1.87 psf and Tax: $3.00 psf Lease Rate: Negotiable

Additional URLs

Map of 716 Freeport Avenue NW, Elk River, MN, 55330

Presented by:

Request additional information

Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.