Retail/Office Space Available!

2073 Wayzata Blvd Long Lake, MN 55356

2073 Wayzata Blvd, Long Lake, MN, 55356
2073 Wayzata Blvd, Long Lake, MN, 55356
Property Type:
Free Standing Building
Please Call Broker for Price

Cap Rate:
Last Verified:
Jun 05, 2023

Retail/Office Space Available Beautiful retail/office space conveniently located on Wayzata Blvd in Long Lake. Join co-tenants Anytime Fitness, Fabulous Nails, Pilgrim Cleaners, Body Glow Tanning, Caribou Coffee and WestMet Classical Dance. Highlights and Features: • B2-A Zoning Service Business District • Built in 2005 • Direct entrance • Ample parking • Great visibility • Located in the growing city of Long Lake • Building signage • Strong demographics • Area Tenants: McDonald's, Super America, Alchemy Soccer Training, Harvest Moon Food Co-op, Otten Bros Garden Center & Landscaping, Asteria Inn & Suites, Inner Circle Fitness, Primo Plates & Pours, Domino's Pizza, Long Lake True Value, Lakeside Wine & Spirits, Red Rooster Bar & Restaurant Demographics and Traffic Counts: • Average Population: 1 mile - 1,894, 3 miles - 5,079 and 5 miles - 17,412 • Average Household Income: 1 mile - $124,648, 3 miles - $126,887 and 5 miles -$123,164 • Traffic Counts: 24,500 vpd on US 12 and 12,000 vpd on Wayzata Blvd Space Available: • Suite 200: 791 sf • 2022 CAM: $5.91 psf and Tax: $4.91 psf • Lease Rate: Negotiable

Map of 2073 Wayzata Blvd, Long Lake, MN, 55356

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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.